Health & Benefits Consultant

Marsh McLennan•New York, NY

1d•$68,500 - $137,000•Hybrid

About The Position

We are seeking a talented individual to join our Health & Benefits team at Mercer, a Marsh business. This role will be based in New York City and offers a hybrid work arrangement, requiring a minimum of three days per week in the office. As a Health & Benefits Consultant, you will work collaboratively to lead consulting engagements with 500+ life employers regarding their medical, dental, life and disability benefit plans and programs, and negotiate with benefits carriers and vendors to secure health and welfare plan coverage for these employers. You will have the opportunity to develop client strategies, interfacing directly with clients and developing vendor relationships.

Requirements

BA/BS degree
Minimum of 3 years’ experience in identifying, designing, recommending and implementing efficient, innovative business solutions to clients' complex health care benefits challenges
Renowned expertise and industry reputation in the health & benefits field
Client facing experience in a consulting environment
Excellent analytical and mathematical skills, and strategic planning
Exceptional communication and listening skills
Self-starter with the ability to collaborate and lead teams to deliver project objectives
Proficient in Excel and working knowledge of the MS Office suite

Nice To Haves

Enthusiastic, innovative sales and marketing skills with the ability to market organizational strengths successfully
Demonstrated ability to confidently present and communicate effectively to stakeholders
Intellectual curiosity that challenges the status quo

Responsibilities

Participate or lead routine client engagements, including managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking and other projects associated with underwriting health and welfare insurance, brokering contracts or projecting health care related costs
Lead developing cost projections and evaluation of vendor renewal workups
Provide high level financial, contract and/or administrative analysis and review of the work of junior staff
Perform data analysis (example includes but is not limited to reviewing claims and utilization data and look for trends and patterns); may involve use of the Mercer's internal financial tools to develop self-funded claims projections, set rates and model employee cost-sharing scenarios
Review internal compliance and client disclosure requirements, external vendor contracts, summary plan documents (SPD's) and employee communications to ensure alignment with client expectations and legal requirements
Handle day-to-day client contact/management to resolve project-related questions and challenges, and guide junior staff members in client interactions