Health & Benefits Consultant

Marsh McLennan•Irvine, CA

1d•$68,500 - $137,000•Hybrid

About The Position

We are seeking a talented individual to join our Health & Benefits (H&B) team, part of our People & Investments business at Marsh. This role will be based in Irvine and offers a hybrid work arrangement, requiring a minimum of three days per week in the office. As a Health & Benefits Consultant, you will assist with managing consulting engagements with large market employers regarding their medical, dental, life, and disability benefit plans and programs. You will negotiate with benefits carriers and vendors to secure health and welfare plan coverage for these employers, acting as the client manager and often the relationship manager.

Requirements

BA/BS degree
3-5 years of experience in identifying, designing, recommending, and implementing efficient, innovative business solutions to clients' complex health care benefit plans
Client facing experience in a consulting capacity
Renowned expertise and industry reputation in the health & benefits field

Nice To Haves

Life & Health License
Strong, innovative sales and marketing skills plus the ability to market organizational strengths successfully
Well-versed mathematical skills, strategic planning, communication, and listening skills
Proven management skills in leading large, complex projects

Responsibilities

Provide financial, contract, and administrative analyses, while managing project components and addressing ad hoc client operational and administrative challenges
Support financial analysis and review including underwriting, data analytics, and partnership with actuaries to support funding analysis
Thrive and be motivated by an environment that embraces AI and technology-enabled tools
Contribute as a member of the consulting team in developing overall client strategy, interpret and present benchmark data to clients, and ensure plan and program changes align with client objectives
Demonstrate project management skills and manage the quality and timeliness of deliverables, and delegate to and review project work of more junior colleagues
Manage internal specialty resources ensuring client deliverables meet goals, deadlines, and quality standards
Prepare, review, and deliver clear, client-friendly communications and reports through established peer review processes
Work directly with the client and manage the request for proposal (RFP) process with the health insurance carriers and internal analyst
Collect and review the analysts’ compilation of health benefits information from a variety of sources (such as hard files, electronic files, the client, and carriers), responses from the carriers and the data in a template (customization depends on client plan types, funding, rate structure, etc.), and review the transparency documents
Analyze carrier proposals, interpret findings, and prepare executive summaries and recommendations for clients
Ensure compliance with professional standards, including use of template, client calendar, peer review requirements, and transparency practices
Build and maintain carrier and vendor relationships to support plan administration, eligibility, claims, billing, implementations, contract management, and plan amendments