Health & Benefits Consultant

Marsh McLennan • Los Angeles, CA

3d • $68,500 - $137,000 • Hybrid

About The Position

Marsh is seeking a Health & Benefits Consultant to join its Health & Benefits team within the People & Investments business. The role is based in Los Angeles and follows a hybrid arrangement, with at least three days per week in the office or working onsite with clients.

The consultant assists with managing engagements for large-market employers concerning medical, dental, life, and disability benefit plans and programs. The role negotiates with carriers and vendors to secure health and welfare plan coverage, serving as client manager and often relationship manager. The consultant contributes to client strategy, financial and data analysis, project delivery, communications, carrier proposal review, and the administration of client plans. The role also works with analysts, actuaries, internal specialty resources, carriers, and vendors to provide high-quality client deliverables.

Requirements

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

Nice To Haves

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

Responsibilities

• Provide financial, contract, and administrative analyses; manage project components; and address ad hoc client operational and administrative challenges.
• Support financial analysis and review, including underwriting, data analytics, and collaboration with actuaries on funding analysis.
• Contribute to consulting-team development of overall client strategy, interpret and present benchmark data, and ensure plan and program changes align with client objectives.
• Manage projects and the quality and timeliness of deliverables; delegate and review work performed by more junior colleagues.
• Manage internal specialty resources to ensure 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 clients and manage requests for proposals with health insurance carriers and internal analysts.
• Collect and review analysts’ compilations of health benefits information from clients, carriers, and hard-copy and electronic files; review carrier responses, template data, and transparency documents.
• Analyze carrier proposals, interpret findings, and prepare executive summaries and client recommendations.
• Ensure compliance with professional standards, including template use, client calendars, peer-review requirements, and transparency practices.
• Build and maintain carrier and vendor relationships supporting plan administration, eligibility, claims, billing, implementations, contract management, and plan amendments.
• Negotiate with benefits carriers and vendors to secure health and welfare plan coverage for employer clients.

Benefits

• Professional development opportunities, interesting work, and supportive leaders.
• Health and welfare benefits.
• Tuition assistance.
• 401K savings and other retirement programs.
• Employee assistance programs.
• The position may be eligible for performance-based incentives.
• Competitive total rewards package.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level