RFP Financial Consultant

Marsh McLennan

1d•Hybrid

About The Position

Marsh McLennan Agency's East Region is a leader in the employee benefits marketplace, simplifying employee health and welfare benefits and risk management for regional, national, Fortune 500 and Fortune 1000 companies. The company values integrity, collaboration, passion, innovation, and accountability, and is committed to making a difference for colleagues, clients, and communities. The RFP Financial Consultant is a strategic and pivotal role that partners with account teams to drive impactful marketing strategies across employer health benefit lines. This position combines strong financial/analytical expertise with consultative leadership to help teams deliver compelling, data-driven recommendations across the full spectrum of employer health benefit lines. The role will also shape and grow a centralized marketing team while leading complex RFPs and negotiations in a dynamic, fast-paced environment.

Requirements

Bachelor’s Degree in Risk Management, Insurance, Actuary, Mathematics and/or other related field
Intermediate working knowledge of MS Excel (ability to perform pivot tables, macros, and intermediate formulas)
Effective analytical, math and problem solving skills, sound judgment, strong decision making ability, confidence to make difficult decisions and excellent communication skills
Must be organized, detail oriented and able to translate big picture ideas into client objectives
Strong organizational, analytical skills and strong attention to detail
Excellent troubleshooting, decision making and problem solving skills
Strong negotiation and persuasion skills
Goal oriented self-starter
Solid interpersonal, verbal and written communication skills
Ability to work well independently and as a team member
Ability to multitask and successfully operate in a fast-paced work environment
Ability to prioritize projects and meet deadlines
Ability to follow through on and successfully execute tasks while adhering to specified quality standards
Demonstrated ability to provide superior customer service and maintain positive relationships with client contacts
Proficiency in Microsoft Office Suite, including MS Word (intermediate), Excel (advanced) and Access (intermediate)
Proficiency in use of PC such as keyboard skills and electronic folder/file organization and management
Aptitude for learning internal systems, applications and internal work flow of the department
Ability to effectively interact and deal with people at all levels inside and outside of the company

Nice To Haves

Minimum of 5 year’s experience in the Benefits Brokerage, Consulting, or Insurance industry with an emphasis on employer health benefits

Responsibilities

Responsible for clients’ benefits marketing process, including: data acquisition, request for proposal (RFP) preparation, vendor question resolution, proposal review and analysis, negotiation with carriers, and client exhibit and presentation preparation
Tracking and documentation of RFP process from drafting RFP to final decision confirmation
Validate renewals and proposals for accuracy
Use specified technology platform(s) to release RFPs and receive/analyze proposals
Maintain quality service standards and organization to assure timely service to MMA team
Research and remain abreast of the dynamic, competitive insurance environment, new and complex insurance projects, appropriate underwriting techniques and constantly changing legislation that governs business
Define and implement systems, workflows, standards and best practices that support the establishment and growth of the centralized marketing team
Develop/Acquire RFP expertise for all employer health lines of coverage within the centralized marketing team
Mentor and coach team members through hands-on guidance, onboarding support, and regular feedback to build RFP skills
Plan and implement a mid-to-long term strategy to improve the utilization of the unit across all business practices and lines of coverage
Contribute to monitoring marketing team deliverables, resource utilization and capacity modeling
Participate in special underwriting and operations projects as needed