Senior Benefits Consultant

Brown & Brown Insurance•Minneapolis, MN

7d•$110,000 - $150,000

About The Position

Brown & Brown is seeking a Senior Benefits Consultant to join its team in Minneapolis, Minnesota. The role serves as a primary client contact in a consulting capacity, administering employee benefit marketing and renewals and providing daily service. The consultant develops and manages a client book of business, pursues additional revenue opportunities with the Relationship Manager, assists with Account Team management, and serves as a resource to the department. The consultant manages client retention and growth; develops and executes benefit strategies; advises clients on compliance; and leads financial strategy, reporting, and escalations. The position also leads client meetings, presentations, and onboarding, participates in market meetings and training programs, and provides guidance to Consultants, Account Managers, and Analysts. The role may develop into a Team Leader position managing other team members. Routine or periodic travel may be required, potentially using a personal or rental vehicle. If driving is required, acceptable motor vehicle record results at hire and periodically thereafter, and maintaining minimum acceptable insurance coverage, are required.

Requirements

Minimum of a four-year degree or equivalent work experience.
At least 9 years of employee benefits experience, with thorough understanding and knowledge of employee benefits.
At least 4 years of financial experience.
Proficiency with Microsoft Office Suite.
Strong to expert-level Microsoft Excel skills.
Ability to maintain a high level of confidentiality.
Excellent verbal and written communication skills.
Strong analytical and critical-thinking abilities.
Ability to work independently.
Detail-oriented, with excellent organizational skills.
A college degree in Business Administration, Insurance, Risk Management, or a related field, or an equivalent qualification.
Must obtain and maintain an active Life/Accident and Health Insurance Agent License.
If driving is required, acceptable motor vehicle record results at hire and periodically thereafter, and maintenance of minimum acceptable insurance coverage.

Responsibilities

Manage a book of business, including client retention and growth.
Develop and execute client benefit strategies.
Advise clients independently on compliance matters.
Perform compliance, benchmarking, renewal and marketing, reporting, and analytics functions with little guidance.
Serve as a strategic resource and financial strategy lead, and handle client escalations.
Monitor, prepare, and review monthly financial reports; send reports to clients with analysis of activity and large-claim detail.
Prepare financial and underwriting exhibits, including financial projections, large-claim analysis, specific stop-loss analysis, demographics analysis, and IBNR analysis.
Develop reporting requirements and manage deviations or customizations in reports.
Lead client meetings, presentations, and new-client onboarding.
Participate in market meetings, seminars, and training programs.
Provide guidance and training to Consultants, Account Managers, and Analysts.
Potentially manage other Consultants, Account Managers, and Analysts as a Team Leader.
Obtain and maintain an active Life/Accident and Health Insurance Agent License.