Senior Consultant, Employee Benefits, Private Equity

Marsh McLennanBoston, MA
2dHybrid

About The Position

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With over 300 offices across North America, we combine the personalized service model of a local consultant with the global resources of the world's leading professional services firm, Marsh McLennan (NYSE: MMC). Marsh McLennan Agency (MMA) is seeking a Senior Consultant to join our Employee Health & Benefits team with a dedicated focus on Private Equity-backed clients. This role is ideal for a consultative, strategic benefits professional who thrives in a fast-paced environment and enjoys partnering with sophisticated investors and portfolio company leadership teams. Serve as the lead consultant for Private Equity-backed clients and their portfolio companies, delivering strategic health & benefits guidance. Advise clients on benefits strategy, plan design, funding arrangements, compliance, and cost-containment solutions aligned with business objectives. Partner with Private Equity sponsors on M&A activity, including: Benefits due diligence Deal modeling and cost analysis Post-transaction benefits integration and harmonization Lead annual renewal strategy, vendor negotiations, and market placements. Coordinate and collaborate with internal MMA resources (compliance, analytics, wellness, actuarial, and voluntary benefits teams). Support portfolio companies at various stages of maturity, from early-stage growth to mature enterprises. Present recommendations to executive leadership, boards, and investor groups. Mentor junior consultants and analysts; contribute to team development and best practices. Stay current on industry trends, regulatory changes, and Private Equity market dynamics. Contribute to business development efforts by participating in finalist meetings and assisting in the development of proposals and presentations.

Requirements

  • 7+ years of experience in employee benefits consulting or related role within a brokerage, carrier, or HR department.
  • Strong knowledge of health and welfare plan design, compliance, and funding arrangements.
  • Exceptional client relationship management skills and executive presence.
  • Proven ability to analyze complex data and translate insights into strategic recommendations.
  • Excellent presentation, negotiation, and communication skills.
  • Licensed in Life & Health (or ability to obtain upon hire).
  • Shared commitment to company values; Integrity, Collaboration Passion, Innovation, Accountability

Responsibilities

  • Serve as the lead consultant for Private Equity-backed clients and their portfolio companies, delivering strategic health & benefits guidance.
  • Advise clients on benefits strategy, plan design, funding arrangements, compliance, and cost-containment solutions aligned with business objectives.
  • Partner with Private Equity sponsors on M&A activity, including: Benefits due diligence Deal modeling and cost analysis Post-transaction benefits integration and harmonization
  • Lead annual renewal strategy, vendor negotiations, and market placements.
  • Coordinate and collaborate with internal MMA resources (compliance, analytics, wellness, actuarial, and voluntary benefits teams).
  • Support portfolio companies at various stages of maturity, from early-stage growth to mature enterprises.
  • Present recommendations to executive leadership, boards, and investor groups.
  • Mentor junior consultants and analysts; contribute to team development and best practices.
  • Stay current on industry trends, regulatory changes, and Private Equity market dynamics.
  • Contribute to business development efforts by participating in finalist meetings and assisting in the development of proposals and presentations.

Benefits

  • Medical, dental and vision plans
  • 401(k) match after one year
  • Contribute toward student loan debt
  • Generous paid time-off programs ensure you have time to recharge including vacation days, personal days, sick days, holidays, volunteer day, and days for learning & development
  • Tuition reimbursement and professional development opportunities
  • Charitable contribution match programs
  • Stock purchase opportunities

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Education Level

No Education Listed

Number of Employees

5,001-10,000 employees

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