Senior Health and Benefits Consultant- New York

Marsh McLennan•New York, NY

7d•$115,200 - $230,400•Hybrid

About The Position

Mercer has an exciting opportunity available for an experienced Senior Health & Benefits (H&B) Consultant supporting their NY office. The Senior Health Consultant will work collaboratively to lead consulting engagements with 500+ life employers regarding their medical, dental, life and disability benefit plans and programs and negotiate with benefits carriers and vendors to secure health and welfare plan coverage for these employers. The senior consultant will develop client strategies, interfacing directly with clients and developing vendor relationships.

Requirements

BA/BS degree.
5+ years’ experience in identifying, designing, recommending and implementing efficient, innovative business solutions to clients' complex health care benefits challenges.
Renowned expertise and industry reputation in the health & benefits field.

Nice To Haves

Enthusiastic, innovative sales and marketing skills plus the ability to market organizational strengths successfully.
Excellent analytical and mathematical skills, strategic planning, communication, and listening skills.
Self-starter with the ability to collaborate and lead teams to deliver project objectives.

Responsibilities

Participates or leads routine client engagements, including managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking and other projects associated with underwriting health and welfare insurance, brokering contracts or projecting health care related costs.
Lead developing cost projections and evaluation of vendor renewal workups.
Provide high level financial, contract and/or administrative analysis and review of the work of junior staff.
Perform data analysis (example includes but is not limited to review claims and utilization data and look for trends and patterns); may involve use of the Mercer's internal financial tools to develop self-funded claims projections, set rates and model employee cost-sharing scenarios.
Review internal compliance and client disclosure requirements, external vendor contracts, summary plan documents (SPD's) and employee communications to ensure alignment with client expectations and legal requirements.
Handles day-to-day client contact/management to resolve project-related questions and challenges, and guide junior staff members in client interactions.
Lead complex client engagements, including managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other studies.
Assists in the development of sophisticated benefits design and renewal strategies and drives the creation of tools and solutions to address complex client issues.
Determines the full scope of services provided to clients and sets roles and responsibilities within the client team.
Is accountable for the revenue and profitability of client accounts and projects.
Generates sales by expanding revenue from existing clients and leading prospecting efforts with new clients.
Establishes effective carrier and vendor relationships to serve clients in benefits procurement and administration (eligibility, claims, billing, plan implementation, contracts, plan changes, and necessary amendments).
Provides mentoring and coaching to direct reports and project team members.
Delegates effectively to provide developmental opportunities to team members.