Senior Health & Benefits Consultant

Marsh McLennan • Philadelphia, PA

2d • $88,000 - $176,000 • Hybrid

About The Position

Mercer has an exciting opportunity available and is recruiting for a solid and experienced Senior Health & Benefits (H&B) Consultant supporting our Northeast office. This position is hybrid and can sit in any of our Northeast locations. What can you expect? The Senior H&B Consultant will work collaboratively to lead consulting engagements with mid-market 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 relationship We will count on you to: 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.

Requirements

• BA/BS degree.
• 7+ 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.

Benefits

• Join a global leader in human resources consulting, where you will enjoy top-notch benefits, a diverse and inclusive culture, and opportunities for professional growth.
• At Mercer, we empower our colleagues to thrive and make a difference in the moments that matter.
• We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 5,001-10,000 employees