Voluntary Benefit Analyst Intern

Marsh McLennan

1d•$25•Hybrid

About The Position

Marsh McLennan Agency's East Region is a leader in the employee benefits marketplace. Our associates simplify employee health and welfare benefits and risk management for regional, national, Fortune 500 and Fortune 1000 companies. We value integrity, collaboration, passion, innovation, and accountability, and we are committed to making a difference in the moments that matter for our colleagues, clients, and communities. BRIEF DESCRIPTION The primary role of the Voluntary Benefits Analyst Intern is to support the Client Service, Sales, and Underwriting teams by providing analysis of products and carriers to support the overall business objectives. This internship opportunity will provide exposure to clients’ benefit plan designs, account planning meetings, and strategic support within the client partnership. Correspond with insurance carriers to obtain plan details to help streamline the product comparison. Quality review employee-facing communications, product comparisons, and presentations used to deliver our findings to clients. The primary focus of this internship will surround voluntary benefit programs including, but not limited to: Accident, Critical Illness/Cancer, Hospital indemnity, Hybrid Life with Long-Term Care, Identity Theft, Legal, Pet, Genomics, Auto/Home, and Discounts/Perks.

Requirements

Working towards Bachelor’s Degree, preferably within Risk Management, Insurance or general Business
Prior internship experience in a benefits brokerage, consulting, or insurance industry is preferred
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
Ability to show initiative, good judgment, and resourcefulness
Ability to work well independently and as a team member
Solid interpersonal, verbal and written communication skills
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 Excel, PowerPoint and Word Strong self-starter and fast learner including aptitude for learning internal systems, applications, and internal workflow of the department
Must be able to effectively interact with people at all levels inside and outside of the company

Nice To Haves

Prior internship experience in a benefits brokerage, consulting, or insurance industry is preferred

Responsibilities

Assist with the evaluation, determination and recommendation of alternative coverage, pricing options, and plan design changes
Analyze existing benefit offerings and employee demographics to determine best voluntary benefit strategy
Support the clients’ benefit marketing process: data acquisition, RFP preparation, vendor question resolution, proposal review and analysis, exhibits, and client presentation preparation
Participate in the development, implementation and management of client specific project plans
Assist with the development/review of communication strategies and materials such as contracts, newsletters, benefit summaries, and product brochures
Answer client and internal questions regarding product provisions and rules
Assist with various tasks when needed, including but not limited to: benchmark analysis, annual requests for information, and contact list updates
Represents the organization professionally by communicating respectfully and supporting client requests under the guidance of the team. (Client Centered)
Demonstrates a results-oriented mindset by taking initiative, learning quickly, and delivering high-quality work that supports business and client outcomes. (Results)
Demonstrates integrity by acting professionally, maintaining confidentiality, and completing work in an honest, ethical, and compliant manner while supporting the Voluntary Benefits Practice. (Integrity and Accountability)