Marsh McLennan

Consultant, Employee Health & Benefits, Private Equity

Marsh McLennan$92K — $172K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree; Master's preferred
  • 10+ years of insurance industry experience
  • Deep knowledge of health and welfare benefit plans
  • Excellent communication and advanced writing skills
  • Proficient in Health & Welfare compliance regulations
  • CEBS Certification or equivalent preferred
  • Ability to collaborate effectively across all levels of an organization

Responsibilities

  • Provide expert consulting on health and welfare plans for Private Equity clients
  • Build and maintain strong relationships with clients and vendors
  • Lead carrier negotiations aligned with client objectives
  • Coach and support Associate Consultants within the team
  • Develop and execute client project plans and presentations
  • Manage and analyze client benefit plan data and requirements
  • Travel to client sites up to 20% of the time as needed

Benefits

  • Generous time off, including personal and volunteering days
  • Tuition reimbursement and professional development opportunities
  • Hybrid work schedule available
  • Charitable contribution match programs
  • Stock purchase opportunities
Full Job Description
Company:
Marsh McLennan Agency

Description:

A day in the life.

As a Consultant on the Private Equity team at Marsh McLennan Agency will be relied upon for insight and broad knowledge of health and welfare plans. The successful candidate will have passion around developing relationships with clients and colleagues alike, along with strong industry experience with the ability to fully understand clients' benefit programs, identify gaps in coverage, listen and confidently advise clients on appropriate solutions enabling them to achieve their long-term strategy. Our not-so-secret sauce.
  • Bring deep knowledge of health and welfare consulting to our Private Equity-owned clients
  • Serve as a go-to resource for Associate Consultants and other team members
  • Build and maintain strong, collaborative relationships with vendor and carrier partners
  • Lead carrier negotiations when needed, aligning to client goals
  • Communicate in a way that builds trust with stakeholders at all levels of the client organization
  • Own day-to-day client relationships and lead and contribute to internal initiatives that improve how we serve clients
  • Support, coach, and provide direction to Associate Consultants
  • Coordinate, develop, and execute project plans, including periodic presentations for specific client groups
  • Develop and manage short- and long-term benefits strategies, strengthening client relationships
  • Participate in the RFP process from planning through evaluation and recommendations
  • Manage renewal and implementation processes, helping ensure a smooth experience for clients
  • Analyze benchmark/survey data for client plans; summarize, validate, and translate insights into clear recommendations
  • Understand key underwriting and pricing levers across lines of coverage
  • Manage post-implementation activities across lines of coverage to confirm solutions are working as intended
  • Travel to client sites up to 20% of the time, with advance notice whenever possible

Our future colleague.

We'd love to meet you if your professional track record includes these skills:
  • Bachelor's Degree, Masters preferred
  • 10+ years in insurance industry experience with a thorough understanding of all benefit plans (medical, dental, life, STD, LTD, etc) design, rate structures, funding alternatives and compliance requirements.
  • Excellent communication and presentation skills with advanced writing skills.
  • Proficient in all areas of Health & Welfare compliance (i.e. HIPAA, FMLA, COBRA, 5500, DOL, etc).
  • CEBS Certification or other industry recognized designations preferred.
  • Life Accident & Health Licensure or commitment to achieving within 3 months of start date.
  • Advanced proficiency in Microsoft Office suite programs
  • Ability to work effectively and collaboratively with all levels of internal staff & management, external clients, prospects and vendors.
  • Shared commitment to company values; Integrity, Collaboration Passion, Innovation, Accountability


We know there are excellent candidates who might not check all of these boxes. Don't be shy. If you're close, we'd be very interested in meeting you.

Valuable benefits

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside of work. Our culture promotes colleague well-being through robust benefits programs and resources, professional and personal development opportunities, and fulfillment through meaningful work.

Some benefits included in this role are:
  • Generous time off, including personal and volunteering
  • Tuition reimbursement and professional development opportunities
  • Hybrid work
  • Charitable contribution match programs
  • Stock purchase opportunities


To learn more about a career at MMA, check us out our website or flip through recruiting brochure.

Follow us on social media to meet our colleagues and see what makes us tick:
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About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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