Marsh McLennan

Health & Benefits Consultant

Marsh McLennan$68K — $137K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree required
  • 3+ years of experience in healthcare benefits consulting
  • Strong reputation in the health & benefits industry
  • Client-facing experience in a consulting role
  • Exceptional analytical and strategic planning skills
  • Outstanding communication and listening abilities
  • Proficiency in Excel and MS Office suite

Responsibilities

  • Lead consulting engagements with 500+ life employers on benefit plans
  • Manage service delivery, strategy, and financial evaluations
  • Develop cost projections and evaluate vendor renewals
  • Conduct data analysis to identify claims trends
  • Review compliance and client disclosures to meet legal standards
  • Oversee day-to-day client management and guide junior staff

Benefits

  • Health and welfare benefits
  • Tuition assistance
  • 401K savings and retirement programs
  • Employee assistance programs
Full Job Description
Company:
Mercer

Description:

We are seeking a talented individual to join our Health & Benefits team at Mercer, a Marsh business. This role will be based in New York City and offers a hybrid work arrangement, requiring a minimum of three days per week in the office.

As a Health & Benefits Consultant, you 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. You will have the opportunity to develop client strategies, interfacing directly with clients and developing vendor relationships.

We will count on you to:
  • Participate or lead 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 reviewing 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
  • Handle day-to-day client contact/management to resolve project-related questions and challenges, and guide junior staff members in client interactions


What you need to have:
  • BA/BS degree
  • Minimum of 3 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
  • Client facing experience in a consulting environment
  • Excellent analytical and mathematical skills, and strategic planning
  • Exceptional communication and listening skills
  • Self-starter with the ability to collaborate and lead teams to deliver project objectives
  • Proficient in Excel and working knowledge of the MS Office suite


What makes you stand out?
  • Enthusiastic, innovative sales and marketing skills with the ability to market organizational strengths successfully
  • Demonstrated ability to confidently present and communicate effectively to stakeholders
  • Intellectual curiosity that challenges the status quo


The applicable base salary range for this role is $68,500 to $137,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

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.

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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