Marsh McLennan

Health & Benefits Consultant

Marsh McLennan • $70K — $120K *
Ottawa, ON K1G 3J6In-Person
Finance & Insurance
Less than 5 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in health and benefits consulting.
  • Strong organizational, oral, and written communication skills.
  • Proficiency in Microsoft Office, especially Excel, Word, and PowerPoint.
  • Ability to manage multiple tasks in a fast-paced environment.
  • Required to maintain appropriate licenses as per provincial regulations.

Responsibilities

  • Deliver impactful solutions for diverse organizations.
  • Collaborate with various client teams and Health colleagues.
  • Support clients' financial and strategic management of benefit programs.
  • Perform calculations for employee benefit plan costs and prepare projections.
  • Develop project management skills and assist in client communications.

Benefits

  • Health and welfare benefits.
  • Tuition assistance programs.
  • Retirement programs.
  • Employee assistance programs.
Full Job Description
Company:
Mercer

Description:

Mercer Canada is seeking a Health & Benefits Consultant to join out H&B consulting department in our Ottawa office.

This is a hybrid role that requires being in the office at least 3 days a week.

The applicable base salary range for this role is $70,000 to $120,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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, retirement programs as well as employee assistance programs.

We will count on you to:
  • Participate in delivering impactful solutions for organizations of any size and varied industries and have a direct impact on their employees.
  • Work in a collaborative environment on a wide variety of client teams with any number of our Health colleagues.
  • Support clients in the financial and strategic management of their employee benefit programs through analysis and communication.
  • Perform basic or complex calculations with respect to the costs of our clients' employee benefit plans and insurance arrangements, including using Mercer's internal tools to price plan design changes and prepare future cost projections.
  • Develop project management and consulting skills including: managing the quality and timeliness of client deliverables, participating in client calls and meetings as appropriate and assisting with the preparation of client-friendly communications.
  • Develop deeper understanding of the following, through online training, group sessions, or one-on-one training with colleagues: Health and Benefits products, services and technical tools offered by Mercer, vendor/carrier markets, basic underwriting skills, budget-setting, rate-setting and evaluation.
  • Perform works related to the actuarial valuation of the obligation and expenses related to post-employment retirement benefits and / or post-employment benefits - using Canadian, U.S. and/or international accounting standards and according to the Mercer standards
  • Provide accurate and timely data and financial analysis on various projects for medical, dental, life and disability programs;
  • Validate and compare premiums for group benefit plans under vendor renewals, quotes or benchmarking exercises with other companies in the industry;
  • Produce quarterly experience monitoring reports for clients and analyze the impact of any recent changes;
  • Analyze financial statements of group insurance plans and review the financial agreement to suit the client needs;
  • Analyze cost drivers by reviewing client's utilization data and looking for year-over-year trends or comparisons to external benchmarks using data provided from client's vendor reports or raw data from external databases;
  • Perform analyses for larger, more complex clients, including more in-depth analysis for complex situations that may require additional research or discussion with Mercer subject matter experts;
  • Perform technical reviews of any of the above when prepared by a junior member of a client team;
  • Gather necessary data from the vendor or client; review to ensure it is complete, accurate and reasonable; and prepare data in a particular template or format for use in basic or advanced financial analyses;
  • Work with your client teams to develop recommendations and reporting for clients based on your analysis
  • Review amendments, contracts, and booklets


What you need to have:
  • Previous work-related experience
  • Strong organizational skills
  • Strong oral and written communication skills
  • Ability to handle multiple tasks in a demanding fast-paced work environment
  • Ability to work in a team environment where the priorities and requirements may change quickly
  • Time management skills
  • Proficiency with Microsoft Office (Excel, Word, PowerPoint)
  • Will be required to obtain and maintain appropriate licenses as required by provincial regulations and Mercer policies.


What makes you stand out:
  • Post-secondary degree or equivalent experience in business, mathematics, statistics, finance or a related field.
  • Bilingual (French/English)
  • Familiarity or experience with group insurance benefits (through work experience, CEBS GBA designation or working towards it)
  • 3 to 4 years of relevant experience.
  • LLQP or equivalent based on Province


This is a New position.

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
Finance & Insurance
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ
MMC
* Ladders Estimates

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