Marsh McLennan

Senior Health & Benefits Consulting Analyst

Marsh McLennan • $54K — $108K *
Chicago, IL 60629Hybrid
Healthcare
Less than 5 years of experience
Yesterday
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a relevant field
  • 0-3 years of experience in health industry or HR, including internships
  • Strong quantitative analytical skills
  • Excellent organizational and communication abilities
  • Ability to multitask and manage time effectively
  • Capacity for independent thought and teamwork
  • Proficiency in Microsoft Office (Word, Excel, PowerPoint)

Responsibilities

  • Support consulting team with data gathering and analysis using Excel
  • Interpret vendor offerings and financial proposals for RFPs
  • Develop cost projections and evaluate vendor renewals for client discussions
  • Manage quality and timeliness of deliverables and assist in client interactions
  • Build knowledge of insurance products, vendor markets, and financial concepts

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 Marsh People & Investments (formerly known as Mercer). This role can be based in Chicago and offers a hybrid work arrangement, requiring a minimum of three days per week either in the office or at a client site.

As a Senior Health & Benefits Consulting Analyst, you will work closely with the team in the strategy, design, implementation, and administration of client companies' health and welfare programs. Managing the RFP process, crafting client communications, and collaborating with internal teams and external carriers will be key to driving successful outcomes. This is great opportunity to build strong client relationships while gaining deep expertise in health and group benefits!

We will count on you to:
  • Support the consulting team by gathering, organizing, entering, and analyzing data in Excel for client projects, with an emphasis on results analysis and project management
  • Collect and interpret vendor network offerings and financial proposals via RFPs, summarizing findings in Excel or PowerPoint for client presentations
  • Develop cost projections and vendor renewal evaluations to inform client meetings
  • Manage the quality and timeliness of client deliverables, assist with budget reports, participate in client and vendor calls, prepare clear communications, and resolve most issues, escalating complex matters as needed
  • Build foundational knowledge of products, services, vendor markets, underwriting, financial skills, and technical tools through training, online courses, and mentorship


What you need to have:
  • Bachelor's degree
  • 0-3 years of experience in the health industry or HR; professional internship experience at the minimum
  • Demonstrated quantitative analytical skills
  • Strong business acumen paired with intellectual curiosity
  • Excellent organizational, interpersonal, verbal, and written communication skills
  • Capacity to multitask, manage competing priorities with strong time management skills
  • Ability to exercise independent thinking
  • Ability to work at a fast pace, both independently and in a team environment
  • Proficiency using Microsoft Office - Word, Excel, and PowerPoint


What makes you stand out?
  • Prior experience with benefits, insurance, underwriting, and/or risk management
  • Advanced Excel skills; VLOOKUP and other formulas, pivot tables


The applicable base salary range for this role is $54,000 to $108,000.

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
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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