Marsh McLennan

Senior Health & Benefits Consulting Analyst

Marsh McLennan$54K — $108K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent.
  • 0-3 years of experience in health & benefits preferred.
  • Ability to work independently and in a team environment under tight deadlines.
  • Strong time management skills for handling competing priorities.
  • Excellent organizational, verbal, and written communication skills.
  • Proficiency in Excel and familiarity with MS Office suite.

Responsibilities

  • Assist in gathering, organizing, and analyzing data for client projects using Excel.
  • Interpret utilization data from vendors via RFPs and summarize findings for client presentations.
  • Develop cost projections and evaluate vendor renewal proposals for client meetings.
  • Manage quality and timeliness of client deliverables, supporting project management efforts.
  • Collect and analyze design data from clients and vendors affected by plan consolidations or marketing efforts.
  • Understand basic health products and tools, participating in training and learning from experienced colleagues.
  • Embrace AI and technology tools to enhance consulting and analysis work.

Benefits

  • Professional development opportunities and engaging work.
  • Supportive and inclusive company culture.
  • Access to a wide range of career opportunities within a global organization.
  • Health and welfare benefits, including tuition assistance.
  • 401K savings and retirement programs, plus employee assistance programs.
Full Job Description
Description:

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

As a Senior Health & Benefits Consulting Analyst, you will have the opportunity to enhance your industry knowledge, communication skills, project management skills, and consulting acumen. You will be challenged to deliver impactful solutions for some of the most innovative high-growth startups to Fortune 500 companies across all industries. Additionally, you will collaborate with senior consultants in the design, financing, pricing, and administration of client companies' health and welfare programs, all while working alongside some of the smartest people in the industry, pushing innovation and influencing outcomes for change.

We will count on you to:
  • Assist the consulting team in gathering, organizing, entering, and analyzing data using Excel spreadsheets to be used for various client projects; involves increased focus on analysis of results and managing portions of projects
  • Gather utilization or rate data from the vendors via a Request for Proposal (RFP); interpret the meaning of the data and summarize the responses from the RFP in Excel or PowerPoint format for presentation to the client
  • Develop cost projections and evaluation of vendor renewal workups; results are used as part of client meetings
  • Demonstrate project management and consulting skills such as managing the quality and timeliness of client deliverables; help to develop budget and billing reports; participate in calls and meetings with clients and vendors as appropriate; assist with the preparation and delivery of clear and concise communications and resolve most claim issues but can escalate more complex issues to senior consultants as needed
  • Gather design data from the client and current vendors needed for analyzing the impact of a client's consolidation and/or marketing of its healthcare plans; typically involves organizing plan design details and costs in Excel for further analysis by the team; responsibilities also include checking data for reasonableness and follow-up with vendors regarding missing or inaccurate data
  • Learn the basics of products, services and tools - gain an understanding of vendor/carrier markets, basic underwriting and financial skills, products, services and technical tools, and intranet resources and participate in training courses, online learning, or through learning from more experienced colleagues
  • Thrive and be motivated by an environment that embraces AI and technology-enabled tools


What you need to have:
  • Bachelor's degree or equivalent
  • 0-3 years of professional experience, preferably in health & benefits
  • Ability to work at a fast pace, both independently and in a team environment
  • Capacity to manage competing priorities with strong time management skills
  • Excellent organizational, interpersonal, verbal, and written communication skills
  • Proficiency in Excel and working knowledge of the MS Office suite


What makes you stand out?
  • Previous working experience with health plans and employee benefits
  • Desire to help make an impact on global and domestic health and wellbeing trends


Why join our team:
  • We help you be your best through professional development opportunities, interesting work and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients, and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.


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
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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