Marsh McLennan

Sr. Principal Lead Health & Benefits Consultant

Marsh McLennan$150K — $225K *
Healthcare
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS degree required.
  • 12+ years of experience in health & benefits for large employers.
  • Recognized expertise in the health & benefits field.
  • Proven client-facing experience in a consulting role.
  • Valid Life & Health license.

Responsibilities

  • Lead strategic client engagements and service delivery.
  • Develop innovative benefits strategies to tackle client challenges.
  • Create methodologies and solutions for client needs and practice growth.
  • Define service scope and roles across client teams.
  • Communicate insights on industry trends to clients and stakeholders.
  • Own revenue and profitability for accounts, pursuing growth opportunities.
  • Track project success against key metrics.

Benefits

  • Play a central role in shaping the future of the H&B practice.
  • Access professional development and supportive leadership.
  • Join an inclusive culture that values collaboration and innovation.
  • Benefit from Mercer’s global resources and career mobility initiatives.
Full Job Description
Company:
Mercer

Description:

As a Sr. Principal Lead Health & Benefits Consultant, you will be a strategic partner to large-market employer clients (2,000+ lives), advising on medical, dental, life, and disability programs. You will act as the subject-matter expert, negotiate with carriers and vendors to secure health and welfare coverage, and serve as the primary consultant and relationship leader for your clients. A core part of this role is driving business growth — identifying opportunities, expanding client relationships, and shaping Mercer’s H&B offerings for the future.

Key responsibilities

  • Lead complex, strategic client engagements, overseeing service delivery, financial evaluations, plan design, renewals, placements, benchmarking, and targeted studies.
  • Develop innovative benefits design and renewal strategies that solve complex client challenges and differentiate Mercer in the market.
  • Create tools, methodologies, and scalable solutions to address client needs and support the practice’s growth.
  • Define the full scope of services for engagements and set clear roles and responsibilities across client teams.
  • Communicate Mercer’s strategic perspective on industry trends and emerging solutions to clients and internal stakeholders.
  • Own revenue and profitability for assigned accounts and projects; proactively identify and pursue growth opportunities.
  • Track project success against scope, budget, schedule, and client satisfaction metrics.
  • Generate new business by expanding existing client relationships and leading targeted prospecting and pursuit efforts.
  • Shape strategic direction and create demand for new products and services that advance Mercer’s H&B practice.

Qualifications

  • BA/BS degree required.
  • Minimum of 12+ years’ experience designing, recommending, and implementing creative, effective health & benefits solutions for large employers.
  • Recognized expertise and strong reputation in the health & benefits field.
  • Proven client-facing experience in a consulting environment.
  • Valid Life & Health license.

What will make you stand out

  • Demonstrated success in driving revenue growth and acquiring new business within health & benefits.
  • Strong, innovative sales and marketing skills with the ability to position Mercer’s capabilities and win in the marketplace.
  • Excellent analytical and quantitative skills, with experience using data to shape strategy and demonstrate impact.
  • Clear strategic thinking, superior communication, and active listening skills.
  • Proven leadership and project management experience delivering large, complex engagements and leading cross-functional teams.

Why join Mercer

  • Play a central role in growing a leading H&B practice and shaping its future direction.
  • Access meaningful professional development, challenging work, and supportive leaders committed to your growth.
  • Join an inclusive culture where collaboration and new ideas are encouraged and rewarded.
  • Benefit from Mercer’s global scale and the career mobility, benefits, and resources that support personal and professional well‑being.

The applicable base salary range for this role is $150,000 to $225,500.

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.

#MERHBUS

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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