Health & Benefits Associate/Consultant

Company:

Description:

We are seeking a talented individual to join our Health & Benefits team at Marsh People & Investments. This role will be based in Chicago 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

• 2+ years of 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

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 impact for 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 $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.