Employee Benefits Strategy Consultant

Marsh & McLennan Companies; London; Hybrid; GBP 50,000 - 80,000; Full time

Job summary

A prominent consulting firm in London is looking for an Employee Benefits Strategy Consultant to join their dynamic team. This hybrid role is centered on providing expert consulting services related to employee benefits programs. In this role, you will engage with clients, analyze their needs, and present innovative benefit solutions to align with their objectives. Candidates should have relevant consulting experience and possess strong communication skills, with a focus on delivering exceptional client service and strategic recommendations.

Benefits

Professional development opportunities

Inclusive culture

Flexible working arrangements

Qualifications

• Experience in Financial, Healthcare, Protection, or Lifestyle Employee Benefits.
• Excellent interpersonal and communication skills.
• Capacity to manage and deliver in high-pressure environments.

Responsibilities

• Collaborate closely with clients to implement changes in benefits programs.
• Provide insights and recommendations on benefits program design.
• Lead and write benefits strategy reports.

Skills

Consulting

Relationship Management

Communication

Financial Acumen

Negotiation

Education

Relevant consulting business experience

Tools

Microsoft Office

Job description

We are seeking a talented individual to join our Benefits Strategy Consulting team at Mercer. This role will be based in London and is a hybrid role that has a requirement of working at least three days a week in the office.

As an Employee Benefits Strategy Consultant, you will play a crucial role in delivering strategic consulting services to our clients. You will work closely with clients to understand their employee benefits programs and provide expert insights and recommendations on all aspects of employee benefits program design. Your primary responsibility will be to deliver strategic and management consulting employee benefit projects, aligning with client requirements and objectives.

You will be part of a great team of people, with flexible working arrangements and a competitive salary. Collaborate with colleagues across the wider business and be part of an exciting, fast-growing team that enables you to bring out the best in yourself.

We will count on you to:

• Collaborate closely with clients to implement major changes in their benefits programs
• Engage with key stakeholders on a wide range of employee benefits, including Health, Risk, Pensions, Lifestyle and Culture.
• Provide expert insight and strategic recommendations on benefits program design.
• Work in partnership with Senior Consultants and independently executing strategic and management consulting projects aligned with client requirements, utilising services such as benchmarking, workforce profiling, engagement, benefit alignment, DEI lens reviews, sustainability, market research, provider reviews etc.
• Develop and present customised benefit programme solutions to clients, taking into account their budget, employee demographics, and desired outcomes.
• Support Senior Consultants and Team Leader in creating content relevant for conducting strategy workshops, roundtable sessions, and thought leadership discussions with clients.
• Lead and write benefits strategy reports, preparing sales proposals, service schedules, and attend client meetings, including pre-sales meetings.
• Deliver Flexible Benefits account management services, supporting and renewal existing and new flex clients.
• Promote Benefits Strategy solutions and collaborate within MMB and the wider MMC group,
• Assist the Team Leader in enhancing the Benefits Strategy proposition, revenue delivery, and proactive portfolio governance.
• Collaborate, learn from, and contribute to the development of other associate team members as needed

What you need to have:

• Relevant consulting business experience in either Financial, Healthcare, Protection or Lifestyle Employee Benefits.
• Financial and commercial acumen, including fee negotiation skills.
• Proven consulting and relationship management skills.
• Solid technical, product, and process knowledge.
• Achievement and growth mind-set.
• Excellent interpersonal, communication, and time management skills.
• Track record of collaboration
• Ability to deliver in high-pressure and fast-paced environments.
• Working knowledge of Microsoft Office suite.

What makes you stand out:

• Self-driven and highly motivated, demonstrating a growth mind-set and a proactive approach to achieving goals.
• Excellent written and verbal communication skills, with the ability to effectively convey ideas and build relationships.
• Strong attention to detail and organizational skills, ensuring accuracy and efficiency in all tasks.
• Independent thinker, capable of taking initiative and finding innovative solutions.
• Desire to provide exceptional client service, going above and beyond to meet client needs and exceed expectations.
• Eagerness to grow personally and professionally, embracing new challenges and opportunities for development.
• Demonstrates a proactive attitude, actively seeking out opportunities and taking ownership of their own success.
• Effective Team player with the ability to deliver collaborative solutions where needed

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.

Company:

Mercer

Description:

We are seeking a talented individual to join our Benefits Strategy Consulting team at Mercer. This role will be based in London and is a hybrid role that has a requirement of working at least three days a week in the office.

As an Employee Benefits Strategy Consultant, you will play a crucial role in delivering strategic consulting services to our clients. You will work closely with clients to understand their employee benefits programs and provide expert insights and recommendations on all aspects of employee benefits program design. Your primary responsibility will be to deliver strategic and management consulting employee benefit projects, aligning with client requirements and objectives.

You will be part of a great team of people, with flexible working arrangements and a competitive salary. Collaborate with colleagues across the wider business and be part of an exciting, fast-growing team that enables you to bring out the best in yourself.

We will count on you to:

• Collaborate closely with clients to implement major changes in their benefits programs
• Engage with key stakeholders on a wide range of employee benefits, including Health, Risk, Pensions, Lifestyle and Culture.
• Provide expert insight and strategic recommendations on benefits program design.
• Work in partnership with Senior Consultants and independently executing strategic and management consulting projects aligned with client requirements, utilising services such as benchmarking, workforce profiling, engagement, benefit alignment, DEI lens reviews, sustainability, market research, provider reviews etc.
• Develop and present customised benefit programme solutions to clients, taking into account their budget, employee demographics, and desired outcomes.
• Support Senior Consultants and Team Leader in creating content relevant for conducting strategy workshops, roundtable sessions, and thought leadership discussions with clients.
• Lead and write benefits strategy reports, preparing sales proposals, service schedules, and attend client meetings, including pre-sales meetings.
• Deliver Flexible Benefits account management services, supporting and renewal existing and new flex clients.
• Promote Benefits Strategy solutions and collaborate within MMB and the wider MMC group,
• Assist the Team Leader in enhancing the Benefits Strategy proposition, revenue delivery, and proactive portfolio governance.
• Collaborate, learn from, and contribute to the development of other associate team members as needed

What you need to have:

• Relevant consulting business experience in either Financial, Healthcare, Protection or Lifestyle Employee Benefits.
• Financial and commercial acumen, including fee negotiation skills.
• Proven consulting and relationship management skills.
• Solid technical, product, and process knowledge.
• Achievement and growth mind-set.
• Excellent interpersonal, communication, and time management skills.
• Track record of collaboration
• Ability to deliver in high-pressure and fast-paced environments.
• Working knowledge of Microsoft Office suite.

What makes you stand out:

• Self-driven and highly motivated, demonstrating a growth mind-set and a proactive approach to achieving goals.
• Excellent written and verbal communication skills, with the ability to effectively convey ideas and build relationships.
• Strong attention to detail and organizational skills, ensuring accuracy and efficiency in all tasks.
• Independent thinker, capable of taking initiative and finding innovative solutions.
• Desire to provide exceptional client service, going above and beyond to meet client needs and exceed expectations.
• Eagerness to grow personally and professionally, embracing new challenges and opportunities for development.
• Demonstrates a proactive attitude, actively seeking out opportunities and taking ownership of their own success.
• Effective Team player with the ability to deliver collaborative solutions where needed

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.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [e-mail] McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

About the company

Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.

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