Health Financial Senior Consultant

Brown & Brown, Inc.; Minneapolis (MN); Hybrid; USD 120,000 - 150,000; Full time

Benefits offered by this job

Health benefits

401k

Employee tuition reimbursement

Student loan assistance

Mental health services

Paid time off

Holidays

Discounts

Job summary

Brown & Brown, Inc. in Minneapolis, MN is seeking a Health Financial Senior Consultant. You will support the sales team with financial analysis, plan design modeling, and client-ready financial deliverables, while presenting findings at client functions.

This role emphasizes data-driven decision making and strong Excel skills. The position requires at least 5 years of employee benefits financial experience, a relevant degree, and exceptional communication abilities.

Qualifications

• Bachelor's degree in Accounting/Finance/Business/Economics is required.
• 5+ years of employee benefits financial experience required.
• This is a client-facing role with presentations at client functions and meetings.
• Proficient with MS Office Suite; Excel at strong to expert level.
• Analytical and critical thinking ability is essential.
• Maintain confidentiality and communicate effectively, both verbally and in writing.
• Independent work with strong organizational skills and a sense of urgency.

Responsibilities

• Assist benefit consultants in servicing financial consulting needs for employee benefit clients.
• Evaluate financial and utilization metrics such as cost projections and plan design modeling.
• Provide monthly financial reports and ad-hoc analyses.
• Develop and present financial deliverables addressing client needs.
• Support data analytics development and client finalist presentations.
• Oversee monthly financial reports and large claim detail as needed.
• Remain up-to-date on compliance and regulations in benefits.

Skills

Financial underwriting

Renewal expertise

Marketing analytics

Financial reporting

Projections & modeling

Data demographics analysis

IBNR analysis

MS Office Suite

Analytical thinking

Confidentiality

Strong communication

Education

Bachelor's Degree in Accounting/Finance/Business/Economics

Tools

MS Office Suite

Microsoft Excel

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown is seeking a Health Financial Senior Consultant to join our growing team in Minneapolis, MN! The Health Financial Senior Consultant assists Benefit Consultants in servicing the financial consulting needs of the employee benefit clients. Utilizes technical knowledge to retain clients by providing financial expertise. Role includes evaluating financial and utilization metrics for clients including but not limited to cost projections, plan design modeling and monthly financial reports as well as assisting with other ad-hoc reports and analysis. This is a client-facing role that will include some involvement in presentations at client functions and meetings.

How You Will Contribute

Proficient to expert level financial/underwriting, renewal and marketing, as well as reporting, including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc. Work with team to develop and present financial deliverables that address current and future client needs and requests. Assist in development, review, and presentation of data analytics. Participate in prospective client finalist presentations to represent the Brown & Brown financial strategy and role expectation as part of the team. This may include performing demographic analysis, claims reviews, and other projects on prospective clients to assist Sales team in pursuit of prospect. Oversight of Financial Analysts monthly financial reports/client exhibits and large claim detail as needed. Maintains proficient/expert knowledge of compliance and regulations in the benefits arena. Performs miscellaneous duties and projects.

Licenses and Certifications

Active Life/Accident and Health Insurance Agent License - or must obtain within a year of employment

Skills & Experience to Be Successful

• Bachelor's Degree in Accounting/Finance/Business/Economics.
• 5+ years of employee benefits financial experience required.
• This is a client-facing role that will include some involvement in presentations at client functions and meetings.
• Proficient with MS Office Suite. Microsoft Excel - Strong to expert-level skills.
• Strong analytical and critical thinking ability.
• Ability to maintain a high level of confidentiality.
• Excellent verbal and written communication skills.
• Ability to work independently and exercise judgement.
• Detail-oriented with excellent organizational skills.
• Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements.

#LI-KM1 Pay Range $120,000 - $150,000 Annual The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, 'The Power to Be Yourself'. We think of ourselves as a team, so we have teammates - not employees, and leaders - not managers. Everything we do is about the greater 'WE' - never 'me'. While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission - always doing what is best for our customers.

Brown & Brown and its affiliates maintain an internal recruiting team responsible for filling open roles posted to the public. In certain situations, Brown & Brown may supplement its internal capabilities by engaging external recruiting vendors and employment agencies ("Recruiting Vendors"). Recruiting Vendors are not authorized to submit resumes, share candidate data, or directly or indirectly contact Brown & Brown employees to present candidates for employment opportunities. The only exception applies to Recruiting Vendors with an active Valid Agreement (as defined below) that has been approved by Brown & Brown. In accordance with this policy, and to ensure appropriate authorization for sharing candidate personal information, Brown & Brown will not accept unsolicited resumes from any source other than Authorized Recruiting Vendors with a Valid Agreement in place who have been expressly invited to support a specific role. Any unsolicited resumes, incomplete submissions, or candidate data received through any means (including email or otherwise) will be considered the property of Brown & Brown. Brown & Brown will not pay any placement or related fees for unsolicited submissions or candidate data provided in violation of this policy. Such submissions may be used by Brown & Brown without any obligation to pay fees of any kind to Recruiting Vendors. A Valid Agreement is defined as a written contract signed by an authorized representative of Brown & Brown. In the absence of a Valid Agreement, Brown & Brown assumes no liability under any legal theory, including but not limited to breach of contract, breach of implied contract, tortious interference, quantum meruit, any/or any other contractual or equitable claims in connection with candidates identified through unsolicited submissions made in violation of this policy.