Lead Health & Benefits Consultant

Marsh Agency; Chicago (IL); Hybrid; USD 115,000 - 230,000; Full time

Benefits offered by this job

Hybrid work model

Tuition assistance

401K savings

Employee assistance programs

Job summary

Marsh is seeking a Lead Health & Benefits Consultant to join our Health & Benefits team in Chicago. This hybrid role requires in-office presence at least three days per week as part of our People and Investments business.

You will manage and advise client accounts for employers 2000+ lives on medical, dental, life, and disability plans, negotiating with carriers and vendors to secure coverage. You’ll lead strategic account management, renewals, and complex design studies.

Qualifications

• BA/BS degree.
• Minimum of 8 years of experience in identifying, designing, recommending, and implementing efficient, innovative business solutions to clients' complex healthcare benefits challenges.
• Life & Health License.

Responsibilities

• Lead complex client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewals, benchmarking and other studies.
• Develop sophisticated benefits design and renewal strategies, driving creation of tools and solutions for complex client issues.
• Determine the full scope of services provided to clients and set roles/responsibilities within the client team.
• Effectively communicate Marsh's position on industry trends to clients.
• Be accountable for revenue and profitability for client accounts and projects.
• Monitor project success in terms of scope, budget, timeliness, and client satisfaction.
• Generate sales by expanding revenues from existing clients and leading prospecting efforts with new clients.
• Set strategic direction and create demand for new products/services in the marketplace.
• Thrive in an environment that embraces AI and technology-enabled tools.

Skills

Client-facing experience

Analytical skills

Sales/marketing skills

Education

BA/BS degree

Job description

We are seeking a talented individual to join our Health & Benefits team, part of our People and Investments business at Marsh. This role will be based in Chicago, IL. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a Lead Health & Benefits Consultant, you will manage and advise client accounts for employers 2000+ lives regarding their medical, dental, life, and disability benefit plans and programs. You will negotiate with benefits carriers and vendors to secure health and welfare plan coverage, acting as the primary consultant and strategic account manager for our clients.

We Will Count On You To

• Lead complex client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewals, business placements, benchmarking, and other studies.
• Develop sophisticated benefits design and renewal strategies, driving the creation of tools and solutions to address complex client issues.
• Determine the full scope of services provided to clients and set roles/responsibilities within the client team.
• Effectively communicate Marsh's position on the latest industry trends to clients.
• Be accountable for revenue and profitability for client accounts and projects.
• Monitor project success in terms of scope, budget, timeliness, and client satisfaction.
• Generate sales by expanding revenues from existing clients and leading prospecting efforts with new clients.
• Set strategic direction and create demand for new products/services in the marketplace.
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools.

What You Need To Have

• BA/BS degree.
• Minimum of 8 years of experience in identifying, designing, recommending, and implementing efficient, innovative business solutions to clients' complex healthcare benefits challenges.
• Renowned expertise and industry reputation in the health & benefits field.
• Client-facing experience in a consulting environment.
• Life & Health License

What Makes You Stand Out

• Strong, innovative sales and marketing skills, with the ability to effectively market organizational strengths.
• Superior analytical and mathematical skills, along with strategic planning, communication, and listening skills.
• Proven management skills in leading large, complex projects.

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 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.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you require an accommodation during the application or interview process, please let us know by contacting [e-mail]

Marsh 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 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.

The applicable base salary range for this role is $115,200 to $230,400.

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.