Senior Benefits Consultant

001 Brown & Brown, Inc; Minneapolis (MN); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Health Benefits: Medical/Rx, Dental, V

401k; ESPP; Student Loan Assistance;Tu

Mental Health & Wellness: Free Mental

Paid Time Off, Holidays, Discounts and

Job summary

Brown & Brown in Minneapolis, MN is seeking a Senior Benefits Consultant to lead client benefit strategies and renewal activity. You will act as the primary consultant for benefit marketing, finance reporting, and day-to-day client service, while expanding the account and mentoring team members.

The role requires a 4-year degree and 9+ years in employee benefits, with strong Excel skills and excellent communication. Travel may be required; leadership opportunities may arise.

Qualifications

• Bachelor’s degree or equivalent experience.
• 9+ years of employee benefits experience.
• 4+ years financial experience.
• Proficient in MS Excel; strong verbal and written communication.
• Ability to maintain a high level of confidentiality.
• Excellent verbal and written communication skills.
• Strong analytical and critical thinking ability.
• Ability to work independently and pay attention to detail.
• Degree in Business Administration, Insurance, Risk Management, or related field.

Responsibilities

• Act as the primary consultant for benefits marketing and renewals, and daily service functions.
• Develop and manage client block of business and pursue revenue opportunities.
• Assist in managing Account Team and serve as a resource to the department.
• Fully manage book of business, retention and growth.
• Develop and execute client benefit strategy.
• Advise clients on compliance matters with high proficiency.
• Prepare monthly financial reports and provide analysis to clients.
• Lead client meetings, presentations and onboarding newer clients.
• Provide guidance and training to Consultants/Account Managers/Analysts.
• May assume Team Leader responsibilities and other duties as assigned.

Job description

Senior Benefits Consultant

Location: Minneapolis, MN.

Responsibilities

• To act as the primary contact in the consulting capacity, to administer client benefit marketing and renewals, and daily service functions.
• To develop and manage client block of business and pursue additional revenue opportunities with Relationship Manager.
• To assist in the management of Account Team and to act as a resource to the department.
• Fully manage book of business, retention and growth.
• Development and execution of client benefit strategy.
• Independently advise clients on all areas of compliance.
• Proficient level of compliance, benchmarking, renewal & marketing, reporting & analytics, and able to perform these functions with little guidance.
• Strategic resource, financial strategy lead and client escalations.
• Monitor/prepare and review monthly financial reports, send to clients with analysis of activity and large claim detail.
• Prepare expert level financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR.
• Develop proficient level reporting requirements and any deviations or customizations in those reports.
• Leads client meetings, presentations and onboarding new clients.
• Participate in market meetings, seminars and training programs.
• Provide guidance/training to Consultants/Account Managers and Analysts.
• May become a Team Leader, managing other Consultants/Account Managers/Analysts, etc.
• Other duties as assigned.

Licenses and Certifications

Must obtain and maintain active Life/Accident and Health Insurance Agent License.

Skills & Experience

• Minimum of 4 year degree or equivalent work experience required.
• 9+ years employee benefits experience with a thorough understanding and knowledge of employee benefits.
• 4+ years financial experience.
• Proficient with MS Office Suite Microsoft Excel – Strong to expert level skills required.
• Ability to maintain a high level of confidentiality.
• Excellent verbal and written communication skills.
• Strong analytical and critical thinking ability.
• Ability to work independently.
• Detail oriented with excellent organizational skills.
• A college degree in Business Administration, Insurance, Risk Management, or a related field, or an equivalent qualification.

Travel

This position may require routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position.

Pay Range

$110,000 - $150,000 Annual

Benefits

• 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.

Equal Opportunity Employer

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”.

Company Culture

We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. 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.