Senior Consultant

Marsh McLennan Agency; New York (NY); Hybrid; USD 92,400 - 172,100; Full time

Benefits offered by this job

Hybrid work schedule

401(k) match

Tuition reimbursement

Job summary

Marsh McLennan Agency in New York is seeking a Senior Consultant to provide insight into health and welfare plans. This role involves managing client relationships, vendor negotiations, and project execution with a minimum of 10 years of insurance industry experience.

The position offers a hybrid work schedule, competitive salary range of $92,400 to $172,100, and generous benefits that enhance colleague well-being and development.

Qualifications

• 10+ years in insurance industry with a thorough understanding of benefit plans.
• CEBS Certification or other industry recognized designations preferred.
• Life Accident & Health Licensure or commitment to achieving within 12 months.

Responsibilities

• Manage vendor negotiations with minimal Managing Consultant assistance.
• Develop and manage long and short range benefit strategies for clients.
• Coordinate, develop and execute project plans for client groups.

Skills

Extensive knowledge of health and welfare consulting

Excellent communication and presentation skills

Advanced proficiency in Microsoft Office suite

Ability to work effectively collaboratively

Education

Bachelor's Degree, Masters preferred

Tools

Health & Welfare compliance knowledge

Job description

Employee Benefits Senior Consultant

Our not-so-secret sauce. Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. The industry’s brightest talent drives our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as a Senior Consultant within our Employee Health & Benefits team here at MMA.

A day in the life

The Senior Consultant at Marsh McLennan Agency will be relied upon for insight and broad knowledge of health and welfare plans. The successful candidate will have passion around developing relationships with clients and colleagues alike, along with strong industry experience with the ability to fully understand clients’ benefit programs, identify gaps in coverage, listen and confidently advise clients on appropriate solutions enabling them to achieve their long-term strategy.

• Extensive knowledge of health and welfare consulting
• Act as a resource to Consultants and Associate Consultants
• Maintain strong vendor relationships
• Manage vendor negotiations with minimal Managing Consultant assistance
• Instills confidence at all levels of a client, from CEO down
• Manages direct client relationships with minimal MC or Producer assistance
• Leads internal initiatives
• Delegates and directs Associate Consultants and Consultants without MC assistance
• Coordinate, develop and execute project plans, as well as periodic presentations for specific client groups
• Develop and manage long and short range benefit strategies for clients, foster strong client relationships
• Manage RFP process
• Manage Renewal and Implementation processes
• Benchmark survey data for client plans, summarize and validate reviewed information
• Identify and understand negotiable elements of underwriting calculations for all lines of coverage; exercise peer group and/or management review in this process periodically
• Manage post-implementation process for all lines of coverage
• Travel to client sites required 20% of the time.

Our future colleague

We’d love to meet you if your professional track record includes these skills:

• Bachelor’s Degree, Masters preferred
• 10+ years in insurance industry experience with a thorough understanding of all benefit plans (medical, dental, life, STD, LTD, etc) design, rate structures, funding alternatives and compliance requirements.
• Excellent communication and presentation skills with advanced writing skills.
• Proficient in all areas of Health & Welfare compliance (i.e. HIPAA, FMLA, COBRA, 5500, DOL, etc).
• CEBS Certification or other industry recognized designations preferred.
• Life Accident & Health Licensure or commitment to achieving within 12 months of start date.
• Advanced proficiency in Microsoft Office suite programs
• Ability to work effectively and collaboratively with all levels of internal staff & management, external clients, prospects and vendors.
• Shared commitment to company values; Integrity, Collaboration Passion, Innovation, Accountability

Valuable Benefits

We value and respect the impact our colleagues make every day both inside and outside our organization. We’ve built a culture that promotes colleague well-being through robust benefit programs and resources, encourages professional and personal development, and celebrates opportunities to pursue the projects and causes that give colleagues fulfilment outside of work.

• Hybrid work schedule with 3 days in the office and 2 days from home
• Medical, dental and vision plans
• 401(k) match after one year
• Contribute toward student loan debt
• Generous paid time-off programs ensure you have time to recharge including vacation days, personal days, sick days, holidays, volunteer day and days for learning & development
• Tuition reimbursement and professional development opportunities
• Charitable contribution match programs
• Stock purchase opportunities

Salary and Compensation

The applicable base salary range for this role is $92,400 to $172,100. 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.

Equal Employment Opportunity

Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.