The consultant will oversee strategy, financial analysis, benefit design, plan renewals, bench marking, and overall service delivery.
Develops sophisticated benefit design and renewal strategies and drives the development of solutions to address complex client issues.
Works closely with account management and/or client service teams on pre-renewal strategy, RFP distribution, SPR’s, open enrollment strategy and post renewal analysis.
Determines the full scope of services to be provided to client.
Clearly establishes and communicates timelines with the client service team(s) and keeps them apprised of changes and renewal updates.
Maintains accountability for revenue and profitability for client accounts and projects and keeps all involved parties up to date.
Monitors the success of projects in terms of scope, budget, timeliness and client satisfaction.
Oversees the on-boarding of new clients by working collaboratively with client service team(s) to establish the implementation plan, team and timeline.
Ensures client service team(s) exceeds client expectations.
Grows book through cross-selling opportunities.
Cultivates and maintains strong relationships with clients and carriers.
Establishes effective carrier/vendor relationships to serve clients in benefits procurement and administration.
Remains fully knowledgeable on compliance issues governed by legislation and regulations impacting employer sponsored health and welfare plans such as HIPAA, ERISA, Tax Code SEC 125, PPACA and state sponsored health insurance exchanges.
Requirements
3+ years’ of benefits consulting experience, required
Bachelor’s Degree, preferred
Must be up to date and knowledgeable on Health Care Reform and health and ancillary insurance products
Must have a practical knowledge of quoting process and tools
Must be proficient in Microsoft Excel and familiar with database applications
Valid life and health insurance license, required
Benefits
health, wellbeing, retirement, and other financial benefits
paid time off
overtime pay for non-exempt employees
robust learning and development programs
reimbursement of job-related expenses per the company policy
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