Mercer Health & Benefits, LLC is seeking candidates for the following full-time position based in the New York, NY office (A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with company policies.):
Health & Benefits Consultant
We will count on you to:
Work directly with the client and manage the request for proposal (RFP) process with health insurance carriers and internal analysts. Collect and review analyst's compilation of health benefits information from a variety of sources (such as hard files, electronic files, client, and carriers), responses from carriers, and data in a template (customization depends on client plan types, funding, rate structure, etc.), and review transparency documents. Establish necessary carrier/vendor relationships with appropriate contacts to serve clients in handling all insurance administration (eligibility, claims, billing, plan implementation, contracts, plan changes and necessary amendments). Support financial analysis and review: including underwriting, data analytics, and partnership with actuaries to support funding analysis. Provide financial, contract and/or administrative analysis, and manage portions of projects, including ad-hoc client requests of problem solving on administrative and operations issues. Contribute as a member of the consulting team in developing overall client strategy, interpret and present benchmark data to client, and ensure insurance plan and program changes are properly implemented to embody client's strategy. Manage projects, including the quality and timeliness of deliverables and delegate to and review project work of more junior colleagues. Manage internal specialty resources ensuring client deliverables meet client's goals and deadlines. Assist with the preparation and completion of peer review process and delivery of clear and concise client-friendly communications. Ensure compliance with professional standards including use of templates, client calendar, peer review, and transparency. Peer review information, analyze and interpret results, edit and finalize executive summary reports, and send reports to clients. Participate in the development and delivery of employee communication materials for Open Enrollment webinars and in-person sessions, enhancing employee understanding of benefit offerings and supporting informed selection of suitable plans.
What you need to have:
Must have a Master’s degree or foreign equivalent in Business Analytics, Business Administration, Technology, or a related field plus one (1) year of experience in the position offered or a related position. Alternatively, employer will accept a Bachelor’s degree or foreign equivalent in Business Analytics, Business Administration, Technology, or a related field plus three (3) years of experience in the position offered or a related position. Must have one (1) year (or three [3] years with a Bachelor’s) of experience with all of the following: Analyzing, validating and manipulating large data sets in Excel to perform complex calculations; Managing group benefit projects and deliverables, including managing overall service delivery, financial evaluations and reviewing calculations of local actuaries and their daily activities; Developing and implementing quantitative cost-saving plan designs for multi-year health strategies; Communicating results of health plan long-term financial projections and strategizing on actionable methods to manage long term costs; Facilitating and leading onsite engagement sessions focused on the strategic implementation and optimization of complex employee benefit programs; Developing benchmarks for Health and Benefit plans in accordance with ERISA standard to help support diverse populations through the development of meaningful programs; Proactively monitoring and analyzing state and federal compliance regulations to ensure clients adhere to all legal obligations and mitigate potential risks.
The applicable base salary range for this role is $98,400 - $137,000 per year.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. 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.
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Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of 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 have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.
Marsh McLennan 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 McLennan 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.