Lead Health & Benefits Consultant
At a glance
Senior Compensation & Benefits role at Mmc. Chicago · full-time · $115,200–$230,400 base.
hrroles summary, based on the employer's posting.
What you'll do
- Guide complex employer benefit engagements, covering plan strategy, financial reviews, renewals, placements, benchmarking and related studies
- Shape medical and welfare plan designs and renewal approaches, building solutions for clients’ difficult benefits challenges
- Set the service scope and team responsibilities, then oversee delivery against budget, timing and client satisfaction
- Advise client accounts on medical, dental, life and disability plans while negotiating coverage with carriers and vendors
- Grow account revenue and pursue new clients while steering account profitability and demand for new services
What you bring
- A bachelor’s degree and at least eight years solving complex client healthcare-benefits challenges
- A Life and Health license, recognized expertise in health and benefits, and client-facing consulting experience
Who this fits
This senior consulting role suits someone comfortable leading complex client work, managing account economics and developing business. You’ll work from Chicago and need to be in the office or with clients at least three days each week.
From the employer
Company:
MercerDescription:
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 relationship 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.
#PIHBUS
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 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@marsh.com.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.