Consultant, Employee Health & Benefits, Private Equity

About the role

Marsh McLennan Agency (MMA) is hiring a Consultant for its Private Equity team in Boston-Huntington. The consultant is relied upon for broad knowledge of health and welfare plans and advises clients on benefit programs, identifies coverage gaps and helps them achieve their long-term strategy. The role involves building relationships with clients, carriers and vendors, and supporting Associate Consultants.

Key responsibilities

• Serve as a go-to resource for Associate Consultants and other team members
• Build and maintain relationships with vendor and carrier partners, and lead carrier negotiations when needed
• Own day-to-day client relationships and lead internal initiatives that improve client service
• Support, coach and direct Associate Consultants
• Develop and manage short- and long-term benefits strategies
• Take part in the RFP process from planning through evaluation and recommendations
• Manage renewals and implementation, and analyze benchmark and survey data to turn insights into recommendations
• Manage post-implementation activities and travel to client sites up to 20% of the time

Required profile

• Bachelor's degree; master's preferred
• 10+ years of insurance industry experience with medical, dental, life, STD, LTD and other benefit plans, including design, rate structures, funding options and compliance
• Life Accident & Health licensure or commitment to obtain it within 3 months of starting
• Excellent communication, presentation and writing skills

Required skills

• Health and welfare compliance (HIPAA, FMLA, COBRA, 5500, DOL)
• Understanding of underwriting and pricing levers across lines of coverage
• Advanced proficiency in Microsoft Office
• CEBS certification or other recognized designations preferred

What we offer

• Base salary of $92,400 to $172,100, plus possible performance-based incentives
• Health and welfare benefits, tuition assistance, 401K and retirement programs, and employee assistance programs
• Tuition reimbursement, generous time off, hybrid work, charitable contribution match and stock purchase opportunities