Employee Benefits Consultant

Senior Benefits Consultant, National AccountsCome join our team!There are many reasons why EPIC Insurance Brokers & Consultants has become one of the fastest-growing firms in the insurance industry. Fueled and driven by capable, committed people who share common beliefs and values and "bring it" every day, EPIC is always looking for people who have "the right stuff" – people who know what they want and aren't afraid to make it happen.Headquartered in New York City and founded in 2007, our company has over 4,000 employees nationwide. With locations spread out across the U.S., our local market knowledge and industry expertise helps support our clients' regional and global needs. We have grown very quickly since our founding, and we continue to see growth and success thanks to our hard-working and growth-minded employees.Our core values are: Owner mindset, Inspire trust, Think big, and Drive results. If these values and growth align with what you're looking for in your next career? Then consider joining our amazing team!LOCATION: This hybrid role can be located at any US-based EPIC Insurance Brokers office.WHAT YOU'LL DO:The Senior Consultant will be primarily responsible for:Client satisfaction, overall service delivery and relationship managementDevelop and present innovative and customized strategy solutions that optimize complex client's benefit programs and servicesSupport of business development opportunitiesMentoring Consultants and Associate ConsultantsThis includes vendor management for Health & Welfare vendors, leveraging data and analytics to develop short and long-term strategies, identification of actionable cost containment and quality improvement solutions, procurement project management, RFP management and implementation of vendors, products and services, and measurement and reporting on program outcomes.Strategy Development FunctionsSupport development and execution benefit program strategic initiatives for large, self-funded, complex clientsDevelop and implement cost containment strategies for medical, prescription drug and disability programsEvaluate services to optimize claim and utilization trends across the employee benefit ecosystemConduct opportunity analysis to identify critical strategic initiativesOrganize, develop content, and facilitate meetings with clientsCommunicate industry trends, benchmarks, emerging products and innovative vendors to clientsEvaluate new vendors for client considerationContribute to the process improvement and development of new internal strategic initiatives by ongoing collaboration with team membersEvaluate emerging local, state, and federal legislative changes to identify and advise clients of potential impact to their organizationClient Management FunctionsServe as lead relationship manager and primary contact for clients and their respective vendorsAct as project manager for all client initiatives, compliance deadlines, communication and annual benefit program deliverablesWork with the client and actuarial teams to ensure all client deliverables are executed timely and accuratelyDevelop and manage the annual calendar of key milestones and compliance deadlinesProactively communicate relevant local, state, and federal regulatory updates along with steps for adherence and potential collaboration with client's vendors to ensure complianceOngoing review and negotiation of vendor contracts and renewalsOngoing review of plan documents, summary plan descriptions and SBCs (Summary of Benefits and Coverage)Project management, procurement and implementation for benefit programs including but not limited to preparation, management, analysis, and subsequent presentation of all Request for Proposals for self-funded and fully insured benefit programsAnalyze health and welfare benefit plans through competitive benchmarking and valuation modelingManage escalated claim issue resolutionOversee 5500 filingsAssist in proofing, managing and delivering communication materials for annual enrollment and/or benefit related activitiesMaintain key documents and data in corporate filesPerform special projects as assignedPresent financial reports or other analyses, as neededDetermine client report content with Client TeamNew Business DevelopmentParticipate in new business activities, including assessment strategy development and meetings as requestedParticipate in development of strategic ideas and initiatives to leverage in new business activitiesAttend industry conferencesPersonal and Organizational DevelopmentSet priorities and manage workflow for self to ensure all goals are metInteract with others effectively utilizing superior communication skills, impactful collaboration, and providing information and guidance as needed to achieve the business goals of the CompanyMaintain a strong working knowledge of the employee group benefits industry, emerging marketplace product/program developments, legislation, and technologyProject a professional image in action and appearanceWHAT YOU'LL BRING:Bachelor's degree or equivalent educational training or business experience10+ years of experience, preferably in the insurance/employee benefits/HR areaIn-depth experience and knowledge of the Health & Welfare Industry, including but not limited to self-funded medical plans, carve-out prescription drug programs, self-fund dental, self-funded vision, absence management, and disability programs, life insurance, health improvement programs and tax advantaged accountsExperience managing large (2,000+ employees), self-funded group Health & Welfare clients in a consulting or brokerage environmentExperience with full-cycle Request for Proposal processExperience designing cost-effective benefit's plans for clientsExperience with implementing Health and Welfare benefit plans on behalf of clients or employee populationsInsurance licensing or ability to obtain licensing after employmentKSAs (Knowledge, Skills, Abilities)Superior oral, written and interpersonal communication skillsSuperior problem-solving skillsAble to adapt and work well with ambiguityAbility to create and execute project plansPersonal sense of accountabilityComfortable with completing and presenting data analysis for Health & Welfare plansStrong analytic skills with understanding of underwriting and self-funded plan financialsExperience leading multi-disciplinary teamsStrong organizational skillsAbility to concurrently manage multiple client projects and work assignments under aggressive timeframesEntrepreneurial attitudeWilling to be a part of a team unit and cooperate in the accomplishment of organizational goals and objectivesDetail-oriented and self-directed workerCreativity and flexibility are required. EPIC is a dynamic environment and requires a candidate that is comfortable facing new challenges.Microsoft Office Suite experience including large data setsAble to effectively interface with internal and external customers including executive level contactsAble to handle confidential information with maximum discretionAble to understand business principles and apply them accordinglyHigh-touch client orientationOpen and willing to receive and give constructive critiqueAble to train/coach and counsel others and provide peer reviewApproach projects in a financially responsible and resourceful mannerKnowledge of federal and state regulationsSpecial RequirementsFlexible to work outside normal working hoursTravel (as needed); overnight stay requiredCOMPENSATION:The national average salary for this role is $165,000.00 - $185,000.00 in base pay, exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, skills, training, certifications, and education, while also considering internal equity and market data.WHY EPIC:EPIC has over 60 offices