Benefits Consultant

Role Description

The Benefits Consultant is primarily responsible for retaining clients and their existing book of business. The consultant will oversee strategy, financial analysis, benefit design, plan renewals, benchmarking, and overall service delivery. They will also effectively communicate OneDigital’s value proposition and latest industry trends to active clients.

• 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 onboarding 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.
• Attends carrier events to remain up to date and knowledgeable of carrier plans and changes, as well as maintain strong relationships.
• Maintains a full understanding of the insurance markets, funding alternatives, networks, and benefit plan options.
• Ensures accuracy of client data in CRM.
• 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.

Qualifications

• 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.

Requirements

• Ability to influence and effectively interact with members of the C-suite.
• Strong attention to detail.
• Must be self-motivated and disciplined.
• Excellent written and verbal communication skills.
• Strong organizational skills.
• Ability to manage one's workload.
• Ability to thrive in fast-paced environment.

Benefits

• Your base pay is dependent upon your skills, education, qualifications, professional experience, and location.
• Some roles are eligible for variable compensation, commission, and/or annual bonus based on your individual performance and/or the company’s performance.
• 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.
• Employee perks and discounts.