Senior Health and Benefits Consultant- New York

Company: Mercer Description: Are you interested in being part of a world class, innovative benefit consulting organization? Then Mercer is the place for you. We have an exciting opportunity available for an experienced Senior Health & Benefits (H&B) Consultant supporting our NY office. What can you expect? The Senior Health Consultant will work collaboratively to lead consulting engagements with 500+ life employers regarding their medical, dental, life and disability benefit plans and programs and negotiate with benefits carriers and vendors to secure health and welfare plan coverage for these employers. The senior consultant will develop client strategies, interfacing directly with clients and developing vendor relationship What is in it for you? We are the global leader in health and benefits. We deliver innovative solutions that address the health and wellness needs of our clients and their employees. Work for a global company that embraces cultural diversity. Excellent growth/advancement opportunity. Help support diverse populations through the development of meaningful programs. We will count on you to: Participates or leads routine client engagements, including managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking and other projects associated with underwriting health and welfare insurance, brokering contracts or projecting health care related costs. Lead developing cost projections and evaluation of vendor renewal workups. Provide high level financial, contract and/or administrative analysis and review of the work of junior staff. Perform data analysis (example includes but is not limited to review claims and utilization data and look for trends and patterns); may involve use of the Mercer's internal financial tools to develop self-funded claims projections, set rates and model employee cost-sharing scenarios. Review internal compliance and client disclosure requirements, external vendor contracts, summary plan documents (SPD's) and employee communications to ensure alignment with client expectations and legal requirements. Handles day-to-day client contact/management to resolve project-related questions and challenges, and guide junior staff members in client interactions. Senior Health and Benefits Consultants Lead complex client engagements, including managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other studies. Assists in the development of sophisticated benefits design and renewal strategies and drives the creation of tools and solutions to address complex client issues. Determines the full scope of services provided to clients and sets roles and responsibilities within the client team. Is accountable for the revenue and profitability of client accounts and projects. Generates sales by expanding revenue from existing clients and leading prospecting efforts with new clients. Establishes effective carrier and vendor relationships to serve clients in benefits procurement and administration (eligibility, claims, billing, plan implementation, contracts, plan changes, and necessary amendments). Provides mentoring and coaching to direct reports and project team members. Delegates effectively to provide developmental opportunities to team members. What you need to have: BA/BS degree. 5+ years’ experience in identifying, designing, recommending and implementing efficient, innovative business solutions to clients' complex health care benefits challenges. Renowned expertise and industry reputation in the health & benefits field. What makes you stand out? Enthusiastic, innovative sales and marketing skills plus the ability to market organizational strengths successfully. Excellent analytical and mathematical skills, strategic planning, communication, and listening skills. Self-starter with the ability to collaborate and lead teams to deliver project objectives. Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 81,000 colleagues and annual revenue of $19 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit Follow Mercer on Twitter @Mercer. Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers. Mercer is a business of Marsh (NYSE: MRSH), 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 about Mercer, visit mercer.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 View email address on click.appcast.io. 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.