Senior Benefits Consultant

📋 Description

• Develops advanced benefit design and renewal strategies while spearheading the creation of solutions to tackle intricate client challenges.

• Collaborates closely with the account management and/or client service teams on pre-renewal strategies, RFP distribution, SPRs, open enrollment strategies, and post-renewal analysis.

• Defines the comprehensive range of services to be offered to clients.

• Clearly sets and communicates timelines with the client service team(s) and keeps them informed of any changes and renewal updates.

• Holds accountability for the revenue and profitability of client accounts and projects while keeping all stakeholders informed.

• Evaluates the success of projects in terms of scope, budget, timelines, and client satisfaction.

• Manages the onboarding process for new clients by collaborating with client service team(s) to establish the implementation plan, team, and timeline.

• Ensures that client service team(s) surpass client expectations.

• Expands the client portfolio through cross-selling opportunities.

• Fosters and maintains robust relationships with clients and carriers.

• Establishes effective relationships with carriers/vendors to assist clients in benefits procurement and administration.

• Participates in carrier events to stay informed about carrier plans and changes, while also maintaining strong relationships.

• Maintains a thorough understanding of insurance markets, funding alternatives, networks, and benefit plan options.

• Ensures the accuracy of client data within the CRM.

• Remains well-informed on compliance matters governed by legislation and regulations affecting employer-sponsored health and welfare plans, such as HIPAA, ERISA, Tax Code SEC 125, PPACA, and state-sponsored health insurance exchanges.

⛳️ Requirements

• Minimum of 7 years of experience in benefits consulting, required.

• Bachelor’s Degree is preferred.

• Must possess current and comprehensive knowledge of Health Care Reform and health and ancillary insurance products.

• Practical knowledge of the quoting process and tools is essential.

• Proficiency in Microsoft Excel and familiarity with database applications is required.

• A valid life and health insurance license is mandatory.

🏝️ Benefits

• Health, wellbeing, retirement, and various financial benefits.

• Paid time off.

• Overtime pay for non-exempt employees.

• Comprehensive learning and development programs.

• Reimbursement for job-related expenses as per company policy.

• Employee perks and discounts.