Health & Welfare Benefits Consultant

Job Description:

The Role

As an Employee Benefits Consultant focused on Health & Welfare Consulting, you will manage projects and client relationships spanning a variety of topics including, but not limited to plan design, compliance and reporting services, health plan underwriting and employee contribution setting, health and well-being management, and retiree health care solutions. You'll lead consulting projects, mentor other associates, and promote collaboration. Important skills for this role include:

• Analyzing and communicating data vital to client benefit programs
• Managing benefit plan renewal processes, including project management, vendor coordination, qualitative and quantitative analysis, negotiations, and documentation of results
• Developing H&W program pricing, budgets, forecasting, employee contributions and premium equivalent rates for self-insured benefit plans (adhering to actuarial standards of practices)
• Assisting in development of long- and short-term employee benefits strategy
• Negotiation of rates, contractual provisions, and performance guarantees with current benefit vendors
• Manage marketing analysis including RFP creation, proposal collection, and vendor comparisons
• Monitoring the market to remain current regarding the major health plans, administrators, and other vendors available in the marketplace to consulting clients and prospects, as well as new, innovative solutions
• Working as a cooperative, proactive team member in projects involving other associates throughout the practice, group, and region to deliver coordinated client results
• Mentoring less-experienced associates at every opportunity
• Sharing information freely and pro-actively. Keep other associates advised of current information, and ensure all relevant information is captured in client documents

The Expertise and Skills You Bring

• 5-10 years' experience working with H&W plan financials, preferably at a benefit consulting/brokerage firm or through a health underwriting/actuarial function at an insurance company
• Actuarial exam completion and/or accreditation strongly preferred
• Advanced knowledge of health insurance industry and employee benefits strategy
• Bachelor's degree or equivalent experience is required
• Strong Microsoft Office PC skills in Excel, Word, and PowerPoint
• Strong critical thinking and problem-solving skills, plus excellent communication skills
• Self-motivation and determination to succeed
• Strong project management skills and skill in balancing multiple projects in a fast-paced work environment

The Team

Our health and welfare consulting team at Fidelity provides a unique experience for candidates looking for an opportunity to grow their consulting career. Our value proposition to associates is centered on three important qualities:

1) We are passionate about the clients' needs. Our work is oriented to problem solving and not defined by products we can upsell to our clients. Simply put, we always do what is best for our clients.

2) We offer a fast-paced, vibrant work environment. All members of our teamwork with our most senior leaders daily, giving you an opportunity to learn from industry leaders with 20+ years of experience in H&W consulting.

3) Client exposure. We believe it is important for our associates to start working directly with our clients early in their careers to develop strong relationship skills. As such, we provide opportunities for all consultants to gain valuable client exposure and help us build lasting client relationships.

The base salary range for this position is $85,000-$179,000 per year.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Certifications:

Category:

Consulting