Health & Welfare Benefits Consultant
Health & Welfare Benefits Consultant
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$ 85000 - 179000
1 Vacancy
Job Description
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. Youll 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
- Bachelors 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 $85000-$179000 per year.Placement in the range will vary based on job responsibilities and scope geographic location candidates 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.
Please be advised that Fidelitys business is governed by the provisions of the Securities Exchange Act of 1934 the Investment Advisers Act of 1940 the Investment Company Act of 1940 ERISA numerous state laws governing securities investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations including FINRA among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.
Fidelitys hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days M-F) in a Fidelity office.
Certifications:
Category:
ConsultingRequired Experience:
Contract
Employment Type
Full-Time
