Health & Benefits Financial Consultant

The Role

The Technical Consultant partners with client service teams to deliver accurate, insightful financial analysis and renewal deliverables to employee benefits clients. The individual independently manages the technical and financial side of fully insured, level-funded and self-funded clients, from data analysis and modeling through carrier negotiations and client presentations.

Key Responsibilities

Client and Account Management

• Independently manage the technical and financial work for fully insured, level-funded and self-funded clients
• Build strong relationships with client service teams, clients and carriers
• Participate in client and internal meetings, including strategy and renewal meetings

Analysis and Modeling

• Review and interpret client experience reports and demographic analyses, and turn them into clear insights
• Use the actuarial tools to evaluate funding alternatives, value plan design changes and project employee costs
• Model employee contribution strategies and other financial scenarios
• Use internal and external data analytics tools to form recommendations

Renewals and Negotiations

• Negotiate rates with carriers for large, self-funded and complex financial modeling clients
• Analyze and negotiate Pharmacy Benefit Management (PBM) and stop loss contracts when applicable
• Prepare, finalize and present client renewal deliverables

Team and Professional Development

• Share knowledge and skills with team members; help train and give feedback
• Represent the company at external seminars for education, professional development and industry networking
• Other duties and special projects as assigned

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
 

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