Life, Absence & Disability (LAD) Consultant - Center of Excellence

  • Marsh and McLennan
  • Minneapolis, MN, United States

Job Description

Mercer is recruiting for an experienced Life, Absence & Disability (LAD) Consultant, based in Minneapolis, MN, to work in their quickly growing Center of Excellence (COE).

Life, Absence & Disability Consultant - COE

What can you expect?

  • The LAD COE Consultant will work on consulting engagements in supporting employers, primarily with their absence programs which include long term disability (LTD) , short term disability (STD), family & medical leave act (FMLA) and other solutions 
  • Negotiate with benefits carriers and vendors to secure plan coverage for these employers
  • Work with colleagues on client engagements, including supporting the overall delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking and other studies
  • Leverage Mercer's size and reputation to negotiate highly competitive rates and coverage options from carriers and vendors

What’s in it for you?

  • As the global leader in health and benefits, you will work with some of the biggest and most prestigious companies you know and love, delivering innovative solutions that provides solutions for our clients and their employees
  • You’ll be part of a firm that is well-respected and work for an organization that has been named by Vault.com as the #1 Human Resources consulting firm 16 consecutive years in a row
  • We help you reach your full potential, while offering a culture and resources that support your wellbeing and career development
  • A dynamic, collaborative and inclusive culture, where diversity is embraced
  • The opportunity to network, share views, and learn from others by getting involved with our Business Resource Groups: PRIDE, Women@Mercer, Racial & Ethnic Diversity and Rising Professionals Network
  • The chance to make a positive difference in your local community by using your paid time off to volunteer through events organized by Mercer Cares, our community outreach and volunteerism BRG
  • Substantial variety of virtual learning and development resources to support your personal and professional growth

We will count on you to:

  • Support financial analysis and review: including underwriting, data analytics, and partnership with actuaries to support funding analysis
  • Project management, managing the quality and timeliness of deliverables and delegates to and reviews project work of more junior colleagues
  • Manage marketing and renewal projects from initial kick off to delivering marketing results/renewal results to the internal Mercer client team including ongoing follow up requests
  • Involved with the preparation, completion of peer review process and delivery of clear and concise client-friendly communications
  • Work directly with internal Mercer consulting team and manages the request for proposal (RFP) process and renewals with insurance carriers
  • Analyzes and interprets the results, edits and finalizes the executive summary report, and send this report to the client.
  • Establish & build necessary carrier/vendor relationships with appropriate contacts

What you need to have:

  • At least 5 years of Life, Accident & Disability Insurance or related experience – underwriting preferred
  • Ability to project manage high volume of work with LAD COE team members, H&B Mercer Consultants, core LAD Consultants and carrier partners
  • Ability to manage expectations and timelines as they change and evolve
  • Negotiate marketing and renewal results directly with carriers
  • Knowledge of Life/AD&D/STD/LTD/LOA plan provisions, contracts, and risk management
  • Advanced Microsoft Office skills – ability to manipulate large volumes of data and macro enabled workbooks in Excel, and PowerPoint
  • BA or BS required

What makes you a stand out?

  • Superior analytical and mathematical skills, planning, communication, and listening skills
  • Underwriting or financial analysis a strong plus
  • You are naturally curious and are comfortable asking “why?” You act with a sense of urgency - demonstrating a proactive disposition and a “self-starter” mentality
  • Be comfortable juggling shifting priorities, clarifying ambiguity, and navigating uncertainty
  • Ability to draw upon market dynamics, trends, and knowledge of the customer to provide strategic advice
  • Strong communication skills – ability to deliver positive and negative messages, along with project transparency
  • Excellent interpersonal skills; strong oral and written communication skills Ability to prioritize and handle multiple tasks in a demanding work environment 

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 76,000 colleagues and annual revenue of $17 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 https://www.me.mercer.com/. Follow Mercer on Twitter @Mercer.

Marsh & McLennan Companies and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers

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