Health & Group Benefits Consultant – EB Consulting

Health & Group Benefits Consultants are an integral part of the overall client management and client relationship function in Milliman’s Employee Benefits Consulting practice. The successful candidate will have at least ten years of Health & Welfare consulting experience, with a strong working knowledge of benefits design, delivery, vendor management, and strategy. This full-time, hybrid position will be part of a team supporting the delivery of consulting projects as well as maintaining existing and growing new client relationships. This position is primarily focused on the multiemployer employee benefits market serving plan of varying sizes and structures.

Milliman’s management has a history of rewarding performance and views this position as a vital piece of its ongoing strategy to solidify and grow long-term client relationships. This position offers the potential to operate as a business manager along with high visibility and unlimited career advancement.

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact and sustainability.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

What You Will Do

• Support health & group benefit Consulting Actuaries and manage large, complex client projects and relationships for select Health & Group Benefits clients.
• Provide senior level consulting support to clients, including plan design, benefit strategy, and vendor selection and management.
• Manage the marketing and vendor search process for all lines of coverage including (but not limited to) medical, PBM, dental, life/AD&D, disability, vision and reinsurance coverage.
• Leverage expertise and experience to build and strengthen relationships, representing the Practice with key customers, prospects, providers and other market stakeholders.
• Engage potential clients through personal contacts, marketing, presentations, conferences, networking and other methods.
• Develop and participate in strategic opportunities for the sale or cross-sell of consulting services to clients and prospects.
• Follow established Milliman protocol for tracking activity, project results and compliance with peer review standards.
• Establish and maintain strong working relationships with appropriate consultants within the Milliman group of practices.
• Establish and maintain strong working relationships with carrier / vendor partners.
• Participate in developing and making marketing presentations to new prospects.
• Regularly attend and present at conferences (both external and internal) to promote Milliman’s consulting services and educate prospective clients on the Practice capabilities.

What We Are Looking For

• At least ten years of Health & Welfare consulting experience, with health and life insurance license. Experience working with actuaries required.
• Bachelor’s degree
• Demonstrated success providing Health & Welfare consulting services.
• Current and relevant knowledge of legislation, market trends and issues affecting the Health & Welfare market.
• Thorough understanding of the marketing / vendor search process and the ability to manage the total process.
• Thorough understanding of medical, dental, life/AD&D, disability, vision, etc. coverage
• Thorough understanding of self-insurance and stop-loss coverage concepts.
• Understanding of various benefits administration technology, model and provider alternatives
• Strong communication skills (written and verbal) with an ability to present and manage presentations covering complex topics.
• Strong knowledge of Health & Welfare legal and regulatory framework, including COBRA regulation and 5500 filings.
• Effective time management skills to prioritize and organize multiple complex projects and balance long term goals with short term project requirements.
• Strong skills as a problem solver, including taking initiatives to complete necessary research and document the process used to reach conclusions.
• Travel required up to 35%.
• Able to work with time-sensitive material and meet multiple deadlines.
• Able to work independently while also contributing to team environment.

Personal Characteristics

Must demonstrate Milliman’s core values which include:

• Integrity – Must be honest, fair, active listener, open communicator and accountable.
• Teamwork – Work cooperatively and treat clients and coworkers with respect and dignity while valuing individual differences, encouraging new ideas and sharing information.
• Commitment to excellence – Demonstrate commitment to being creative, innovative, flexible and adaptable, focusing on quality solutions, continually improving and being a winner.
• High energy with effective poise and presence, self-motivated and relentlessly striving towards goals.
• Ability to work with a sense of urgency with strong customer service approach.

The Team

The EB Consulting practice provides actuarial and other consulting services for multiple industries, for actives and retirees and for Corporate, Public and Multiemployer Plans. This practice works with several key types of clients organized into the following seven lines of business:

• Corporate Pension Plans
• Multiemployer Pension Plans
• Public Pension Plans
• Other Postretirement Benefit Plans (Corporate, Multiemployer, and Public combined)
• Health and Group Benefits (Corporate, Multiemployer, and Public combined)
• Compensation and Benefits Surveys
• Investments

Location

This position is based out of one of Milliman ‘s office locations listed. Candidates hired into this role must be willing to work in-person in the Milliman office on a weekly basis, but flexible work arrangements will be considered for our hybrid environment.

Compensation

The salary range is $118,000 – $222,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.

Benefits

At Milliman, we focus on creating an environment that recognizes – and meets – the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:

• Medical, dental and vision coverage for employees and their dependents, including domestic partners
• A 401(k) plan with matching program, and profit-sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
• Commuter Program, which allows you to use pre-tax dollars to pay for your parking or public transit expenses to get to and from work. You may utilize this benefit any time throughout the year and funds will be available the first of the month following your first contribution
• A minimum of 8 paid holidays
• Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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