Senior Health & Benefits Consulting Analyst

Company:

Marsh

Description:

We are seeking a talented individual to join our Health team at Mercer, part of our People & Investments business at Marsh. This role will be based in Washington, DC and offers a hybrid work arrangement, requiring a minimum of three days per week in the office.

As a Senior Health & Benefits Consulting Analyst, you will have the opportunity to enhance your industry knowledge, communication skills, project management skills, and consulting acumen. You will be challenged to deliver impactful solutions for some of the most innovative high-growth startups to Fortune 500 companies across all industries. Additionally, you will collaborate with senior consultants in the design, financing, pricing, and administration of client companies’ health and welfare programs, all while working alongside some of the smartest people in the industry, pushing innovation and influencing outcomes for change.

We will count on you to:

• Assist the consulting team in gathering, organizing, entering, and analyzing data using Excel spreadsheets to be used for various client projects; involves increased focus on analysis of results and managing portions of projects
• Gather utilization or rate data from the vendors via a Request for Proposal (RFP); interpret the meaning of the data and summarize the responses from the RFP in Excel or PowerPoint format for presentation to the client
• Develop cost projections and evaluation of vendor renewal workups; results are used as part of client meetings
• Demonstrate project management and consulting skills such as managing the quality and timeliness of client deliverables; help to develop budget and billing reports; participate in calls and meetings with clients and vendors as appropriate; assist with the preparation and delivery of clear and concise communications and resolve most claim issues but can escalate more complex issues to senior consultants as needed
• Gather design data from the client and current vendors needed for analyzing the impact of a client's consolidation and/or marketing of its healthcare plans; typically involves organizing plan design details and costs in Excel for further analysis by the team; responsibilities also include checking data for reasonableness and follow-up with vendors regarding missing or inaccurate data
• Learn the basics of products, services and tools - gain an understanding of vendor/carrier markets, basic underwriting and financial skills, products, services and technical tools, and intranet resources and participate in training courses, online learning, or through learning from more experienced colleagues
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools

What you need to have: 

• Bachelor’s degree or equivalent
• 0-3 years of professional experience, preferably in health & benefits
• Ability to work at a fast pace, both independently and in a team environment
• Capacity to manage competing priorities with strong time management skills
• Excellent organizational, interpersonal, verbal, and written communication skills
• Proficiency in Excel and working knowledge of the MS Office suite

What makes you stand out?

• Previous working experience with health plans and employee benefits
• Desire to help make an impact on global and domestic health and wellbeing trends

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact on colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $54,000 to $108,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.