Health & Group Benefits Consultant
Milliman
- Brookfield, WI
- Permanent
- Full-time
- 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 administration, private exchanges, 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 national 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 appropriate private exchange, outsourced administration and 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.
- At least ten years of Health & Welfare consulting experience, with health and life 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.
- Willing to work remotely as well as in-office, if needed. The position can be located anywhere in the U.S. with access to a major airport.
- 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.
- 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.
- 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
- 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
- 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