Hilb Group · 2 months ago
Senior Benefits Consultant, Labor & Union Sector
United States
Full-time
Remote
Senior Level
7+ years expHilb Group is seeking a motivated and ambitious Senior Benefits Consultant, Labor & Union Sector to join their team. This role involves leading negotiations and conducting financial analyses to support clients' health and welfare benefits programs.
Customer ServiceFinancial ServicesInsurance
Responsibilities
Lead renewal negotiations with all core health and welfare carriers (as applicable)
Conduct comprehensive financial and utilization analysis to support negotiations
Calculate COBRA rates and Retiree Medical Rates for pre- and post-65 plans in conjunction with actuarial resources
Perform underwriting and modeling for retiree contributions in conjunction with underwriting and actuarial resources
Prepare formal responses to auditor letters and ensure compliance with FASB ASC 965-30 in conjunction with compliance resources
Collaborate with actuaries on reserve liability disclosures and valuations
Participate in and assist in oversite of compliance (1094/1095, PCORI, etc.), wellness and DOL audits for assigned clients
Analyze cost-benefit scenarios for potential clinic closures and alternative dental plan options
Attend Trustee Meetings and Union Meetings (may require some non-business hours’ time slots)
Engage in regular meetings/calls with the Local President(s) and Executive Director(s)
Develop custom employer rates for union negotiations in conjunction with actuarial resources
Actively participate in client strategy discussions and provide strategic analysis and consulting expertise for clients’ benefit programs
Manage client benefits program implementation and the annual client benefits renewal process
Manage and facilitate client escalations for your clients and your cohort’s clients
Qualification
Required
7+ years of experience working in carrier or broker related environment – specifically in the labor and union space
Expertise in health & welfare fund management, actuarial concepts, and financial modeling
Ability to interpret and apply compliance standards (FASB ASC 965-30)
Ability to organize, prioritize and manage multiple clients
Detail oriented, resourceful – strong decision-making skills
Effective verbal and written communication – communication written up after every renewal meeting
Excellent interpersonal skills and client service skills
Ability to work autonomously and perform well under pressure
Ability to operate in a fast-paced environment
Project management skills are necessary to successfully plan, manage and execute deliverables
Proficient in Microsoft Office Suite
Preferred
Prefer candidate to reside in RI or MA
Benefits
Company Paid Life Insurance, Long-Term and Short-Term Disability.
Medical, Dental, Vision and FSA/HSA plans.
401(k) with company match.
Additional voluntary benefits including Critical Illness, Accident Insurance, Hospital Indemnity and Supplemental Life Insurance, Legal and Identity Protection, and Pet benefits.
Generous PTO.
An awesome team of professionals!
Company
Hilb Group
Partners Together - Endless Possibilities Hilb Group provides the resources of a big insurance broker and the attentive, personal service of a small agency.
1001-5000 employees
Funding
Current Stage
Late StageTotal Funding
$2B2024-10-31Debt Financing· $2B
2019-10-30Acquired
2015-06-25Private Equity
Leadership Team
Jason S. Angus
Chief Operating Officer
Recent News
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