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Brown & Brown · 14 hours ago

Benefits Consultant

Oak Brook, IL

Full-time

Onsite

Senior Level

$100K/yr - $150K/yr

5+ years exp

Brown & Brown is seeking a Benefits Consultant to join their growing team in Chicago, IL. The Senior Benefits Consultant will lead Employee Benefits account management and provide strategic guidance to clients, including day-to-day client interaction and oversight of service functions.

Insurance

Responsibilities

All responsibilities within the Account Manager & Financial Analyst career tracks

Development and execution of client benefit strategy

Independently advises clients on all areas of compliance

Intermediate level of compliance, benchmarking, renewal & marketing, reporting & analytics, and able to perform these functions with little guidance

Provide client utilization and financial reporting to Team Lead and to clients

Partners with Team Lead to lead client meetings and presentations

Partners with Team Lead to onboard new clients

Strong knowledge of and relationships with vendors

Delegates tasks, training and onboarding to Specialists as appropriate

Participates in market meetings, seminars and training programs as directed

Monitor monthly financials for clients including entry of data into client exhibits

Prepare and send monthly financial reports to clients with analysis of activity and large claim detail

Prepare basic financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc

Work with Team Lead to develop reporting requirements and any deviations or customizations in those reports

Assists Team Lead in preparing requests for proposals and renewals of benefits coverage

Qualification

Employee benefits expertiseFinancial analysisCompliance knowledgeMS Office SuiteMicrosoft ExcelAnalytical skillsCommunication skillsOrganizational skillsConfidentialityIndependent work

Required

Must obtain and maintain active Life/Accident and Health Insurance Agent License

Minimum of 4-year degree or equivalent work experience required

5+ years employee benefits experience with a thorough understanding and knowledge of employee benefits

1+ years financial experience

Proficient with MS Office Suite

Microsoft Excel – Strong to expert level skills

Strong analytical and critical thinking ability

Ability to maintain a high level of confidentiality

Excellent verbal and written communication skills

Ability to work independently

Detail oriented with excellent organizational skills

This position may require routine or periodic travel which may require the team member to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position