Marsh McLennan Agency · 2 days ago
Stop Loss Consultant
United States
Full-time
Remote
Entry, Mid Level
$82K/yr - $130K/yr
2+ years expMarsh McLennan Agency’s East Region is a leader in the employee benefits marketplace, and they are seeking a Stop Loss Consultant to support and promote the growth of the Stop Loss Center of Excellence. The role involves collaborating with Account and Underwriting Teams to provide financial analysis and evaluate benefit programs while managing client risks and losses.
Employee BenefitsHealth CareInsuranceRetirement
Responsibilities
Partner with carriers and internal teams to build and maintain schedules for client renewal and data collection to ensure consistent and timely receipt
Perform underwriting, financial, and risk analysis support for internal teams and their respective consulting clients
Responsible for clients’ benefits marketing process, such as: data acquisition, request for proposal (RFP) preparation, vendor question resolution, proposal review and analysis, and client exhibit and presentation preparation
Perform the analysis and negotiation of rates and plan options with insurers on behalf of clients to secure optimal, cost-competitive benefit plans
Validate renewals and proposals for accuracy
Work closely with MMA Agency contacts to help intake Stop Loss process but to also educate Agency on self-funding, stop loss and captives as appropriate
Coordinate with team member to understand Stop Loss RFP status and overall panel block positions
Update Leadership on identified trends in stop loss market including tracking DTQ rate, overall renewal positions and contractual concerns to be addressed as part of ongoing panel management conversations
Support MMA stop loss captives quoting process
Review RFP/Renewal results as requested by MMA East or local MMA Agency
Help support Stop Loss claims tracking process
Help compile the results of the annual Request for Information process of potential Stop Loss Panel participants to determine panel selection recommendations as well as suggested changes to overall agreement to obtain optimal concessions for the Center of Excellence
Experience and knowledge of other lines of coverage, such as Dental, Vision, Health Savings Accounts, Flexible Spending Accounts and COBRA Administration to build out a Center of Excellence Model including creation of detailed RFIs to complete market evaluation
Help review and provide best practice recommendations on current MMA East models and outputs including financial analysis, qualitative and quantitative analysis, disruption and discount analysis as needed for other lines of coverage
Maintain quality service standards and organization to assure timely service to MMA East and MMA Agency teams
Remain abreast of the dynamic, competitive insurance environment, new and complex insurance initiatives, appropriate data analysis techniques and constantly changing legislation that governs business
Support other initiatives of the Strategic Initiatives Division and Underwriting Team as needed
Qualification
Required
Bachelor's Degree in Risk Management & Insurance, Actuarial Science, Mathematics and/or other related field is preferred or equivalent experience is required
Minimum of two years prior work experience in the Benefits Brokerage, Consulting, or Insurance industry
Strong background in self-funding, stop loss underwriting required
Strong organizational, analytical skills and strong attention to detail
Excellent troubleshooting, decision making and problem solving skills
Proven ability to support multiple projects simultaneously with attention to detail and process
Ability to multi-task and work in a fast-paced environment
Excellent verbal and written communication skills
Ability to prioritize projects and meet deadlines
Ability to follow through on and successfully execute tasks while adhering to specified quality standards
Must be able to effectively interact with people internal and external customers
Intermediate knowledge of MS Office Suite (Word, Excel, Access, Outlook), working knowledge of pivot tables
Benefits
Health and welfare benefits
Tuition assistance
401K savings and other retirement programs
Employee assistance programs
Company
Marsh McLennan Agency
Marsh McLennan is an insurance company that provides business insurance, employee benefits, and private client insurance solutions. It is a sub-organization of Marsh & McLennan.
10001+ employees
H1B Sponsorship
Marsh McLennan Agency has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2023 (2)
2022 (2)
2021 (2)
2020 (4)
Funding
Current Stage
Late StageLeadership Team
Ben Newman
Chief Financial Officer
Michael Harris
COO
Recent News
2025-12-09
2025-12-01
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