Senior Benefits Consultant (Insurance)

TL;DR

Senior Benefits Consultant (Insurance): Overseeing strategy, financial analysis, and benefit design for up-market clients with an accent on client retention and complex self-funded plan structures. Focus on developing renewal strategies, managing C-suite relationships, and ensuring compliance with legislation like HIPAA and ERISA.

Location: Hybrid (Chicago, IL / Rosemont)

Salary: $220,000 – $270,000

Company

A people-focused organization providing health, pharmacy, and diverse insurance solutions to over 100,000 employers.

What you will do

• Develop sophisticated benefit designs and renewal strategies to address complex client issues.
• Manage an up-market client portfolio (500+ employees) with a focus on self-funded plan structures.
• Collaborate with account management on pre-renewal strategy, RFP distribution, and open enrollment.
• Maintain accountability for revenue and profitability while ensuring high client satisfaction.
• Cultivate and maintain strong professional relationships with clients, carriers, and vendors.
• Ensure strict accuracy of client data in CRM and stay updated on insurance market trends.

Requirements

• 7+ years of benefits consulting experience.
• Valid life and health insurance license.
• Experience managing up-market clients with 500+ employees.
• Strong understanding of complex benefit plan design and funding strategies.
• Knowledge of compliance issues governed by HIPAA, ERISA, Tax Code SEC 125, and PPACA.
• Proficiency in Microsoft Excel and experience with database applications.

Nice to have

• Bachelor’s Degree.

Culture & Benefits

• Comprehensive health, wellbeing, and retirement financial benefits.
• Paid time off and robust learning and development programs.
• Reimbursement for job-related expenses per company policy.
• Inclusive work environment that celebrates diversity, equity, and inclusion.