Benefits Consultant

About the role

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown is seeking a Benefits Consultant to join our growing team in Salt Lake City, UT!

Responsibilities

• Employee benefits account management responsibilities, including day-to-day client contact and assistance with daily service functions.
• Utilizes technical expertise to retain present clients.
• Administers marketing and renewal functions.
• Assists Team Lead in servicing the financial consulting needs of the employee benefit clients.
• Evaluates financial and utilization metrics for clients including but not limited to monthly financial reports, utilization metrics and benchmarks as well as assist with other ad hoc reports and analysis.
• 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.
• Maintains monthly financials for client including entry of data into client exhibits.
• Prepares and sends monthly financial reports to clients with analysis of activity and large claim detail.
• Prepares basic financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
• Works with Team Lead to develop reporting requirements and any deviations or customizations in those reports.
• Aids Team Lead in preparing requests for proposals and renewals of benefit coverages.
• Other duties may be assigned.

Requirements

• 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 required.
• Strong analytical and critical thinking ability.
• Excellent verbal and written communication skills.
• Detail oriented with excellent organizational skills.

Skills

• Ability to maintain a high level of confidentiality.
• Ability to work independently.

Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance.
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement.
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services.
• Teammate Benefits & Total Well-Being: Paid Time Off, Holidays, Preferred Partner Discounts and more.