Stop Loss Consultant

Marsh McLennan Agency's East Region is a leader in the employee benefits marketplace. Our associates simplify employee health and welfare benefits and risk management for regional, national, Fortune 500 and Fortune 1000 companies. We value integrity, collaboration, passion, innovation, and accountability, and we are committed to making a difference in the moments that matter for our colleagues, clients, and communities. BRIEF DESCRIPTION The Stop Loss Consultant role is tasked with supporting and helping to grow the Center of Excellence for Stop Loss. The primary role of is to work with the Account and Underwriting Teams, exercising discretion and independent judgment, providing financial analysis and utilizing modeling tools to evaluate benefit programs and their impact on overall business objectives, including the management and control of client risks and losses. ESSENTIAL DUTIES AND RESPONSIBILITIES include, but are not limited, to the following: 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 ag To view the full job description please use the link below. https://www.aplitrak.com/?adid=YmJnZW5lcmljLjYwNjQwLjEwODY1QG1tY2NvbXAuYXBsaXRyYWsuY29t