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Senior Global Benefits Financing Consultant

3 months ago

New York, New York, United States Mercer Full time

At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We're in the business of creating exciting and rewarding futures for our clients and their employees — whether we're designing affordable health plans, securing finances for retirement or aligning employees with workforce strategy. Capitalizing on analysis and insights as catalysts for change, we anticipate and understand the impact of business decisions, now and in the future. Our holistic view and deep expertise allow us to see client's current and future needs through a lens of innovation and impact and every idea and solution we offer. Mercer is the industry leader in helping companies create dynamic solutions that make a difference in the moments that matter.

Senior Global Benefits Financing Consultant

What you can expect:

The MMB Global Benefits Financing team is responsible for creating new financing strategies and solutions for multinational clients and improving the way that we manage and interact with global insurers. The purpose of this role is to lead the delivery of global employee benefits financing solutions, particularly captive arrangements, for some of our most complex clients. The scope of this role is global, however the focus will be on supporting clients headquartered in the US. The role is critical to the MMB Multinational Advisory growth strategy and will be responsible for developing expertise, improving market profile and growing revenue with multinational clients.

What is in it for you?

  • As part of Mercer, we offer quality benefits: multiple medical, dental, and vision plans with choices to fit all needs and budgets – with most benefits coverage starting Day 1
  • A firm that is a global leader in health and welfare plan consulting, delivering innovative solutions that address the needs of our clients and their employees, help millions of people achieve a healthier future and help organizations build a more secure business
  • Access to leaders, relevant volunteer and mentoring opportunities and interactions with counterparts in industry groups and client organizations
  • Flexible work opportunities for work/life balance
  • A culture of internal mobility and collaboration

We will count on you to:

  • Create and deliver international employee benefit programs and financing solutions for multinational clients
  • This role will be particularly focused on international employee benefits captive arrangements and will provide consulting services to clients from feasibility and implementation through to ongoing program management
  • Enhance our market profile and reputation in relation to global benefits financing in the US market, including representing the firm at external events
  • Collaborate with internal stakeholders across MMB, Mercer and Marsh McLennan to deliver the best of the firm to our clients
  • Act as a Subject Matter Expert, developing tools, training programs and supporting colleagues across MMB,Mercer and Marsh in delivering financing solutions to clients
  • Support strategic carrier initiatives in partnership with MMB carrier management to better leverage our relationships with global insurers

What you need to have:

  • Minimum of 7 years of relevant experience with deep knowledge and experience of global health and benefits from an insurer/network, consulting or broking firm
  • Proven experience and expertise in delivering global benefits financing solutions for large multinational companies, in particular experience of implementing and managing captive solutions
  • Experience with delivering technical services to captive clients including feasibility studies, underwriting services and reinsurance
  • Knowledge of local employee benefits practice and requirements in key international markets
  • Ability to prioritize and lead multiple projects simultaneously
  • Good analytical and data management skills
  • The ability to travel regularly within the US and internationally on occasion

What makes you stand out:

  • Working knowledge of US benefits including Medical Stop-Loss would be an advantage
  • Ability to influence and engage senior decision-makers (clients, internal stakeholders and carriers)
  • Ability to work within a team environment across borders and to work independently
  • Client focused with an instinct for growth
  • Experience working in/with multiple countries
  • Fluent English language, other language skills would be an advantage

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's approximately 25,000 employees are based in 43 countries and the firm operates in 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy, and people, with more than 85,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit Follow Mercer on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

The applicable base salary range for this role is $122,400 to $244,800.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.