Senior Benefits Consultant
3 weeks ago
BoldX Talent is hiring on behalf of Innovo Benefits Group, a Boston-based benefits administration and management consulting firm.
About the role
**This position is remote/hybrid, with a requirement to reside in the New England area for client travel and quarterly meetings.**
Key Responsibilities
- Manage a portfolio of small to mid-size clients across various industries.
- Oversee client retention and develop ongoing relationships with carriers and clients.
- Communicate directly with clients and their employees as the subject matter expert on insurance coverages, products, and services.
- Strategize opportunities to enhance service through new services, cost control, and technology.
- Review proposals and detailed insurance plan analyses, negotiate with carriers, and recommend renewal actions.
- Stay up-to-date on industry trends, regulatory issues, and communicate to clients as necessary.
- Maintain compliance with plan rules, legal requirements, reporting, and overall regulatory adherence.
- Prepare presentations and lead client meetings, conduct benefits benchmarking analyses, and obtain vendor proposals.
- Analyze carriers, plan designs, funding options, and employee contributions.
- Use software to draft plan documents, employee communications, and 5500 filings.
- Create and update benefit guides, ensuring client resources and communications are up-to-date.
- Conduct quality assurance reviews on other Innovo employee work products.
Requirements
- Bachelor's degree or higher in a relevant field, with Health/Life/Accident state licensure.
- Minimum 7-10 years' experience in health and welfare benefits brokerage.
- Experience with health and welfare benefits plans, including medical, dental, life, disability, and compliance requirements.
- Experience with self-funded plans and claims reporting and analysis.
- Intermediate to advanced proficiency in Excel and PowerPoint.
Our Commitment to Diversity, Equity, Inclusion, and Belonging
Innovo Benefits Group values a diverse, inclusive, and equitable workplace, allowing all employees to feel respected and included. We promote a work/life balance through flexible schedules and accommodate varying needs.
We strive to model diversity and inclusion for the employer benefits broker industry and maintain an inclusive environment with equitable treatment for all.
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