Strategic Benefits Consultant
4 weeks ago
Job Summary
We are seeking a highly skilled Strategic Benefits Consultant to join our team at IMA Financial Group. As a key member of our employee benefits brokerage team, you will be responsible for leading strategic consultation and planning efforts for self-funded/captive client benefit programs.
Key Responsibilities
- Ensure programs and plan design are in alignment with all applicable regulatory requirements
- Utilize intermediate knowledge of actuarial concepts and underwriting practices to analyze claims data and provide applied explanation to the client and internal team
- Direct the service teams' work assignments related to project management, claims escalation and resolution, and plan analysis/reporting
- Develop strong carrier and vendor relationships to support and lead negotiation and advocacy during client coverage placement and renewal process
- Coordinate with internal subject matter experts and practice leaders to bring current and emerging markets and products and solutions to the table that are aligned with clients' stated goals
- Participate in finalist and/or prospect meetings in partnership with production staff, as appropriate
- Participate in the development of prospect requests for proposals (RFPs), providing personnel responses and other information, as requested
- Partner with production staff to ensure compensation received is properly executed
- Availability to serve as a resource for other agency benefits staff throughout the entire benefits division
- Strong commitment to participation in department or agency-wide committees and special projects
- May coordinate and manage the overall work and projects of assigned associates, providing clear communication of expectations, established timeframes, and regular progress updates
- Participate in the hiring process, as needed
- Provide feedback to service team members, and their direct supervisors as needed, in support of on-going professional development goals, ensuring client expectations are met
- Support and demonstrate IMA's core values
- Value and understand the importance of diversity, equity, and inclusion among all IMA associates
Requirements
- Proven experience as an Account Executive, Lead Consultant, or similar role in the employee benefits brokerage industry for 5+ years required
- Attain and maintain applicable state Life and Health License in accordance with IMA standards
- Proficient in using Microsoft Office suite required
- Expertise in self-funded health plans required
- Demonstrate above average business acumen related to strategy execution, interdependencies, and decision consequences
- Experience with managing clients in a self-funded captive is preferred
- Demonstrate positive mindset and ability to optimize performance through collaboration
- Demonstrate consistent ability to adapt in stressful situations and develop strategies for improvements in organizational effectiveness
- Demonstrate strong ability and commitment to excellence in communication, both written and oral, through active listening, information sharing, and a focus on solutions
Compensation and Benefits
- Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Hospital Indemnity, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Flexible Work Options, Paid Holidays, Sabbatical, Gift Matching, Health Club Reimbursement, Personal and Professional Development
About IMA Financial Group
- We've built a reputation for putting our associates first
- We work in teams. We sell in teams. We win and prosper as a team
- We provide support systems and resources that enable each of our associates to focus on what they do best
- We are recognized nationally as a leader in our industry
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