Benefits Consultant

Brown & Brown is seeking Benefits Consultant to join our growing team in Milwaukee, WI.  

The Benefits Consultant is responsible for employee benefits account management responsibilities. This includes 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

How You Will Contribute:  

• All responsibilities that fall within the Account Manager & Financial Analyst career tracks.
• 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, presentations, and 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.
• Monitor monthly financials for client including entry of data into client exhibits
• Prepare and send monthly financial reports to clients with analysis of activity and large claim detail.
• Prepare basic financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
• Work with Team Lead to develop reporting requirements and any deviations or customizations in those reports.
• Assists Team Lead in preparing requests for proposals and renewals of benefit coverages
• Other duties may be assigned.

Licenses & Certifications:  

• Must obtain and maintain active Life/Accident and Health Insurance Agent License (As required) 

Skills & Experience to be Successful: 
 

• 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

• Ability to maintain a high level of confidentiality

• Excellent verbal and written communication skills

• Ability to work independently.

• Detail oriented with excellent organizational skills.

• This position may require routine or periodic travel which may require the team members to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position.