Kavaliro is seeking a dynamic Benefits Consultant for our client. In this role, you'll play a crucial part in maintaining client relationships and managing their existing portfolios. Your responsibilities will include developing comprehensive benefit strategies, conducting financial analyses, designing benefit plans, overseeing renewals, and ensuring top-notch service delivery. Key Responsibilities:
- Develop innovative benefit design and renewal strategies to address complex client needs.
- Collaborate closely with account management or client service teams on pre-renewal strategies, RFP distribution, open enrollment plans, and post-renewal analyses.
- Determine the full range of services to be provided to each client.
- Establish and communicate clear timelines with client service teams, keeping them informed of any changes or updates.
- Maintain accountability for revenue and profitability of client accounts and projects, ensuring all stakeholders are kept informed.
- Monitor project success in terms of scope, budget, timeliness, and client satisfaction.
- Oversee the onboarding of new clients, working collaboratively with client service teams to establish implementation plans, teams, and timelines.
- Ensure that client service teams exceed client expectations.
- Identify and pursue cross-selling opportunities to expand our business portfolio.
- Cultivate and maintain strong relationships with clients and carriers.
- Establish effective relationships with carriers/vendors to facilitate benefits procurement and administration.
- Attend carrier events to stay updated on carrier plans, changes, and maintain strong relationships.
- Maintain a comprehensive understanding of insurance markets, funding alternatives, networks, and benefit plan options.
- Ensure accuracy of client data in CRM systems.
- Remain fully knowledgeable about compliance issues impacting employer-sponsored health and welfare plans such as HIPAA, ERISA, Tax Code SEC 125, PPACA, and state-sponsored health insurance exchanges.
Requirements:
- Ability to effectively interact with members of the C-suite and influence decision-making.
- Strong attention to detail.
- Self-motivated and disciplined approach to work.
- Excellent written and verbal communication skills.
- Strong organizational abilities.
- Capacity to manage workload efficiently.
- Ability to thrive in a fast-paced environment.
Experience:
- 3+ years' experience in benefits consulting.
- Bachelor's Degree preferred.
- Up-to-date knowledge of Health Care Reform and health and ancillary insurance products.
- Practical understanding of quoting processes and tools.
- Proficiency in Microsoft Excel and familiarity with database applications.
- Valid life and health insurance license required.
Other:
- Book Under Management (BUM)