Consultant-Employee Benefits

NFP Corp.

Location: Norwell, Massachusetts

Job Type: Full time

Posted


Who We Are

Alterity is a leading consulting firm that offers advisory services designed to meet the unique needs of private equity firms, employer groups, HR outsourcing organizations (PEO and ASO), and brokers. We help clients navigate the constantly evolving landscape of employee benefits and insurance. Alterity Group is a wholly owned subsidiary of NFP Corp.

Summary of Role:

This is a full-time position that requires the Consultant to regularly collaborate with and provide support for clients and team members to meet clients’ and organizational needs. This team member will be responsible for a wide spectrum of duties including, but not limited to, development and review of ongoing client deliverables, data collection, financial analytics, carrier and client interfacing, issue resolution and general project management. As a vendor and broker agnostic consulting firm, the ability to work simultaneously with multiple stakeholders is key.

Essential Duties and Responsibilities:

  • Accountable for data management including data request, inventory, follow up and spreading into excel templates
  • Build financial models for proposed medical/Rx plan design and contribution changes, accounting for migration and tier changes
  • Develop benchmarking analyses and create client-ready reports/presentations for review by senior staff
  • Manage, track, and communicate project status internally and externally ensuring that projects are meeting deadlines and that internal and client teams are aware of issues impacting successful execution within deadlines
  • Review claims experience to project future medical/Rx costs on an insured and self-insured basis
  • Review carrier projections to determine validity of assumptions
  • Respond quickly and accurately to client and carrier questions and work to resolve any issue or problem as quickly as possible, bringing in senior staff for issues that require escalation
  • Draft, manage, review, and analyze RFPs
  • Manage diligence projects, including drafting data requests, monitoring the data room, and developing reports
  • Oversee and ensure accuracy of system of record for Private Equity clients
  • Cross PE company portfolio analytics and reporting
  • Work collaboratively with PE firms, their portfolio companies and broker partners to support strategy execution
  • Participate in client calls, take detailed notes and ensuring follow-up on all actionable items
  • Collaborate with all team members and across the organization on projects as needed with multiple project leads
  • Build and maintain solid working relationships with clients, insurance carriers/vendors and co-workers
  • Draft client-ready emails, memos, and presentations for review by senior staff as needed
  • Assist with all aspects of client meeting preparation, including presenting, as required
  • Coordinate new carrier business, including reviewing paperwork for accuracy and managing towards critical milestones
  • Assist with Stop-loss Center of Excellence for private equity clients
  • Additional duties, as assigned

Knowledge, Skills and/or Abilities:

  • Strong sense of personal accountability and drive, proactive approach to assigned work
  • Established organizational and project management skills
  • Strong people skills and ability to build relationships at all organizational levels
  • Time management skills and ability to manage multiple projects across teams simultaneously
  • Comfortable working within ambiguity with a desire to broaden your knowledge
  • Ability to thrive in a fast-paced environment
  • Strong verbal & written communication skills
  • Ability to present information, and respond to questions from managers, clients, and co-workers
  • Unwavering commitment to quality and accuracy of work
  • Self-review work to ensure accuracy and integrity of work product
  • Peer review work thoroughly and timely
  • Strong technical and financial acumen with ability to analyze and interpret data
  • Strong knowledge of Health and Welfare benefits, concepts, and compliance
  • Proficient in Microsoft Excel and PowerPoint
  • Critical thinker
  • Service-oriented mentality
  • Ability to travel
  • Familiarity with private equity a plus

Education and/or Experience:

  • 4+ years of related Health & Benefits experience with an insurance carrier, consultant/broker, or financial institution
  • Knowledge of health insurance benefits, programs, and products

Certificates, Licenses, Registration:

  • Life, Accident and Health License required; must be obtained within 90 days of employment

What We Offer

We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.The base salary range for this position is $70,000 – $120,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

About NFP

NFP is a seven-time Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. NFP is a recognized Elite Agency award winner and a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor. NFP provides solutions enabling client success through the expertise of over 7,000 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions.

NFP and You... Better together!

NFP and Alterity Group is an inclusive Equal Employment Opportunity employer.