Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown is seeking Benefits Consultant to join our growing team in Salt Lake City, UT!
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 and presentations.
- Partners with Team Lead to 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
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 mate 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.
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.
Skills Required
- 5+ years employee benefits experience
- 1+ years financial experience
- Minimum of 4 year degree or equivalent work experience
- Active Life/Accident and Health Insurance Agent License
- Strong to expert level skills in Microsoft Excel
What We Do
Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals. Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions. Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammates—not employees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work ®. Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play. With a long-standing history of proven success, Brown & Brown is one of the insurance industry’s most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO.
