Senior Consultant, Employee Benefits, Private Equity

Reposted 8 Days Ago
Be an Early Applicant
Huntington, NY, USA
In-Office
92K-172K Annually
Senior level
Fintech • HR Tech • Insurance • Consulting
The Role
The Senior Consultant leads employee benefits strategy for Private Equity clients, providing guidance, analysis, and team mentorship, and presenting to leadership and investors.
Summary Generated by Built In
Company:Marsh McLennan Agency

Description:

Senior Consultant, Employee Benefits, Private Equity

Location: Boston (101 Huntington Ave.) or Worcester (100 Front St.), Hybrid – 3 days in office, 2 remote

Our not-so-secret sauce.

Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. More than 15,000 of the industry’s brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can thrive as an Associate Consultant at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With over 300 offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh McLennan (NYSE: MMC).

A day in the life.

Marsh McLennan Agency (MMA) is seeking a Senior Consultant to join our Employee Health & Benefits team with a dedicated focus on Private Equity–backed clients. This role is ideal for a consultative, strategic benefits professional who thrives in a fast-paced environment and enjoys partnering with sophisticated investors and portfolio company leadership teams.

  • Serve as the lead consultant for Private Equity–backed clients and their portfolio companies, delivering strategic health & benefits guidance.
  • Advise clients on benefits strategy, plan design, funding arrangements, compliance, and cost-containment solutions aligned with business objectives.
  • Partner with Private Equity sponsors on M&A activity, including:
  • Benefits due diligence
  • Deal modeling and cost analysis
  • Post-transaction benefits integration and harmonization
  • Lead annual renewal strategy, vendor negotiations, and market placements.
  • Coordinate and collaborate with internal MMA resources (compliance, analytics, wellness, actuarial, and voluntary benefits teams).
  • Support portfolio companies at various stages of maturity, from early-stage growth to mature enterprises.
  • Present recommendations to executive leadership, boards, and investor groups.
  • Mentor junior consultants and analysts; contribute to team development and best practices.
  • Stay current on industry trends, regulatory changes, and Private Equity market dynamics.
  • Contribute to business development efforts by participating in finalist meetings and assisting in the development of proposals and presentations.

Our future colleague.

We’d love to meet you if your professional track record includes these skills:

  • 7+ years of experience in employee benefits consulting or related role within a brokerage, carrier, or HR department.
  • Strong knowledge of health and welfare plan design, compliance, and funding arrangements.
  • Exceptional client relationship management skills and executive presence.
  • Proven ability to analyze complex data and translate insights into strategic recommendations.
  • Excellent presentation, negotiation, and communication skills.
  • Licensed in Life & Health (or ability to obtain upon hire).
  • Shared commitment to company values; Integrity, Collaboration Passion, Innovation, Accountability

We know there are excellent candidates who might not check all of these boxes. Don’t be shy. If you’re close, we’d be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside our organization. We’ve built a culture that promotes colleague well-being through robust benefit programs and resources, encourages professional and personal development, and celebrates opportunities to pursue the projects and causes that give colleagues fulfilment outside of work.  

Some benefits included in this role are:

  • Medical, dental and vision plans
  • 401(k) match after one year
  • Contribute toward student loan debt
  • Generous paid time-off programs ensure you have time to recharge including vacation days, personal days, sick days, holidays, volunteer day, and days for learning & development
  • Tuition reimbursement and professional development opportunities
  • Charitable contribution match programs
  • Stock purchase opportunities

To learn more about a career at MMA, check us out online: http://marshmma.com/careers or flip through our recruiting brochure: https://bit.ly/3Qpcjmw

Follow us on social media to meet our colleagues and see what makes us tick:

  • https://www.instagram.com/lifeatmma/
  • https://www.facebook.com/LifeatMMA
  • https://twitter.com/LifeatMMA
  • https://www.linkedin.com/company/marsh-mclennan-agency/

Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

The applicable base salary range for this role is $92,400 to $172,100.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

Skills Required

  • 7+ years of experience in employee benefits consulting or related role within a brokerage, carrier, or HR department
  • Strong knowledge of health and welfare plan design, compliance, and funding arrangements
  • Exceptional client relationship management skills and executive presence
  • Proven ability to analyze complex data and translate insights into strategic recommendations
  • Excellent presentation, negotiation, and communication skills
  • Licensed in Life & Health (or ability to obtain upon hire)

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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