Job Description:

Our health and welfare consulting team at Fidelity provides a unique experience for candidates looking for an opportunity to grow their consulting career. Our value proposition to associates is centered on three important qualities:

1) We are passionate about the clients’ needs. Our work is oriented to problem solving and not defined by products we can upsell to our clients. Simply put, we always do what is best for our clients.

2) We offer a fast-paced, vibrant work environment. All members of our team work with our most senior leaders daily, giving you an opportunity to learn from industry leaders with 20+ years of experience in H&W consulting.

3) Client exposure. We believe it is important for our associates to start working directly with our clients early in their careers to develop strong relationship skills. As such, we provide opportunities for all consultants to gain valuable client exposure and help us build lasting client relationships.

The Role

As a Senior Consultant, you will lead client projects and relationships that provide H&W clients a different perspective by offering comprehensive solutions. These services can involve a variety of topics including but not limited to plan design, compliance and reporting services, vendor management and selection, strategy development, pricing and employee contribution settings or retiree health care solutions. You will lead H&W Workplace Consulting projects, mentor other associates and promote collaboration.

• Lead and present analyses and recommendation support within key client relationships, supported by a team of entry-level and experienced actuarial analysts, actuaries, and H&W generalists.
• Build comprehensive knowledge of the client and their business and identify opportunities to expand relationships with additional solutions
• Lead and implement development of long-and short-term health and welfare employee benefits strategies for clients
• Oversee and present development of health and welfare program pricing, budgets, employee contributions, premium equivalent rates for self-insured plans, IBNR and other actuarial liability estimates (adhering to actuarial standards of practices)
• Lead marketing analysis including RFP creation, proposal collection, and vendor comparisons; lead development and presentation of conclusions and recommendations to clients.
• Lead team interactions with clients day to day
• Mentor and develop less experienced associates and facilitate excellent team-based client service

The Expertise and Skills You Bring

• Minimum 7 years proven experience in working with the financials and strategic management of health and welfare plans, preferably gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company
• Strong critical thinking, project management and problem-solving skills
• Strong client relationship skills, including excellent communication and responsiveness
• Ability to independently develop and facilitate strategy discussions; ability to communicate sophisticated financial results to client stakeholders
• Deep knowledge of health insurance and benefits industry, it’s practices and applicable laws/regulations, point solutions, traditional carriers partner landscape, PBMs and coalitions, etc.
• Commitment to team collaboration and coordination, including mentoring leading teams to facilitate excellent client service.
• Actuarial exam completion and/or accreditation, a plus

The Team

The Fidelity Workplace Consulting Group is composed of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, providing a broad range of services that touch on every area of benefits design, strategy, funding, communication, and delivery. Most of our team comes from other leading consulting firms. While we focus on working with Fortune 1000 clients, we also work with Fidelity clients of all sizes. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting

The base salary range for this position is $103,000-$218,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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