Benefits Analyst - Placement & Solutions

HK009 Mercer (Hong Kong) Ltd
Devon, PA Full Time
POSTED ON 3/7/2023 CLOSED ON 5/29/2023

What are the responsibilities and job description for the Benefits Analyst - Placement & Solutions position at HK009 Mercer (Hong Kong) Ltd?

Company: Mercer Description: SUMMARY Benefits Analyst work with a wide range of companies to help them assess, develop and deploy strategies, programs and initiatives to improve the health and wellness of their employees. Benefits Analyst advise clients on best practices, financial management, compliance, communication and administration of health and benefit plans. As an individual contributor, a Benefits Analyst is ready to apply the knowledge acquired via an advanced education and to start to develop professional skills with the help of a manager and more experienced team members. POSITION SCOPE We will count on you to: Collect the claims data, loss ratio, member census and other renewal related documents from incumbent or prospect insurers. Assist the team to prepare the RFP and follow up on the quotes from the providers. Review the quotes received to ensure the benefits, terms and conditions matched with the RFP. Update the costing table, benefits schedule, terms & conditions and other renewal information for the team to review. Ensure all the information received are properly file in the share folder. Assist the team to prepare the renewal confirmation to insurers, e.g. placing slip, accrual notice etc. for peer review. Send the confirmation to the providers after the completion of the peer review system (PRS). Support the team in other activities, e.g. prepare the reports and other ad hoc projects etc. Become knowledgeable about all the insurance carrier products and programs. What you need to have: University degree in a related discipline or other relevant qualifications. At least 1-2 years' experience in administration, preferably from a client servicing industry. Strong track record in client and vendor management. Self-initiative and curiosity in insurance/ health sector. Self-motivated to seek out knowledge, test ideas and ways to contribute to the team. Ability to build relationships by communicating, influencing and negotiating effectively with team members. Strong language skills in English and Cantonese. Mandarin would be a plus. What makes you a stand-out: Strong communication and problem solving skills. Strong client and project management experience. A team player with a collaborative approach. Click here to return to the MMC Careers Site Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit mmc.com, follow us on LinkedIn and Twitter @mmc_global or subscribe to BRINK.

Salary : $17 - $0

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