Financial Consultant - Employee Benefits

ESSENTIAL JOB RESPONSIBILITIES include but are not limited to:Supports and demonstrates IMA’s core valuesValues and understands the importance of diversity, equity, and inclusion among all IMA associatesInteracts professionally and timely with internal and external clients via email, phone and in-personFinancial StrategyLeads complex technical work and strategic financial consulting regarding employee benefit plansCommunicates technical analysis to clients regarding cost projections, savings opportunities, and proper risk managementDrives local process improvements and supports innovationMarketing/RFPsPrepares and manages RFP for all self-funded TPA and stop loss submissions to market with Client Executive directionCollects, manages, and reviews proposals on self-funded TPA and stop loss marketing eventsUpdates marketing results into spreadsheet ensuring accuracy to be used internally and in client presentationRenewalsInitiates review of fully insured medical, and self-funded TPA and stop loss renewals, including plans, cost, contributions and contract termsLeads recommendations to client regarding renewal analysisUtilizes actuarial models to assess changes to risk and plan structurePartnership & NegotiationNegotiates with carriers based on client’s targeted goalsMaintains ongoing relationships with carrier and vendor partnersUnderwriting & AnalysisProvides analysis for benchmarking, contribution, disruption, network, stop loss deductible and GeoAccess analysisProvides and communicates underwriting cost projections for self-funded medical/Rx, dental, and vision products.Develops and communicates self-funded IBNP analysis to clientAssesses proper risk and funding structures such as fully insured vs. self-funded analysis, and presents findings to client to align with client goalsReportingWith minimal guidance, analyzes data for inconsistencies and trendsProvides a written and oral summary of findings to Client Executive, and directs strategic considerations for managing costBuilds and customizes reports to fit client needsPresentationPrepares client presentations and presents in front of client with as part of team with Client Executive, Client Manager, and various subject matter experts.Training & MentorshipProvides mentorship to analysts and performs technical review of workServes as a subject matter expert for specific financial strategy functions, and leads local process improvementsServes as experienced peer reviewer, ensuring standards of practice and work quality standards are metREQUIRED EXPERIENCE AND SKILLS include but are not limited to:6+ years of similar or related experiencePrefer college graduate, 4-year degree or equivalent experienceProficiency with MS Office SuitesAttains Life and Health license & maintains through continuing education requirementsLimited travel required (less than 25%)Understands concepts of underwriting and actuarial computationsAnalyzes and interprets dataEffectively manages multiple projects while meeting timelinesAbility to be firm and persuasive when needed, while maintaining good relationshipsHandles confidential information with tact and discretion Salary Range: $90,000 USD - $120,000 USD Compensation & BenefitsBeing a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following: Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Hospital Indemnity, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Flexible Work Options, Paid Holidays, Sabbatical, Gift Matching, Well-Being Stipend, Personal and Professional Development.  In addition to our robust benefits package, the final offer amounts will depend on a variety of factors, including the candidate’s geographic location, prior relevant experience, and their knowledge, skills, and abilities. *These benefits do not apply to internship roles.Why Join IMA?We’ve built a reputation for putting our associates firstWhat if we told you that you could be an integral part of an entrepreneurial, expanding company, develop lasting relationships, earn competitive benefits, plus claim part ownership? It’s this unique ownership business model that makes working at IMA so appealing.We work in teams. We sell in teams. We win and prosper as a teamWe provide support systems and resources that enable each of our associates to focus on what they do best. And as an independent company based in the Midwest, we’re big enough to write business all over the world and small enough to implement your ideas quickly.We are recognized nationally as a leader in our industry2020-2023 Business Insurance Magazine Best Places to Work in Insurance 2023 Inc. Magazine’s Best Workplaces 2023 Denver Business Journal’s Best Places to Work 2022-2023 Connecticut Top Work Places  2021-2023 Inc. 5000’s List of Fastest Growing Companies  2019-2022 Civic 50 Colorado Honoree Recognizing 50 Most Community-Minded Companies 2022-2023 Kansas City Business Journal’s Best Places to Work 2021-2023 Charlotte Business Journal’s Best Places to Work  2021-2023 Los Angeles Business Journal’s Best Places to Work 2021-2023 The Salt Lake City Tribune Top Work Places 2021-2022 Puget Sound Business Journal’s Washington’s Best Workplaces 2021-2022 Wichita Business Journal’s Best Places to Work, #1 in extra-large category 2021 Dallas Business Journal’s Best Places to Work 2021 Alaska Journal of Commerce’s Best Workplaces in Alaska  This Job Description is not a complete statement of all duties and responsibilities comprising this position.The IMA Financial Group, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics.  In addition to federal law requirements, The IMA Financial Group, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.