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    Alternative Funding Director - Minneapolis, United States - Marsh & McLennan Companies

    Marsh & McLennan Companies
    Marsh & McLennan Companies Minneapolis, United States

    4 weeks ago

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    Description
    Company:

    Description:

    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 10,000 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 the Alternative Funding Director 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 180 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.

    As our Alternative Funding Director on the National Employee Health and Benefits (EH&B) team, you'll be responsible for developing and implementing the strategic vision for the national health captive/alternative funding program. To do so, you'll be required to stay updated on industry trends, regulations, and best practices to ensure the program remains competitive and compliant. As our Alternative Funding Director, you will identify and assess funding risks associated with the health captive programs and alternative funding options from 3rd party vendors and health carriers. You will develop and educate our producers in finding the best fit for risk mitigation strategies to protect our clients and be available to support the pre/post sale and implementation of these programs. Building and maintain relationships with key stakeholders, including health captive vendors, health carriers, regional EH&B leaders and their producers will be critical for success in this role. You will also collaborate with finance and actuarial teams to analyze financial performance, identify opportunities for cost savings and revenue growth.

    Our future colleague.

    We'd love to meet you if your professional track record includes these skills:
    • 8+ years of experience health captive insurance
    • Strong command of healthcare insurance products, regulations, and market trends
    • Proven leadership skills with experience managing a team
    • Excellent communication and interpersonal skills, with the ability to build and maintain relationships with clients and stakeholders
    • Knowledge of risk management principles and practices
    • Financial acumen and experience managing budgets
    These additional qualifications are a plus, but not required to apply:
    • Professional certifications (e.g., CEBS)
    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:
    • Generous time off, including personal and volunteering
    • Tuition reimbursement and professional development opportunities
    • Remote work
    • Occasional business travel
    • Charitable contribution match programs
    • Stock purchase opportunities
    To learn more about a career at MMA, check us out online: or flip through our recruiting brochure:

    Follow us on social media to meet our colleagues and see what makes us tick:
    The applicable base salary range for this role is $127,170.00-$237,300.00 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 wellbeing programs as well as employee assistance programs.

    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.

    #MMAEHB
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