Stop Loss Consultant

Overview

This role supports and helps grow the Center of Excellence for Stop Loss. The consultant works with account and underwriting teams, using discretion and independent judgment to perform financial analysis and leverage modeling tools to evaluate benefit programs and their impact on overall business objectives—particularly around the management and control of client risks and losses.

Responsibilities

• Partner with carriers and internal teams to build and maintain schedules for client renewals and data collection to ensure consistent, timely receipt.
• Provide underwriting, financial, and risk analysis support for internal teams and their consulting clients.
• Support clients’ benefits marketing process, including:
  • data acquisition
  • request for proposal (RFP) preparation
  • vendor question resolution
  • proposal review and analysis
  • client exhibit and presentation preparation
• Analyze and negotiate rates and plan options with insurers on behalf of clients to secure optimal, cost-competitive benefit plans.
• Validate renewals and proposals for accuracy.
• Coordinate intake for the Stop Loss process and educate agency teams on self-funding, stop loss, and captives as appropriate.
• Coordinate with team members to understand Stop Loss RFP status and overall panel block positions.
• Update leadership on identified stop loss market trends, including tracking DTQ rate, overall renewal positions, and contractual concerns for ongoing panel management discussions.
• Support Stop Loss captives quoting process.
• Review RFP/renewal results as requested by the East team or local agency.
• Help support Stop Loss claims tracking processes.
• Help compile results from the annual Request for Information process for potential Stop Loss panel participants to inform panel selection recommendations and suggested agreement changes to obtain optimal concessions for the Center of Excellence.
• Use experience and knowledge of other lines of coverage (Dental, Vision, Health Savings Accounts, Flexible Spending Accounts, and COBRA Administration) to build out a Center of Excellence model, including creation of detailed RFIs to complete market evaluation.
• Review and provide best-practice recommendations on current East models and outputs, including financial analysis, qualitative and quantitative analysis, disruption and discount analysis as needed for other lines of coverage.
• Maintain quality service standards and organization to ensure timely support for East and agency teams.
• Stay current on the dynamic, competitive insurance environment, new and complex insurance initiatives, appropriate data analysis techniques, and changes to legislation affecting business.
• Support other initiatives of the Strategic Initiatives Division and Underwriting Team as needed.

Requirements

• Bachelor’s Degree in Risk Management & Insurance, Actuarial Science, Mathematics, and/or other related field is preferred; equivalent experience is required.
• Minimum of two years of prior work experience in the Benefits Brokerage, Consulting, or Insurance industry.
• Strong background in self-funding and stop loss underwriting required.

Knowledge, Skills, and Abilities

• Strong organizational and analytical skills with attention to detail.
• Excellent troubleshooting, decision-making, and problem-solving skills.
• Proven ability to support multiple projects simultaneously while maintaining attention to detail and process.
• Ability to multi-task and work in a fast-paced environment.
• Excellent verbal and written communication skills.
• Ability to prioritize work and meet deadlines.
• Ability to follow through on assigned tasks while adhering to specified quality standards.
• Must be able to effectively interact with internal and external customers.
• Intermediate knowledge of MS Office Suite (Word, Excel, Access, Outlook); working knowledge of pivot tables.

Compensation & Benefits

• Applicable base salary range for this role: $71,800 to $133,700.
• Base pay will be determined based on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements; decisions will be made case-by-case.
• In addition to base salary, the position may be eligible for performance-based incentives.
• Total rewards package may include:
  • health and welfare benefits
  • tuition assistance
  • 401K savings and other retirement programs
  • employee assistance programs

Location

Remote work is indicated for this role.

Application Deadline

Applications will be accepted until: November 8, 2026