VP, Health Captive & Alternative Funding
Our not-so-secret sauce.
Award-winning, inclusive, Top Workplace culture doesnt happen overnight. Its a result of hard work by extraordinary people. More than 10,000 of the industrys 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 worlds leading professional services firm, Marsh McLennan (NYSE: MMC).
A day in the life.
Subject Matter Expertise: Serve as a subject matter expert on health captive market solutions and alternative funding options for producers, staying up-to-date with industry trends and best practices.
Education and Training: Develop and deliver educational programs, training sessions, and workshops to producers and client service teams, providing them with a comprehensive understanding of health captives and their potential benefits. Teach them how to tell the story.
Market Analysis: Analyze the marketplace to identify and evaluate health captive solutions that align with the organization's goals and objectives.
Consultation: Provide consultation and guidance to producers on health captive options, helping them assess the feasibility and suitability of captives or alternative funding options for their specific client or prospecting needs including, finalist presentation support and communications.
Collaboration: Collaborate with internal teams, including risk management, finance, and legal, to ensure a coordinated approach to health captive solutions and address any potential challenges or concerns.
Relationship Building: Build and maintain relationships with external stakeholders, including captive managers, carriers, brokers, and industry experts, to stay informed about market developments and leverage their expertise when needed.
Compliance: Ensure compliance with all relevant laws, regulations, and industry standards when discussing and implementing health captive solutions.
Continuous Learning: Continuously expand knowledge and expertise in health captives through professional development activities, industry conferences, and networking opportunities.
Team Collaboration: Collaborate with colleagues across departments to identify opportunities for health captive solutions and support their implementation.
Our future colleague.
Wed 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 experience and expertise in health captive market solutions, including knowledge of different types of captives, their benefits, and their potential risks.
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. Dont be shy. If youre close, wed 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. Weve 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: (link removed) or flip through our recruiting brochure: (link removed)
Follow us on social media to meet our colleagues and see what makes us tick:
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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.
Applications will be accepted until: 8/26/2024.
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 EOEMinority/Female/Disability/Vet/SexualOrientation/Gender Identity employers.
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