Principal Employee Benefits Consultant
4 months ago
**Principal Employee Benefits Consultant**
Location: Flexible
You will operate as a benefits specialist, overseeing and supporting the delivery of consultancy services across one or more of our services (from Pensions and Financial Wellbeing to Group Risk and Healthcare) for a broad portfolio of Corporate clients.
You will be expected to support the development of strong client relationships and strategy to continually seek opportunities to grow our client services & revenues.
As a Principal Consultant you will support the Head of Consulting to manage the team and/or proposition This may involve some direct line management responsibilities.
You will be expected to mentor less experienced members of the team and assist with recruitment, onboarding and training of new Team members.
Be an advocate for PIB Employee Benefits.
**Responsibilities**:
- Manage a portfolio of corporate clients
- Direct contact with clients to resolve queries, support relationship development and to ensure the timely delivery of services
- Thought leadership on specialist areas of employee benefits
- Working to review and broaden the services offered by the client
- For pensions, if relevant, deliver a range of services including attending Governance meetings and presenting Governance reports, undertaking market reviews, delivering financial wellbeing presentations (in person and virtually) and implementing salary exchange
- For risk and healthcare, deliver a range of risk and healthcare services including managing the market review and re-broking process
- Involvement in flex and technology platforms implementation as the Consultant for the underlying benefits
- Attendance and participation at client meetings
- Support in obtaining and winning new business for the team (no cold calling)
- Meet key financial targets set by the Senior Leadership Team
- Ensuring that the company FCA requirements are fully adhered to (file maintenance, terms of business, key facts documents, claim register, file checklists)
- Ensure competency requirements are met and file reviews are completed to the appropriate standard
- Support with peer reviewing and ensuring own work is peer reviewed as appropriate
- Adhering to Group Policies and Procedures
- Reporting any suspected breaches to management / compliance department upon discovery
- Mentoring and training of less experienced colleagues to support their development
- Sharing of knowledge and cascade of useful information to the wider team as appropriate
- Quality checking of colleagues' work to ensure accuracy
- Assist the Head of Consulting with line management and/or proposition management/development
- Act as a deputy to the Head of Consulting in their absence
- Assist in managing the targets of the team
- Proactively work with the Head of Consulting to develop and grow the team and/or the proposition
- Assist with recruitment, onboarding and training of new Team members.
**Experience**:
- Group Risk (GR1) and Healthcare Insurance Products (IF7) qualifications
- 7 years plus Consultancy experience in one of the key proposition lines of Group Risk, Pension or Healthcare
- Able to demonstrate technical knowledge in one of the key propositions listed above.
- Experience of working on new business pitches and tenders
- Experience of working on benefit portals
- Previous line management experience
- Good overall awareness of the employee benefits market
- Strong technical understanding of employee benefits design, workplace pensions and risk and health insurance products
- Must be highly organised with excellent attention to detail
- Able to prioritise, organise and carry out tasks within deadlines
- Able to follow process and procedure accurately
- Good numeracy and literacy skills
- Proactive and a team player
- Positive can-do attitude
- Commitment to Learning and Development
**As well as a competitive salary we offer the following benefits -**
- Competitive holiday allowance with the annual option to buy additional days
- Death in Service benefit of x4 salary
- Company pension scheme
- Very generous maternity and paternity leave packages
- A flexible benefits package which allows you to add additional benefits to your overall package
- Our benefits portal offers discounts on technology & electronics, cinemas, restaurants, days out, mortgage advice, travel and many more
- Referral schemes
- Discounted rates on PIB products
- We offer a first-class employee benefits and welfare package to support our employees with financial management, cycle to work scheme, counselling support, health screening, will writing, menopause support, books, stopping smoking and much more
- If supporting the local community, engaging with charities and having the opportunity to 'give something back' interests you, you have the opportunity to take an extra day to support this with a Volunteering day.
- We also offer a wide range of discounts including a kids pass - giving you discount to over 4500 attractions and activities, discounts at hairdressers and beauticians, climate change projects with lots of other options to choose
- PIB has a comprehensive learning & development framework, including professional study options and apprenticeships which are available to all employees, and which will support your career development
- PIB Group are committed to improving their environmental impact in a responsible way. From the individual actions that our colleagues take every day through to installing the right facilities across our premises, there are many measures in place to help reduce PIB's carbon footprint.
REF-207334
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