What are the responsibilities and job description for the Consultant position at Acrisure?
Job Description
Job Title: Consultant, Alternative Funding Division
Department: Employee Benefits
Reports To: Chuck Batchelder, EB Growth and Practice Leader
About Acrisure
A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, we connect clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and more.
In the last twelve years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in more than 20 countries. Acrisure was built on entrepreneurial spirit. Prioritizing leadership, accountability, and collaboration, we equip our teams to work at the highest levels possible.
Summary
The Consultant, Alternative Funding Division (AFD), plays a key role in supporting the agency’s alternatively funded employer medical plan business. This individual will partner closely with producer teams within their designated region to support self-funding initiatives, including prospecting, advisement, and assessment of groups evaluating a transition to self-funding. The Consultant will work collaboratively with the AFD Analyst to assist in pricing RFPs for stop-loss, pharmacy benefit management (PBM), Third Party Administrator (TPA), and carve-out arrangements.
The Consultant serves as a subject matter resource on self-funding concepts and assists in advancing the agency’s growth objectives through strategic advisement, education, and producer support.
Essential Duties And Responsibilities
The base compensation range for this position is $93,925 - $127,075. This range reflects Acrisure's good faith estimate at the time of this posting. Placement within the range will be based on a variety of factors, including but not limited to skills, experience, qualifications, location, and internal equity.
Candidates should be comfortable with an on-site presence to support collaboration, team leadership, and cross-functional partnership.
Why Join Us:
At Acrisure, we’re building more than a business, we’re building a community where people can grow, thrive, and make an impact. Our benefits are designed to support every dimension of your life, from your health and finances to your family and future.
Making a lasting impact on the communities it serves, Acrisure has pledged more than $22 million through its partnerships with Corewell Health Helen DeVos Children's Hospital in Grand Rapids, Michigan, UPMC Children's Hospital in Pittsburgh, Pennsylvania and Blythedale Children's Hospital in Valhalla, New York.
Employee Benefits
We also offer our employees a comprehensive suite of benefits and perks, including:
Acrisure is an Equal Opportunity Employer. We consider qualified applicants without regard to race, color, religion, sex, national origin, disability, or protected veteran status. Applicants may request reasonable accommodation by contacting leaves@acrisure.com.
Final candidates will be required to complete post-offer verification processes related to the role and in accordance with applicable laws.
California Residents: Learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy.
Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice.
Welcome, your new opportunity awaits you.
Job Title: Consultant, Alternative Funding Division
Department: Employee Benefits
Reports To: Chuck Batchelder, EB Growth and Practice Leader
About Acrisure
A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, we connect clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and more.
In the last twelve years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in more than 20 countries. Acrisure was built on entrepreneurial spirit. Prioritizing leadership, accountability, and collaboration, we equip our teams to work at the highest levels possible.
Summary
The Consultant, Alternative Funding Division (AFD), plays a key role in supporting the agency’s alternatively funded employer medical plan business. This individual will partner closely with producer teams within their designated region to support self-funding initiatives, including prospecting, advisement, and assessment of groups evaluating a transition to self-funding. The Consultant will work collaboratively with the AFD Analyst to assist in pricing RFPs for stop-loss, pharmacy benefit management (PBM), Third Party Administrator (TPA), and carve-out arrangements.
The Consultant serves as a subject matter resource on self-funding concepts and assists in advancing the agency’s growth objectives through strategic advisement, education, and producer support.
Essential Duties And Responsibilities
- Producer Support: Collaborate with regional producer teams to provide subject matter expertise on self-funding strategies, funding arrangements, and vendor selection.
- Prospect Engagement: Support prospecting efforts by assessing employer groups’ suitability for self-funding and assisting in the development of customized recommendations.
- RFP Assistance: Partner with the AFD Analyst to develop and price RFPs for stop-loss, PBM, TPA, and carve-out arrangements, ensuring competitive and comprehensive proposals.
- Client Advisement: Provide consultative guidance to self-funded clients and prospects to optimize plan performance, manage risk, and control costs.
- Vendor Collaboration: Support the evaluation and coordination of key vendor relationships, including TPAs, PBMs, stop-loss carriers, and point solution partners.
- Internal Education: Assist in developing and delivering educational materials and training sessions for internal producers and staff on self-funding concepts and best practices.
- Market Intelligence: Maintain current knowledge of industry trends, emerging risk mitigation solutions, and regulatory updates impacting self-funded plans.
- Cross-Functional Collaboration: Work closely with underwriting, analytics, and client service teams to ensure cohesive and effective delivery of alternative funding solutions.
- Relationship Building: Foster and maintain productive relationships with clients, prospects, and vendor partners to support the agency’s growth objectives.
- Bachelor’s degree in Business, Finance, Healthcare Administration, or a related field—or equivalent experience.
- 5 years of experience in the employee benefits industry, preferably with exposure to alternative-funding and self-insured medical plans.
- Strong understanding of self-funding principles, including stop-loss, PBMs, TPAs, and cost-containment strategies.
- Demonstrated ability to work collaboratively with sales and client service teams.
- Excellent verbal and written communication skills.
- Strong analytical and problem-solving abilities.
- Proficiency in Microsoft Office Suite (Excel, PowerPoint, Word).
- Ability to manage multiple projects and priorities effectively.
- Strong interpersonal skills and ability to build trust with internal and external stakeholders.
- CEBS, CBP, CLU, or RHU
- Active Life & Health insurance license
The base compensation range for this position is $93,925 - $127,075. This range reflects Acrisure's good faith estimate at the time of this posting. Placement within the range will be based on a variety of factors, including but not limited to skills, experience, qualifications, location, and internal equity.
Candidates should be comfortable with an on-site presence to support collaboration, team leadership, and cross-functional partnership.
Why Join Us:
At Acrisure, we’re building more than a business, we’re building a community where people can grow, thrive, and make an impact. Our benefits are designed to support every dimension of your life, from your health and finances to your family and future.
Making a lasting impact on the communities it serves, Acrisure has pledged more than $22 million through its partnerships with Corewell Health Helen DeVos Children's Hospital in Grand Rapids, Michigan, UPMC Children's Hospital in Pittsburgh, Pennsylvania and Blythedale Children's Hospital in Valhalla, New York.
Employee Benefits
We also offer our employees a comprehensive suite of benefits and perks, including:
- Physical Wellness: Comprehensive medical insurance, dental insurance, and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.
- Mental Wellness: Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.
- Financial Wellness: Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.
- Family Care: Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.
- … and so much more!
Acrisure is an Equal Opportunity Employer. We consider qualified applicants without regard to race, color, religion, sex, national origin, disability, or protected veteran status. Applicants may request reasonable accommodation by contacting leaves@acrisure.com.
Final candidates will be required to complete post-offer verification processes related to the role and in accordance with applicable laws.
California Residents: Learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy.
Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice.
Welcome, your new opportunity awaits you.
Salary : $93,925 - $127,075