Benefits Consulting Analyst

About Ropes & Gray

Ropes & Gray is a preeminent global law firm. The firm has been ranked in the top three on The American Lawyer's prestigious A-List for eight consecutive years and #1 on Law.com's UK A-List twice in the past three years - rankings that honor the "best of the best" law firms. The firm has approximately 2,500 lawyers and professionals serving clients in major centers of business, finance, technology, and government in Boston, Chicago, Dublin, Hong Kong, London, Los Angeles, Milan, New York, Paris, San Francisco, Seoul, Shanghai, Silicon Valley, Singapore, Tokyo and Washington, D.C.The firm has consistently been recognized for its leading practices in many areas, including asset management, private equity, M&A, finance, real estate, tax, antitrust, life sciences, health care, intellectual property, litigation & enforcement, privacy & cybersecurity, and business restructuring. Ropes & Gray is an equal opportunity employer.

Overview

As a Benefits Consulting Group Analyst you will contribute to a wide variety of projects involving the design, pricing, funding, implementation and ongoing management of a full array of employer sponsored health, welfare and retirement benefit plans. You will interface and work directly with internal consultants, lawyers, actuaries and other benefit professionals.  Over time you will work directly with key clients and their benefits vendors and administrators to ensure smooth, accurate and financially competitive delivery of benefits products and services.

Responsibilities

Essential Functions

• Perform quantitative analysis of various aspects of employer sponsored benefit plans, including preparation of summaries and in-depth analyses, to assess cost, utilization, competitiveness and employee impact
• Preparation of government forms and related filings (e.g., Form 5500, Form 5300, etc.)
• Perform general and market specific benefit plan research as requested by principals, consultants and clients and provide value added analysis and summaries
• Assist principals, consultants and clients with strategic benefits planning sessions including preparation, facilitation and follow-up items
• Generate written and other data-driven presentations for internal audiences and client-facing meetings
• Assist consultants and principals with development of client-initiated RFPs (Request For Proposal) for health, welfare and retirement plans including project management, drafting, analysis, research, coordination and execution of the RFP
• Review and facilitate benefit plan service agreements, plan documents, polices and other benefit plan compliance-related materials
• Assist in ensuring benefit programs comply with applicable federal, state, and local regulations (ERISA, ACA, HIPPA, etc.)

Knowledge, Skills & Abilities

• Maintain excellent attention to detail in all work product
• Strong communication, facilitation and presentation skills
• Ability to effectively and accurately manage multiple tasks and complex projects in a fast-paced environment
• Project management, including ensuring tasks, timelines and other related items are completed internally as well as with third-party vendors
• Proven dedication to outstanding client service
• Strong written and verbal communication skills
• Ability to communicate effectively with internal and external client contacts at all levels of seniority
• Ability to draw targeted and relevant conclusions from data and client specific information using analytical and strategic reasoning
• Strong software skills including advanced knowledge of Microsoft Office, Excel, Word, and PowerPoint

Qualifications

Education and Experience Required

• Bachelors’ Degree required
• 2–4 years of professional work experience in retirement plan services is preferred
• Candidates with experience in both retirement and health & welfare services are encouraged to apply
• Training in health & welfare services will be provided for candidates who primarily possess retirement experience

Compensation and Total Rewards Package

Ropes & Gray is proud to offer a comprehensive Total Rewards package to our business support team members. The firm also offers comprehensive health and well-being benefits, personal and professional development, career growth opportunities and a collegial and supportive culture. The anticipated pay range for this role is listed below and represents our good faith and reasonable estimate of the starting salary range at the time of posting. In addition, this role is eligible for a discretionary bonus based on performance. The actual offered rate for this position will be determined based on job-related, non-discriminatory factors, including qualifications and experience, geographic location, education, external market data and consideration of internal equity.

Boston & New York: $80,0000-$120,000 

Working Conditions

This position requires hybrid on-site presence as an essential function of the role. Consistent and predictable on-site presence is required for ongoing business continuity, professional development and effective collaboration with colleagues and management.