Associate Benefits Analyst
About the role
The Opportunity Our service professionals play a vital role in supporting our clients with day-to-day account management, claims management, and underwriting services that ensure they have what they need to protect what matters most. Through a robust network of resources, you will be amongst some of the industry’s top talent to help guide and support our customer’s needs and provide them with innovative insurance solutions.
Responsibilities
- Manages an assigned book of business, providing technical support that requires a thorough understanding of employee benefits, ability to think critically, and provide strategic direction.
- Develops and communicates strategy for Request for Proposal (RFPs), results and reports to carrier partners/vendors.
- Interprets client’s needs and makes recommendations on direction of RFP and contribution analysis.
- Understands and analyzes the respective markets and products in order to find the best solutions to meet client’s needs.
- Examines benefits and claims data for inclusion in RFPs, organizes carrier & vendor bids received and follows up on non-responses and late submissions.
- Negotiates with carriers throughout the RFP process. Addresses carrier questions during RFP process and advises carriers on the client benefit strategy.
- Conducts claims analysis and contribution modeling.
- Interprets census data and evaluates it for accuracy.
- Communicates with Account Executives and Producers on status of marketing activity.
- Reviews insurance bids for compliance with specifications, identifying key differences in bids, and maintaining client databases within internal systems.
- Creates and updates templates used during the strategy and marketing process.
- Adds to and maintains client access to external online portals.
- Provides training as a subject-matter-expert to other Client Services team members on various topics.
- Manages and assists with client-related service issues and open enrollment meetings.
Requirements
- Bachelor’s degree preferred.
- 1-2 years related experience and/or training or equivalent combination of college work and work experience.
- Must have advanced Excel skills, strong verbal and written communication skills and team commitment.
- Must hold (or be willing to obtain) a valid CA Life Agent license.
- Demonstrated math aptitude to include the ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages.
- Demonstrated intermediate knowledge of Microsoft Office with advanced skills in Excel.
- Knowledge of Project Management software and Database software is a plus.
Qualifications
- Less than 1 year of relevant experience.
Skills
- Advanced Excel skills.
- Strong verbal and written communication skills.
- Intermediate knowledge of Microsoft Office with advanced skills in Excel.
- Knowledge of Project Management software and Database software.
Benefits
- Comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.
Pay
The expected hourly rate for this position is $23.00 - $24.03 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level.
Schedule
No Travel Required
Department
Account Management & Service
Required Education
Bachelor's degree (4-year degree)
Company
HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.