Associate Benefits Analyst, Employee Benefits

About the role

HUB advises businesses and individuals on preparing for the unexpected. As one of the world's largest insurance brokers, our focus is on providing peace of mind through tailored insurance solutions and unrelenting advocacy.

Opportunity

The Associate Benefit Analyst plays a critical role in maintaining client relationships. They collaborate with Producers and Account Managers to manage an assigned book of business, providing medical plan marketing services, claims experience reporting, and technical support.

Duties & Responsibilities

• Functions as the medical analytical subject matter expert in strategy meetings with Account Executive/Producer, including communication of marketing activity status and claims utilization analysis.
• Creates and updates claims experience reporting models and provides analysis and commentary to the Client Service team.
• Ledges the Medical Market Analysis process: Develops and communicates strategy, analyzes results, reports to carrier partners/vendors, and negotiates throughout the RFP process.
• Addresses carrier questions during Medical Market Analysis process and advises on client benefit strategy.
• Examines benefits and claims data for inclusion in Medical Market Analysis, organizes carrier & vendor bids, and follows up on non-responses and late submissions.
• Conducts claims analysis and contribution modeling, interprets census data, and evaluates for accuracy.
• Reviews insurance bids for compliance, identifies key differences, and maintains client databases within internal systems.
• Creates and updates internal systems and templates used during the strategy and marketing process, submits reports, and performs peer reviews.
• Performs other duties and projects as assigned.

Qualifications

• High School/GED required; Bachelor’s degree preferred
• 1-2 years related experience and/or training or equivalent combination of education & experience
• Must hold a valid Life & Health Insurance Agent license, or be able to obtain one within 120 days of employment
• Knowledge / Skills / Abilities:
  • Effective and professional communication orally and in writing with internal and external customers
  • Proficiency with Microsoft Office Suite, advanced skills in Excel; Project Management software and Database software preferred
  • Desire to learn and grow within the insurance industry
  • Confidence and demeanor to effectively interact with all levels within the organization
  • Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages
  • Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
  • Problem Solving: Ability to identify complex problems and review related information to develop and evaluate options and implement solutions
  • Ability to prioritize and organize multiple tasks and responsibilities in order to complete assignments on time and with optimal accuracy

Working Conditions And Physical Demands

• Primarily involves remaining in a stationary position for the majority of the workday
• Frequent communication with colleagues and clients both in person and on the telephone
• Able to communicate and exchange accurate information
• Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer
• Occasionally moves about inside the office to access file cabinets, office machinery, etc.

Why Choose HUB?

• Competitive, exciting, and friendly work environment
• Continuous opportunities for growth and development
• Entrepreneurial culture fostering decision-making for customers and organization
• Comprehensive benefit and total compensation packages including health/dental/vision/life/disability insurance, FSA, HSA, 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity, and commissions for some positions

Department

Account Management & Service

Required Experience

• 1-2 years of relevant experience

Required Travel

• No travel required

Required Education

• High school or equivalent