Benefits Analyst

Essential Duties And Responsibilities

• Works with client team to determine bid and renewal strategy for mid-market client accounts
• Provides detailed plan design and cost information to service team
• Works with client or prospective client to identify and evaluate the client’s specific characteristics including; benefit needs, design, group demographics and employee census
• May assist with benchmarking and trend analysis
• Gathers information and provides analysis and recommendations to client’s existing coverage
• Requests census and RFQs from client, primarily for ancillary coverages
• Processes RFQs received from clients
• Prepares RFPs for client renewal or prospective groups, to include employee census, current/renewal plan design/rate information, and historical claims experience data
• Collaborates with client team to select employee benefit markets for solicitation and negotiates with incumbent and bidding carriers for benefit and premium considerations
• Negotiates with incumbent and bidding carriers to ensure most competitive rates or products for clients and prospective clients
• Serves as a technical expert, assisting other team members to resolve complex issues
• Produces cost/benefit analysis for inclusion in proposal to be presented to clients
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information)
• Other duties as assigned

Qualifications

• Bachelor's Degree or equivalent combination of education and experience
• Two (2) or more years of related work experience
• Encouraged to complete Career Path requirements as communicated by Supervisor
• Valid Insurance License or willing to obtain in 120 days (company paid)
• Must continue to meet Continuing Education requirements for license renewal

Skills

• Proficient in Microsoft Office Suite
• Good verbal and written communication skills
• Good customer service skills, including telephone and listening skills
• Good problem solving and time management skills
• Intermediate typing skills (30-35 wpm)
• Ability to work within a team and to foster teamwork
• Ability to prioritize work for multiple projects and deadlines