Benefits Analyst, Employee Benefits

About Hub

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

The Opportunity

The Benefits Analyst plays a crucial role in supporting client goals by providing technical and underwriting support, including renewal analysis, benchmarking, and contribution modeling.

Duties & Responsibilities

• Functions as the analytical subject matter in strategy meetings with Account Executive and Producer
• Supports renewal analysis, benchmarking, and contribution modeling
• Addresses carrier questions during Market Analysis process and advises carriers on the client benefit strategy
• Conducts the Market Analysis process: Develops and communicates strategy for Market Analysis, analyzes Market Analysis results, and prepares internal summaries and presentation content
• Examines benefits and claims data for Market Analysis, including reviewing census files and ensuring data accuracy
• Organizes and tracks carrier and vendor bids, follows up on outstanding submissions, and addresses carrier questions during the process
• Reviews insurance bids for compliance with specifications, identifying key differences in bids, and maintaining client databases within internal systems
• Supports plan change tracking, rate negotiations, renewal analysis, benchmarking, and contribution modeling
• Creates and updates templates, timelines, exhibits, and presentation-ready reports for internal and client use
• Performs other duties and projects as assigned

Qualifications

• High School / GED required; Bachelor’s degree preferred
• 2-4 years related experience and/or training or equivalent combination of education & experience
• Must hold a valid CA Life Agent license
• Knowledge / Skills / Abilities:
• Ability to effectively and professionally communicate orally and in writing with internal and external customers
• Ability to write reports, business correspondence, and procedure manuals
• Computer Skills: 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 effectively work with a team and coach others in developing their skills and abilities
• 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

Core Competencies & Leadership Capabilities

• Recognizes how daily tasks fit into the big picture
• Engages in learning and development using a growth mindset
• Understands the principles and procedures of the business
• Looks for ways to improve efficiencies and generate revenue
• Recognizes the need to adapt and respond to change
• Works collaboratively with others to achieve common goals
• Communicates clearly and openly

Working Conditions And Physical Demands

• This position primarily involves remaining in a stationary position for the majority of the workday.
• The person in this position frequently communicates with colleagues and clients both in person and on the telephone;
• Must be 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.

WHY CHOOSE HUB?

• HUB offers a competitive, exciting and friendly work environment that strategically positions employees for longevity and success.
• We invest in the future of our employees, providing continuous opportunities for growth and development.
• We foster an entrepreneurial culture that empowers our people to make the best decisions for our customers and organization.
• We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs, yet evolve as your needs change over time.

Department Account Management & Service

• Required Experience: 1-2 years of relevant experience
• Required Travel: No Travel Required
• Required Education: High school or equivalent