Benefits Analyst II
Alliant Insurance Services · New York, NY · 2 days ago
Human ResourcesFull-time
About the role
As one of the 5 largest insurance brokerage firms in the U.S., Alliant provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services to clients nationwide. This position offers a chance to join a dynamic, expanding company with prospects for individual and career growth.
Responsibilities
- Initiates recurring analyst renewal projects on assigned accounts (pre-renewal spreads, carrier renewal process initiation, information requests, etc.)
- Gathers, reviews and validates all information related to assigned clients for renewal analysis and marketing purposes, gaining comprehensive familiarity with client’s current details and history.
- Evaluates carrier utilization reporting to identify key cost drivers and make recommendations for possible plan design changes.
- Collaborates with all current insurance carriers and vendors to obtain preliminary and/or firm renewals and prepares initial financial summary and benefit highlights.
- Presents preliminary renewal summaries and marketing results to account team to determine plan options and/or marketing strategy.
- Works with account team to develop and execute negotiation strategy.
- Presents all final results to account team.
- Determines content and structure of renewal presentation and identifies analytical support materials (i.e.; utilization review, contribution strategy, benchmarking, financial reporting, etc.).
- Executes all relevant plan option requests, marketing projects and necessary analysis to complete account strategy objectives.
- Reviews all marketing and plan option responses, evaluates for accuracy and completeness, and requests clarifications and revisions as needed.
- Handles ongoing (monthly/quarterly) client maintenance projects as determined by account team.
- Reviews team members work for accuracy and completeness as needed.
- Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information).
Qualifications
- Bachelor’s degree or equivalent combination of education and experience. Degree in Business or Mathematics preferred.
- One (1) or more years related work experience.
- Valid insurance license (or must be obtained within ninety (90) days of employment).
- Must continue to meet Continuing Education requirements for license renewal.
- Basic knowledge of compliance topics (HIPAA, COBRA, ACA, Medicare).
- Basic knowledge of programs (know of existence and how to get a quote).
- Salesforce Experience (preferred).
- Knowledge of all major fully-insured and self-funded lines of benefits insurance (Medical, Dental, Vision, Life and Disability, EAP).
- Proficient in Microsoft Office Suite: Excel, Power Point, and Outlook.
- Intermediate skills in Microsoft Excel.
- Excellent verbal and written communication skills.
- Excellent problem solving and time management skills.
- Good customer service skills, including telephone and listening skills.
- Excellent planning, organizational and prioritization skills.
- Ability to work within a team and to foster teamwork.
- Ability to work productively as an individual to accomplish assigned projects.
- Ability to prioritize work for multiple projects and deadlines.
Benefits
We are proud to provide comprehensive, high quality employee programs to meet employees' needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer.
Pay
Details on pay are not specified in the job posting.
Schedule
The position offers a hybrid work schedule with an in-office requirement.