Business Analyst-Life

About the role

Equitable helps clients secure their financial well-being so they can pursue long and fulfilling lives. We are seeking a dynamic Business Analyst-Life associate to join our growing team in Springfield, IL. This is an in-office role that allows you to stay fully engaged with your team to provide outstanding, customer-focused service during core hours (8:00 AM–5:00 PM). Office location is 4341 Acer Grove Road, Suite C300, Springfield, IL 62711.

Responsibilities

• Gather and analyze data to prepare and distribute existing plan annual reviews.
• Apply expert-level knowledge of plans to identify anomalies in data, improving the preparation and presentation of reviews and proposals.
• Use problem-solving techniques to present optimal analysis and proposed changes to plans.
• Run in-force illustrations and alternate proposals to provide projections for insureds, enabling informed decisions regarding their policies.
• Learn new product characteristics to adjust parameters of the typical review process.
• Understand CES products and software in creating case studies, including capacity analysis.
• Develop financial models using Excel and carrier software.
• Accurately enter data and proactively address errors prior to distributing materials.
• Answer questions from Advisors regarding prepared materials to positively impact retention.
• Communicate complex concepts with ease to individuals at all levels of product understanding.
• Handle multiple priorities with large volumes of work and associated deadlines.
• Use Excel and other MS Office tools effortlessly.
• Execute the CES LIPQ system and SERP Builder tools to maximize efficiency and effectiveness in building plans.
• Understand the importance of concierge-level service and the treatment philosophy toward CES advisors.
• Complete ad hoc projects related to multi-life and LIP marketing and design.
• Manage compliance approvals for marketing materials used in the sales process.

Requirements

• Bachelor’s Degree.
• 1+ years of experience in analytical positions.
• Strong math skills.
• Excellent knowledge and application of Excel and MS Office tools, with the ability and interest in learning all supportive software for the role.
• Strong analytical background.

Preferred Qualifications

• Experience in Insurance.
• Expert-level knowledge of product, policy, and plan details.
• Strong interpersonal skills and ability to ask questions to maximize learning and proficiency.
• A solution-based mindset and creative thinking skills.
• Strong marketing communication skills.
• Self-motivated with the ability to work with large work volumes and short deadlines.
• Strong organizational and project management skills.

Skills

• Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
• Cross-functional Collaboration: Knowledge of collaborative techniques and approaches; ability to promote a culture of continuous improvement and working together across functions to solve business problems and meet business goals.
• Financial Planning Instruments (Pensions, Annuities, etc.): Knowledge of financial planning products, market segments, and marketplaces; ability to analyze and apply knowledge of financial planning products to meet financial goals and objectives.
• Insurance Legal and Regulatory Environment: Knowledge of federal, state, and local laws and regulations; ability to comply with these laws and regulations in insurance industry practices and activities.
• Insurance Policies Management: Knowledge of issues, components, content, and operations related to insurance policies; ability to create, revise, implement, and manage the policies.
• Knowledge of Insurance Operations: Knowledge of the full spectrum of activities, practices, tools, and considerations for insurance operations; ability to apply knowledge of insurance operations to provide administrative support to the insurance business.
• Knowledge of Product Line: Knowledge of methodologies, tools, and techniques for specific products; ability to develop product line processes and strategies.
• Diversity, Equity, and Inclusion: Demonstrates a commitment to diversity, equity, and inclusion by treating everyone with respect and dignity, ensuring all voices are heard, and advocating for change.

Pay

The base salary range for this position is $58,000 - $60,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities.

Benefits

Equitable provides a full range of benefits for eligible employees, including:

• Medical, dental, and vision coverage.
• 401(k) plan.
• Paid time off.

Schedule

Full-time, in-office role with core hours of 8:00 AM–5:00 PM.