Jobs · Human Resources · Minnesota

EB Benefit Analyst III

USI Insurance Services · Bloomington, MN · 1 wk ago
Human Resources$75k–$85k/yrFull-time

Requirements

Responsible for analyzing information and creating financial deliverables for clients with standard to complex benefit programs. Includes fully insured and self-funded clients.

  • Prepare standard analyses with occasional customization.
  • Perform technical analysis of group insurance contracts and financial arrangements.
  • Serve as primary contact with insurance carriers. Negotiate and market coverage for new business quotes and renewals.
  • Review and validate carrier renewal rating illustration.
  • Analyze experience and claims utilization data for financial and plan usage conclusions.
  • Identify trends and relationship of experience to renewal rating.
  • Suggest action items.
  • Write client facing Executive Summaries that provide observations, conclusions, recommendations, and next steps.
  • Occasionally conduct analysis using USI internal and third-party external tools.
  • Participate in peer review process as a participant and a reviewer.
  • Occasionally participate in new Analyst onboarding training.

Qualifications

3 years + of experience in employee benefits or related field. High School Graduate. College degree preferred.

  • Must hold or be willing to obtain a state Life & Disability insurance license.
  • Ability to work in a fast-paced, team environment with minimal instruction.
  • Ability to manage and negotiate multiple priorities and deadlines.
  • Strong written, verbal, and interpersonal communication skills.
  • Working knowledge of Microsoft Office products, including Excel and Word.
  • Ability to become proficient in internal analytic systems and carrier online reporting tools.
  • Strong problem solving and critical thinking skills.
  • Ability to carry out complex tasks with many concrete and abstract variables.

Skills

  • Knowledge of employee benefits or related field.
  • Ability to work in a fast-paced, team environment.
  • Strong written, verbal, and interpersonal communication skills.
  • Proficiency in Microsoft Office products.
  • Ability to become proficient in internal analytic systems and carrier online reporting tools.
  • Strong problem solving and critical thinking skills.

Benefits

  • $75,000- $85,000 salary range.
  • 401(k) plan.
  • Flexible spending and health savings accounts.
  • Short and long-term disability.
  • Life insurance.
  • Unique employer-sponsored and voluntary programs.
  • Paid time off policy.
  • Paid family leave benefit.
  • Paid holiday time.

Pay

$75,000- $85,000. Actual salary is dependent on skill set and experience, with an opportunity for a monthly incentive bonus, commissions, and equity program.

Schedule

N/A. The schedule is not specified in the job posting.

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