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.