EB Benefit Analyst III

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 industry and new product information, legislation, technology, and trends.
• Technical analysis of group insurance contracts and financial arrangements.
• Negotiation and marketing of coverage for new business quotes and renewals.
• Review and validation of carrier renewal rating illustration.
• Analysis of experience and claims utilization data.
• Identification of trends and relationship of experience to renewal rating.
• Suggestion of action items.
• Writing of client facing Executive Summaries.
• Occasional use of USI internal and third-party external tools.
• Participation in peer review process.
• Occasional participation in new Analyst onboarding training.

Benefits

• Full suite of competitive benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs.
• Generous paid time off policy, paid family leave benefit as well as paid holiday time.

Pay

Commensurate with experience.

Schedule

N/A