EB Benefits Analyst II

Requirements

Responsible for analyzing information and creating financial deliverables for clients with less complex benefit programs.

Prepare standard analyses with minimal customization. Analyses may include: Market review analysis, Renewal rate and funding projections and modeling, Analysis of claims utilization, Rate and Contribution analysis, Claims experience reports, Benchmarking, Financial funding analysis with guidance, Develop alternative strategies, plan modeling, and cost reduction opportunities.

Perform technical analysis of group insurance contracts and financial arrangements. Serve as primary contact with insurance carriers for marketing coverage for new business quotes and renewal. Includes requesting quotes, evaluating options, and conducting fact-based negotiation of rates and benefit features. Develop and maintain excellent carrier relationships.

Analyze claims experience data. With guidance identify financial performance conclusions. Write client facing Executive Summaries that provides observations and findings. With guidance, recommend solutions and next steps. Prepare carrier and client written correspondence. Includes carrier renewal confirmation letters and client renewal letters.

Participate in the peer review process, primarily as the reviewed party. May also act as a reviewer, predominantly for Associate Analyst I and Analyst II work. Receive assistance and guidance from Benefit Analyst Team mentors. With guidance, use analytic tools.

Keep current on industry information, technology, and trends. Successfully maintain and service a full book of business.

Qualifications

• 1 year + 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.
• Comfortable with internet-based programs and Microsoft Office products.
• Ability to carry out complex tasks with many concrete and abstract variables.
• Strong problem solving and critical thinking skills.

Skills

• Knowledge of employee benefits or related field.
• Technical analysis of group insurance contracts and financial arrangements.
• Excellent communication and negotiation skills.
• Proficiency in internet-based programs and Microsoft Office products.
• Problem-solving and critical thinking skills.

Benefits

• Health, welfare, and financial 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.
• Opportunity for a monthly incentive bonus, commissions, and equity program.

Pay

$65,000- $75,000.

Schedule

Hybrid