Employee Benefit Analyst IV

About the role

Join a high‑performing Employee Benefits team that is committed to developing talent and investing in its people. USI is currently looking to add an EB Analyst IV to our team. As an Employee Benefits Analyst IV you will be responsible for independently analyzing information and creating financial deliverables for large clients with complex, primarily self‑funded benefit programs.

Responsibilities

• Responsible for financial analytics for clients that are self‑funded; typical client size is larger than 1,000 lives.
• Prepare analyses often with customization, including 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, IBNR and lag analyses, and multi‑year technical claims review with utilization metrics, gap in care, cost modeling, and benchmarking.
• Develop alternative strategies, plan modeling, and cost reduction opportunities, including developing custom illustrations to present financial metrics according to client preferences.
• 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 (requesting quotes, evaluating options, negotiating rates and benefit features, preparing renewal/new plan options with executive summary).
• Develop and maintain excellent carrier relationships.
• 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 renewal activities based on findings.
• Provide guidance and support to analysts on financial and utilization data analysis.
• Independently write client‑facing Executive Summaries that provide observations, conclusions, recommendations, and next steps; articulate USI strategic objectives.
• Prepare carrier and client written correspondence, including carrier renewal confirmation letters and client renewal letters.
• Regularly conduct analysis using USI internal and third‑party external tools (USI 3D, USI Clear Options Rx, actuarial tools).
• Collaborate with service team members to ensure deliverables align with clients’ strategic objectives; make recommendations for client actions based on analysis of customer data.
• Act as a resource for sales executives in developing strategic plans and solutions for clients and prospects.
• Occasional participation at client meetings to review financial deliverables.
• Assist with team development as directed by the Team Lead (de