Financial Coordinator - Employee Benefits

About the role

Assist with maintaining the HUB financial database for regular tracking of client plan costs
Responsible for the development of monthly, quarterly, and year-end financial reporting
Create summaries that benchmark existing benefit plan provisions and costs to marketplace standards and recommend changes for benefit competitiveness
Assist with the evaluation and negotiation of fully-insured and self-funded renewals for selected book of business
Help with initial creation of client medical, prescription drug, dental, vision, and life and disability budgets
Respond timely to emails, messages, and other requests
Conduct vendor calls to escalate and resolve client reporting issues
Attend and actively participate in internal meetings for the Financial Management Group

Responsibilities

Evaluate and negotiate fully-insured and self-funded renewals for selected book of business
Create summaries that benchmark existing benefit plan provisions and costs to marketplace standards and recommend changes for benefit competitiveness
Respond timely to emails, messages, and other requests
Conduct vendor calls to escalate and resolve client reporting issues
Attend and actively participate in internal meetings for the Financial Management Group
Support the process for evaluating proposals in the vendor procurement process
Stay abreast of current health and welfare benefit strategies by researching marketplace tendencies and initiating/participating in vendor discussions
Develop and maintain mutually beneficial working relationships with colleagues and vendors
Work towards the overall improvement of the organization

Requirements

Bachelor’s degree from four-year college or university
Internship experience is preferred but not required
Financial and analytical skills are required
Interest in health care and consulting very beneficial

Qualifications

Less than 1 year of relevant experience
No travel required
Bachelor's degree (4-year degree)

Skills

Financial and analytical skills
Health care and consulting interest

Benefits

Comprehensive benefit and total compensation packages including health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.

Pay

The expected salary range for this position is $28.21 to $33.33 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level.

Schedule

No travel required