Self-Funded Insurance Analyst II
NFP, an Aon company · Independence, OH · 1 wk ago
On-siteBusiness Development$80k–$100k/yrFull-time
Posting Description Essential Duties And Responsibilities Review self-funded, financial reports and provide comments to Account Management team for monthly or quarterly discussionsMange claims audit, dependent audit, and plan optimization/contribution differential analysis processDevelops self-funded renewal projections, assist in the preparation of financial renewal summary, prepare alternate funding optionsPrepare stop loss sensitivity analysis for self‐insured clientsReview client IBNR reserve analysis templates prior to actuarial reviewProof exhibits created by Level 1 Analysts for mathematical, formulaic, spelling, grammatical and branding errors and ensure they are client readyUpdate excel‐based templates/models to improve the reporting or renewal processAttends seminars or educational activities to stay up‐to‐date on the latest developments, trends and regulations in the market placeAttend client meetings on an as-needed basis to review financial reportsMaintain confidentiality and HIPAA compliance with all client information obtained in the course of work.Build and maintain solid relationships carrier sales representatives and Account Management teamsAdditional duties as assigned Knowledge, Skills, and/or Abilities: Critical Thinking – Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problemsActive Listening – Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate timesStrong Presentation/Speaking Skills – Effectively communicating with others in an individual or group environment to articulate the items or information neededProject Management – Taking ownership of the project and seeing it through to completion through complex problem solving, operational analysis, quality control analysis, technology design, and exceptional time managementMulti-Tasking – Efficiently organize work and manage time in order to meet deadlines and remain on task with designated timelinesKnowledge of benefits administration, healthcare reform, industry trends, carrier products and services preferredAbility to correspond on all financial issues in a clear, concise and persuasive mannerAbility to effectively establish rapport, present information and respond to questions from managers, clients and coworkersAbility to work independentlyStrong Communication and analytical skillsLess than 10% travel required Education and/or Experience: Four-year college or university degree. Finance/Statistics/Mathematics is preferred or 6+ years of equivalent work experience3‐5 years of related experience and/or training with a carrier, consultant or brokerStrong Microsoft Excel skills requiredMicrosoft Access and Microsoft Power BI and Power Query skills preferred Certificates, licenses, registration Employees required to possess or obtain the Ohio Life and Health License within 4 months of employment.Ongoing Education: CE Requirements Physical demand The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Ability to sit at a desk or computer for long periods of timeMust be able to lift and carry up to 10 pounds What We Offer: We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $80,000.00 – $100,000.00. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. NFP and You... Better Together! NFP is an inclusive Equal Employment Opportunity employer. 2589437