Senior Employee Benefit Analyst

The Role

The Senior Employee Benefits Analyst serves as a lead analytical resource for public sector clients, responsible for delivering advanced financial analysis, strategic reporting, and data-driven insights across complex employee benefit programs.

Responsibilities

• Lead complex renewal analyses across all lines of coverage, including non-market and negotiated plans.
• Evaluate claims experience, utilization trends, and financial performance to identify risks, opportunities, and cost drivers.
• Develop strategic, data-driven recommendations that support long-term benefits planning and funding strategies.
• Lead the development and execution of Request for Proposal (RFP) processes for assigned clients.
• Analyze and compare carrier proposals, identifying competitive positioning and financial impact.
• Support and actively participate in carrier negotiations in partnership with the Benefits Consultant.
• Develop and deliver advanced financial and management reporting (scheduled and ad hoc).
• Present renewal analyses, performance results, and recommendations to client staff, committees, and leadership groups.
• Translate complex financial and healthcare data into clear, concise, and client-focused insights.
• Partner with the Benefits Consultants in the strategic planning and design of client benefit programs.
• Support ongoing decision-making and plan optimization for assigned clients.
• Contribute to the evaluation and recommendation of new services, vendors, or program enhancements.
• Review and interpret compliance requirements including 112.08 filings, OPEB reporting, and imputed income analysis.
• Ensure analyses incorporate applicable regulatory and legislative considerations (e.g., ACA, COBRA, healthcare reform).
• Support due diligence, compliance reviews, and regulatory reporting requirements.
• Create financial reports for all funding arrangements, including fully insured and self-funded plans.
• Mentor and guide Analysts on financial modeling, reporting standards, and analytical techniques.
• Review work for accuracy, consistency, and quality prior to client delivery.
• Support onboarding and training of new analytical team members.
• Collaborate with Client Services, Consultants, carriers, and vendors to ensure aligned execution and client outcomes.
• Contribute to process improvements, standardization efforts, and analytical best practices.

Requirements

Successful Candidates Will Have:

• Bachelor’s degree in Finance, Accounting, Mathematics, Economics, Business Administration, Public Health, or a related field.
• 5+ years of experience in employee benefits, analytics, brokerage, or consulting.
• Advanced experience with: Renewal and financial analysis, Claims and utilization reporting, RFP development and carrier evaluations.
• Strong knowledge of: Fully insured and self-funded benefit plans, Employee benefits regulations (ACA, COBRA, etc.).
• Public sector experience preferred.

Benefits

Success Factors / KSAs (Senior Level):

• Advanced analytical and financial modeling capabilities.
• Ability to translate complex data into strategic insights and recommendations.
• Strong presentation and client-facing communication skills.
• High attention to detail and commitment to data accuracy.
• Strong problem-solving and critical thinking skills.
• Ability to mentor and develop junior team members.
• Advanced Excel proficiency and experience with large datasets.
• Ability to collaborate effectively across teams and functions.

Company Information

Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm delivering comprehensive and customized insurance solutions and specialization since 1939. With a global presence spanning 700+ locations and a team of approximately 23,000 professionals, we are dedicated to delivering scalable, innovative strategies for our customers at every step of their growth journey. Learn more at BBrown.com.