Financial​/Actuarial Consultant

Financial/Actuarial Consultant

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Essential Duties and Responsibilities:

• Project client claim data to develop budgets, calculate client rates, benefit costs, and IBNR reserves

• Review experience reporting for accuracy

• Collaborate with consultants and account teams to prepare and deliver client financial presentations

• Assess complex client risk, understanding the strategic implications of the competitive carrier/product marketplace, and make sound underwriting-based assumptions

• Manage and oversight of underwriting support team

• Renew and market carriers for assigned book of business

• Analyze / negotiate annual renewals and proposals from carriers for accuracy and financial reasonableness

• Submit coverage specifications and obtain quotes from potential carriers

• Analyze client demographics and other data to determine risk and appropriate carrier product solutions

• Assist with product/service quality improvement initiatives as needed

• Assists service team in educating clients regarding utilization, carrier reports, and third party vendor applications used to view claims and financial data

• Educates service team regarding experience reporting, utilization, carrier reports, self-funding options, etc.

Key

Competencies:

• Advanced knowledge of coverages and services regarding employee benefits

• Advanced knowledge of navigating the Internet as well as various Microsoft Office programs to include Windows, Outlook, Word, PowerPoint, and Excel

• Strong attention to detail and time management abilities

• Strong ability to multi-task and assign priorities

• Ability to work effectively and efficiently both with and without direct supervision

• Ability to work effectively and efficiently in a team environment as well as independently

• Good interpersonal communication skills

Education and/or

Experience:

• Bachelor's degree required

• Minimum of five years' experience performing financial analysis at a benefits consulting or brokerage firm, or comparable experience with an insurance carrier, or TPA

• Must have advanced working knowledge of a variety of Microsoft Office computer software applications to include Windows, Outlook, Word, PowerPoint, and Excel

• Must be able to work in a fast-paced environment with demonstrated ability to juggle multiple competing tasks and demands

• Must have a high level of interpersonal skills to handle sensitive and confidential situations. The position continually requires teamwork, responsiveness, demonstrated poise, tact, and diplomacy.

• Must be comfortable presenting analysis directly to clients

Certificates, Licenses, Registrations:

• Life and Health License

• Valid Driver License

Salary and Benefits:

Salary is based on background and experience. Benefits include full medical, pharmacy, dental, vision, life and disability insurance, paid vacation, sick leave, 401k match and annual bonus potential.

Why EPIC:

EPIC has over 60 offices and 3,000 employees nationwide – and we're growing! It's a great time to join the team and be a part of this growth. We offer:

• Generous Paid Time off
• Generous leave time options:
  Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
• Generous employee referral bonus program of $1,500 per hired referral
• Employee recognition programs for demonstrating EPIC's values plus additional employee recognition awards and programs (and trips!)
• Employee Resource Groups:
  Women's Coalition, EPIC Veterans Group
• Professional growth & development:
  Mentorship Program, Tuition Reimbursement Program, Leadership Development
• Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
• Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance…