Program Financial Specialist

Program Financial Specialist I - Employee Benefits

Irvine, CA, USA

At Alliant Insurance Services, we thrive on creating employee benefits solutions built on the idea that health makes growth possible. As top tier professionals dedicated to solving our clients' health and welfare insurance challenges, Alliant team members deliver an unrivaled depth of service, and our unique approach enables us to help clients stay resilient and turn change into opportunity. This position is a chance to join a dynamic, expanding company with prospects for individual and career growth.

As one of the 10 largest insurance brokerage firms in the U.S., Alliant provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services to clients nationwide. More information is available at  .

Responsible for working with Alliant's Public Entity Program Account and Underwriting Teams to develop, maintain, and/or support financial activities. Provides creative business solutions in order to support the Employee Benefits' Public Entity insurance purchasing and risk pools governed by Joint Power Authorities (JPA).

• Establish new business quoting process with Underwriting Team for all Program coverages.
• Perform analysis and review of prospect detail proposal information ensuring program quote approval documents adhere to carrier and client requirements prior to submittal to JPA.
• Responsible for full coordination of new business quotes and plan change requests with Program carriers to ensure accuracy of plan documents and work to resolve discrepancies with the carrier.
• Liaise with Underwriting team and JPA to assess and resolve any outstanding questions or concerns.
• Responsible for the review of rates prior to client submittal by verifying various program components are accounted for and calculated accurately.
• Responsible for the annual client renewal letter process deliverables which includes drafting, configuring, and testing system template letters, ensuring financial rate information is accurate, and letters are distributed timely.
• Maintain Public Entity Programs Financial Database within applicable applications.
• Maintain Rate Grids and communicate with business partners.
• Deliver new business quotes and plan changes to Account Service Teams.
• Support communication efforts by conveying financial proposals and Program financial data to Service Teams.
• Comply with agency management system data standards and data integrity (enters and maintains complete and accurate information).
• Perform other duties as assigned.

Bachelor's Degreein finance or business-related field or equivalent combination of education and experience

Prior related work experience

Must continue to meet Continuing Education requirements for license renewal

Valid Insurance License within 90 Days

• Knowledge of business and financial concepts and principles
• Knowledge of financial procedures and methods, and how to apply them to business transactions
• Knowledge of laws and regulations pertaining to insurance and financial operations
• Skill in communicating effectively verbally and in writing as appropriate for the needs of the audience
• Excellent time management, problem-solving, and organizational skills
• Ability to work and maintain a high level of responsiveness in a fast-paced, dynamic environment
• Proficient in Microsoft Office Suite
• Ability to analyze, consolidate, and interpret financial data
• Ability to work within a team and to foster teamwork
• Ability to work productively as an individual to accomplish assigned projects
• Ability to prioritize work for multiple projects and deadlines

We are proud to provide comprehensive, high quality employee programs to meet employees’ needs now and in the future, including a very competitive financial package.

We encourage you to explore what we have to offer.

For immediate consideration for this position, please click on “Apply Now