Specialty Benefits Analyst - Stop Loss; Remote

Position: Specialty Benefits Analyst - Stop Loss (Remote)
** Resp & Qualifications*
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* PURPOSE:

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* The Analyst, Specialty Market supports Care Firsts sales activities by creating Stop Loss insurance proposals for both new sales and renewal group business.  Utilizes knowledge of stop-loss, self-funding arrangements and benefit plans, to analyze Stop Loss market information and trends to ensure Stop Loss proposals are comprehensive and competitive to meet client needs.

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* ESSENTIAL FUNCTIONS:

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* + Works with external stop-loss vendors to secure quotes for new TPA and Care First business.  Analyzes census data, shock reports and claims history for current TPA and Care First groups to evaluate current Stop Loss coverage and develop proposal for the group renewal.  Analyzes quotes from insurance carriers, and ensures that quoted groups receive appropriate and competitive coverage based on group needs and industry trends.

+ Consults with insurance carriers to understand differences between requested and provided quotes, clarifies group needs and ensures carriers provide competitive quotes with appropriate coverage levels.  Analyzes quote term differences, makes recommendations and creates Stop Loss proposals in collaboration with the appropriate TPA and Care First sales teams.  Accurately enters all stop loss quote and proposal information into Salesforce and ensures correct stop loss illustration is sent to brokers and/or groups.

+ Creates and maintains the accuracy of Stop Loss content for documents and collateral provided to internal and external customers.  Ensures the accuracy of current information, and updates with new marketing information as insurance trends change.  Develops and maintains internal documents and reports as needed including Salesforce reporting and Standard Operating Procedures (SOP's). Ensures the accuracy of schedules of insurance, policies, and contracts with attention to detail and thorough understanding of contingencies.

+ Builds and maintains favorable relationships with Care First sales and TPA Account Management staff and proactively reaches out to account management team for upcoming group renewal information. Tracks and manages receipt of signed rates prior to effective date of coverage and ensures the information is provided to the Finance teams. Reviews stop loss cases with management/Sr. Analyst as appropriate and ensures that proposed proposal recommendations meet client needs.

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* QUALIFICATIONS:

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* ** Education Level:
** Bachelor's Degree OR in lieu of a Bachelor's degree, an additional 4 years of relevant work experience is required in addition to the required work experience.

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* Experience:

** 3 years experience in the health insurance/healthcare industry, with knowledge of benefit products and self-funded rating arrangements.

** Preferred Qualifications*
* + Previous experience in a business analyst capacity for a health care organization.

+ Previous experience working with stop loss.

+ Previous experience in the self-funded market.

** Knowledge,

Skills and Abilities

(KSAs)*
* + Must have the ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.

+ Ability to run reports, business correspondence, and procedure manuals.

+ Ability to successfully manage multiple projects, tasks and priorities.

+ Ability to be thorough while maintaining efficiency and accuracy.

+ Demonstrated knowledge and understanding of stop loss.

+ Ability to analyze essential facts, make timely and sound decisions, make recommendations and resolve performance and job-related issues.

+ Demonstrated desire to share knowledge and work as a team.

Salary Range: $53,352 - $105,963

** Salary Range Disclaimer*
* The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the work is being performed. This compensation range is specific and considers factors such as (but not limited to) the scope and responsibilities of the position, the candidate's work experience, education/training, internal peer equity, and market and business consideration. It is not typical for an individual to be hired at the top of the range, as compensation decisions depend on each case's facts and circumstances, including but not limited to experience, internal equity, and location.

In addition to your compensation, Care First offers a comprehensive benefits package, various incentive programs/plans, and 401k contribution programs/plans (all benefits/incentives are subject to eligibility requirements).

** Equal Employment Opportunity*
* Care First Blue Cross Blue Shield is an Equal Opportunity (EEO) employer.  It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.

** Federal Disc/Physical Demand*
* Note:

The incumbent is required to immediately disclose…