Benefits Analyst

• Designs, develops and prepares accurate and timely reports and analysis, providing financial guidance and general direction for influencing clients' decisions and the achievement of strategic goals
• Gathers benefits information from a variety of sources, develops Request for Proposal (RFP) templates, coordinates responses from the carriers, inputs data and maintains all appropriate documentation
• Prepares draft presentation to client and team leadership
• Requests, analyzes and negotiates renewals for all line of coverage for Health & Welfare plans
• Conducts plan/benefit change analysis including but not limited to self-insured feasibility, CDHP feasibility & funding analysis
• Analyzes and assists in making recommendations on client strategy and cost containment initiatives
• Assists in preparing the Rate Development Templates, RFP analysis and templates for all lines of business
• Prepares and/or reviews monthly clients financial reports and plan performance monitors
• Develops benchmarking reports by gathering health benefits data to compare a client's plan information to other companies by industry or geography and provide results to client in appropriate format
• Prepare ad-hoc reports as required
• Fully adopts innovative technology, including proprietary AI solutions, into the service process to deliver a best-in-class client service experience
• Performs other projects, duties, and tasks, as assigned

• State Life, Accident & Health Insurance License is required upon hire or within 90 days of hire
• High school diploma or equivalent required
• Four-year degree in Accounting, Finance, Economics, Business, Statistics or another related field preferred
• Minimum of 3 years of relevant and progressive experience, or equivalent combination of education and job-related experience
• Previous health insurance experience preferred
• Proficient to advanced skills in using computers, Microsoft Office Suite (emphasis on Excel and PowerPoint) and online rating systems
• Excellent interpersonal and communications skills are required to maintain effective relationships with clients, co-workers, carriers, vendors, and others
• Ability to work independently with limited daily supervision and to work effectively in a team environment
• Ability to function effectively under tight time constraints, consistently meets strict deadlines, prioritize, and handle multiple tasks in a demanding work environment
• Demonstrated initiative to identify and overcome obstacles, manage through ambiguity, remain focused and highly productive
• Ability to think critically, creatively, analytically, and with sound judgment to develop and provide comprehensive, in-depth financial analyses and ad hoc projects
• Ability to work flexible hours as required, including out-of-town travel
• Must have valid driver's license, ability to travel to client sites and reliable transportation

Demonstrates expertise in financial analysis, report preparation, and client strategy development, with a strong focus on health and welfare plans. Proficient in utilizing technology and data analysis to enhance client service and decision-making processes.

• Financial Analysis
• Health Insurance Experience
• Microsoft Excel
• State Life, Accident & Health Insurance License
• Report Preparation

• Financial Reporting
• Data Analysis
• RFP Development
• Benchmarking Reports
• Plan Change Analysis
• Cost Containment Initiatives
• Ad-Hoc Reporting
• Self-Insured Feasibility
• CDHP Feasibility
• Funding Analysis

• Interpersonal Skills
• Communication Skills
• Critical Thinking
• Creativity
• Analytical Skills

• State Life, Accident & Health Insurance License

• Health & Welfare Plans
• Client Strategy
• Cost Containment
• Insurance Industry
• Financial Guidance

• Microsoft Office Suite
• Online Rating Systems
• Proprietary AI Solutions