Benefits Analyst III

Senior Talent Acquisition Partner at USI Insurance Services

General Description:

Responsible for analyzing information and creating financial deliverables for clients with standard to complex benefit programs, including fully insured and self‑funded clients.

• Financial analytics for fully insured and self‑funded clients with typical client size of 100 to 1,000 lives.
• Prepare standard analyses and occasional customization, including market review, renewal rate and funding projections, claims utilization, rate and contribution analysis, claims experience reports, benchmarking, financial funding analysis, and IBNR and lag analyses.
• Develop alternative strategies, plan modeling, and cost‑reduction opportunities.
• Perform technical analysis of group insurance contracts and financial arrangements.
• Serve as primary contact with insurance carriers; negotiate and market coverage for new business quotes and renewals, prepare renewal/new plan options with executive summary.
• Develop and maintain excellent carrier relationships.
• Review and validate carrier renewal rating illustration.
• Analyze experience and claims utilization data for financial and plan usage conclusions; identify trends and suggest action items.
• Write client‑facing Executive Summaries that provide observations, conclusions, recommendations, and next steps; articulate USI strategic objectives.
• Prepare carrier and client written correspondence, including renewal confirmation letters.
• Occasionally conduct analysis using USI internal and third‑party tools such as USI 3D, USI Clear Options Rx, and actuarial tools.
• Participate in peer review process as a participant and reviewer.
• Occasionally participate in new analyst onboarding training.
• Keep current on industry and new product information, legislation, technology, and trends.

• 3+ years’ experience in employee benefits or related field.
• High‑school graduate; college degree preferred.
• Must hold or be willing to obtain a state Life & Disability insurance license.
• Ability to work in a fast‑paced team environment with minimal instruction.
• Ability to manage and negotiate multiple priorities and deadlines.
• Strong written, verbal, and interpersonal communication skills.
• Working knowledge of Microsoft Office products, including Excel and Word.
• Proficiency with internal analytic systems and carrier online reporting tools.
• Strong problem‑solving and critical‑thinking skills.
• Ability to carry out complex tasks with many concrete and abstract variables.

With over $2.7 billion in revenue and more than 10,000 associates across 200 offices nationwide, USI is among the world's largest insurance brokerage and consulting firms. We invest heavily in associates, offering a dynamic culture, employee rewards, and recognition programs that celebrate growth and success.

Salary range: $65,000 – $80,000 per year, depending on experience. The final offer will be based on qualifications, relevant experience, and demonstrated skills. The role is bonus eligible.

Mid‑Senior level

Full‑time

Human Resources

Insurance