Supports all aspects of financial analysis related to clients’ group benefit programs
Works closely and collaboratively with other members of the financial support team
Provides support to Account Manager(s) and Benefits Consultant(s)
Drafts accurate exhibits for quarterly and annual client meetings
Drafts client utilization reports using various carrier reporting methods
Analyzes data and identifies opportunities for plan design and product changes
Drafts monthly reporting deliverables for clients
Analyzes industry benchmarks and drafts information for the client
Develops and maintains strong working relationships with carrier partners
Maintains accurate, current, organized, and complete market information in internal databases
Assists team and clients as necessary with special projects
Demonstrate expertise across funding models
Build financial projections that compare expected cost, volatility, and renewal outcomes
Partner with consultants to assess feasibility and implementation implications of aggressive funding alternatives
Explain self-funded, captive, level-funded, and other alternative funding mechanics in plain language

2-3 years of experience
Bachelor's degree, required; Business, Finance, Math, Accounting, or related field, preferred
Proficient in all Microsoft Office products, required
Intermediate to advanced proficiency in Microsoft Excel, required
Experience in the healthcare industry working for a group insurance carrier, broker, or consultant, preferred
Knowledge of group insurance including medical, dental, CDHP, pharmacy, life, and disability products, strongly preferred
Experience with database applications, a plus

Financial Benefit Analyst

About this role