Location
100% Remote
Industry
Insurance
Date Posted
7/09/2024

Benefits Financial Analyst - 100% Remote Option

About the Company:

Our client is a top ten nationwide insurance broker and employs more than 10,000 risk professionals. Their mission is to be the best and most respected independent insurance intermediary in the nation, with over 70 years of continuous service.

The client is ranked as the fifth largest such organization in the United States and in the World by Business Insurance magazine.

The purpose of the Benefits Financial Analyst position is to utilize technical expertise to retain clients by providing financial expertise. The Benefit Financial analyst will identify, plan, and develop methods and procedures to obtain greater efficiency and effectiveness of benefit programs.

This opportunity offers:

  • Opportunity to work in a diverse and international company culture
  • Work on high-profile self-funded complex accounts
  • A lucrative stock-option/purchase plan
  • Executive benefits
  • Gain exposure to the latest analytics systems and technology
  • Base salary is negotiable based on experience
  • Work/Life Balance – can be 100% remote
  • Significant opportunity for professional growth
  • Young and Energetic Corporate Culture

Roles & Responsibilities:

  • Role includes evaluating financial and utilization metrics for clients including but not limited to monthly financial reports, utilization metrics and benchmarks as well as assist negotiating renewal proposals and preparing and recommending plan changes and/or alternative funding recommendations.
  • Monitor, prepare and send monthly financial reports to clients with analysis of activity and large claim detail.
  • Prepare financial projections, large claims analysis, specific stop loss analysis, claim trends, etc.
  • Attend client meetings to deliver results and discuss customer financial implications of analysis.
  • Assist with preparation of requests for proposals and renewals of benefit coverages.
  • Assist with review of contracts, SPDs, agreements, etc. for accuracy.
  • Works with clients and markets to answer questions and resolve issues

Compensation Structure (Based on experience, skills, and attributes):

  • Base: A Base Salary of up to $100k + Bonus/Commissions.
  • Stock Purchase Plan
  • Bonus: Possible accelerators
  • Excellent benefits –Executive Package