Benefits Analyst

Process and report all lines of a group insurance renewal. (Medical, Drug, Dental, Vision, Life, DI)
With guidance from the Account Manager, handle all aspects of marketing group insurance including preparation of specifications, responding to the market’s queries, summarization and comparison of all quotes received.
Prepare and assemble pertinent parts of the client renewal presentation whether for reporting of the renewal, presenting a market comparison or financial reconciliation.
Calculate projected renewal rating as scheduled and prepare utilization reports for experience rated clients.
Prepare comparison exhibit for plan design changes and illustrate the financial implications.
Assist Account Manager with recommendations for improvements in plan designs and help to identify any areas of risk for the client.
Continually build strong working relationships with insurers.

To perform this job successfully, an individual must be able to demonstrate each essential responsibility/duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
College course work in finance, mathematics, accounting, information technology or related courses may substitute for experience
Demonstrates proficiency in Microsoft Windows software applications, including Word, Excel, and PowerPoint

Strong mathematical skills
Must be analytical and possess effective decision making skills
Must be a “self- starter” and take initiative in meeting client’s needs (pro-active versus re-active)
Attention to detail
Problem solving skills
Verbal and written communication skills
Ability to multi-task and prioritize workload
Ability to vocalize concerns/questions
Ability to work independently and within a team to accomplish department goals
Actuarial, Insurance or Analytical experience required