Allied Benefit Systems · 1 day ago
Senior Revenue Analyst
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Responsibilities
Perform in-depth analysis of claim data to provide strategic insights for prospective/current client health plans. Work closely with sales/retention and marketing teams to support data-driven decisions and client acquisition/retention strategies.
Review and prepare new business proposals, ensuring competitive and accurate pricing of Allied’s products and services. Maintain comprehensive knowledge of all Allied product offerings.
Oversee the strategic placement of stop loss coverage, ensuring optimal risk management and financial protection for both Allied and its prospective/current clients. This involves assessing risk thresholds, determining appropriate coverage levels, and negotiating terms with external underwriters to secure advantageous positions that align with prospects needs and company objectives.
Negotiate terms of new business prospects / current clients including rates, factors, and contract terms. Manage specific relationships with vendor partners, including stop loss vendors and network providers, to enhance service offerings and operational excellence.
Provide network analysis for new/renewal business prospects, collaborating with stop-loss partners to share network claims data for appropriate pricing strategies. Partner with the Sales Executive/Client Executive for sales/retention and marketing engagements, fostering strategic external and cross-departmental relationships.
Continue developing specialized knowledge in group medical stop loss reinsurance and underwriting principles, aiming to continuously improve the strategic approach to client engagements.
Qualification
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Required
Bachelor's degree or equivalent work experience required.
Minimum of 3-5 years of experience in an analytical role (data analyst, financial analyst, business analyst, etc.) required.
Group Health Insurance and/or Stop Loss experience required.
Excellent verbal and written communication skills.
Excellent organizational skills and attention to detail.
Strong analytical and problem-solving skills.
Ability to function well in a high-paced and at times stressful environment.
Excellent time management skills with a proven ability to meet deadlines.
Ability to work within a team and a collaborative environment.
Ability to self-audit.
Preferred
Microsoft Access experience a plus.
Medical Stop Loss Underwriting experience a plus.
Advanced experience with Microsoft Office Suite (Word, Excel, PowerPoint, and Dynamics)
Company
Allied Benefit Systems
Allied offers insurance products, self-insurance solutions, custom insurance and healthcare solutions to the individuals and organizations.
Funding
Current Stage
Late StageTotal Funding
unknownKey Investors
Stone Point Capital
2021-02-18Private Equity· undefined
Recent News
2023-12-21
2023-07-18
Company data provided by crunchbase