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Relation Insurance Services · 8 hours ago

Benefits Analyst - Employee Benefits

Tulsa, OK

Full-time

Onsite

Mid Level

$40K/yr - $97K/yr

3+ years exp

Relation Insurance is a leading, innovative company in the insurance market, seeking a Benefits Analyst to perform mathematical analyses and provide financial guidance. The role involves preparing reports, analyzing renewals, and assisting in client strategy and cost containment initiatives.

ConsultingEmployee BenefitsFinancial ServicesInsuranceRetirement

Responsibilities

Designs, develops and prepares accurate and timely reports and analysis, providing financial guidance and general direction for influencing clients’ decisions and the achievement of strategic goals

Gathers benefits information from a variety of sources, develops Request for Proposal (RFP) templates, coordinates responses from the carriers, inputs data and maintains all appropriate documentation. Prepares draft presentation to client and team leadership

Requests, analyzes and negotiates renewals for all line of coverage for Health & Welfare plans

Conducts plan/benefit change analysis including but not limited to self-insured feasibility, CDHP feasibility & funding analysis

Analyzes and assists in making recommendations on client strategy and cost containment initiatives. This includes both detailed technical work, as well as client communication as reports and models are provided to clients

Assists in preparing the Rate Development Templates, RFP analysis and templates for all lines of business

Prepares and/or reviews monthly clients financial reports and plan performance monitors

This role will work closely with a variety of individuals including underwriting/analysts, sales, consulting, health management and leadership

Develops benchmarking reports by gathering health benefits data to compare a client’s plan information to other companies by industry or geography and provide results to client in appropriate format

Prepare ad-hoc reports as required

Performs other projects, duties, and tasks, as assigned

Qualification

State LifeAccident & Health Insurance LicenseFinancial analysisMicrosoft ExcelHealth insurance experienceRFP developmentAnalytical skillsInterpersonal skillsTeamworkCritical thinking

Required

State Life, Accident & Health Insurance License is required upon hire or within 90 days of hire and must be maintained

High school diploma or equivalent required

Minimum of 3 years of relevant and progressive experience, or equivalent combination of education and job-related experience

Proficient to advanced skills in using computers, Microsoft Office Suite (emphasis on Excel and PowerPoint) and online rating systems

Excellent interpersonal and communications skills are required to maintain effective relationships with clients, co-workers, carriers, vendors, and others

Ability to work independently with limited daily supervision and to work effectively in a team environment

Ability to function effectively under tight time constraints, consistently meets strict deadlines, prioritize, and handle multiple tasks in a demanding work environment

Demonstrated initiative to identify and overcome obstacles, manage through ambiguity, remain focused and highly productive

Ability to think critically, creatively, analytically, and with sound judgment to develop and provide comprehensive, in-depth financial analyses and ad hoc projects

Ability to work flexible hours as required, including out-of-town travel

Must have valid driver's license, ability to travel to client sites and reliable transportation