NFP, an Aon company · 2 days ago
Benefits Analyst (Hybrid)
Warrington, PA
Full-time
Hybrid
Entry, Mid Level
$60K/yr - $75K/yr
1+ years expNFP is a recognized leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor. The Benefits Analyst role involves financial analysis, modeling, and reporting for clients, including preparing reports, monitoring claims, and supporting carrier negotiations.
ConsultingFinancial ServicesInsuranceInsurTechWealth Management
Hiring Manager
Andrea Varela
Responsibilities
Prepare financial reports on a weekly, monthly, and quarterly cadence that are inclusive of claims, budget/premium, payroll contributions, membership, high claimants and network utilization
Monitor accounts for any claim trends, high amount claimants, and other emerging underwriting issues
Apply underwriting principles to develop renewal projections for medical, dental and vision
Complete renewal analysis and support the carrier negotiation process
Complete financial modeling of plan designs, employee contributions, specific stop loss recovery analysis, and IBNR reserve analysis
Conduct trend analysis
Assist in performance of financial modeling of mergers, acquisitions and divestitures
Assist in preparation of stop loss sensitivity analysis for self-insured clients
Assist in financial analysis to aid in development of multi-year financial strategies for clients
In collaboration of the Consulting Team, finalize financial analysis for client presentations
Build financial models to improve financial analysis reporting and/or renewal process to deliver maximum value and efficiency
Facilitate special projects as requested of the Reporting and Analytics Department
Support the sales process through financial analysis
Attend seminars, sales meetings or educational activities to stay up-to-date on the latest developments, trends and regulations in the market place
Build and maintain solid relationships with consulting teams as well as carrier representatives
Other duties as assigned
Qualification
Required
Strong Analytical Skills
Ability to correspond on all financial issues in a clear, concise and persuasive manner
Ability to effectively establish rapport, present information and respond to questions from consultants, clients and coworkers
Dedicated work ethic with a commitment to client service excellence
Well organized with the ability to handle several projects/clients simultaneously
Strong knowledge of the group insurance marketplace including alternative funding methods and industry trends
Working knowledge of carriers and products
Strong knowledge of Microsoft Excel
Proficiency with Power Query, Power BI and Visual Basic
Less than 10% travel required
Preferred
Bachelors in Risk Management and Insurance, Actuarial Science, Finance, Statistics, Mathematics is highly preferred
1-3 years of related experience with an employee benefits consultant/ broker or medical insurance carrier
Benefits
PTO & paid holidays
401(k) with match
Exclusive discount programs
Health & wellness programs
Company
NFP, an Aon company
NFP, an Aon company, helps companies and individuals address today’s most significant Risk Capital and Human Capital challenges.
5001-10000 employees
H1B Sponsorship
NFP, an Aon company has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2024 (2)
2023 (4)
2022 (10)
2021 (3)
2020 (1)
Funding
Current Stage
Public CompanyTotal Funding
$948.45MKey Investors
HPS Investment Partners
2023-12-20Acquired
2018-05-10Post Ipo Equity· $198.45M
2017-02-17Post Ipo Equity· $750M
Leadership Team
Douglas Hammond
CEO
Caleb Noel
Executive Vice President, Chief Financial Officer
Recent News
Company data provided by crunchbase