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Marsh McLennan Agency · 1 day ago

Senior Underwriting Analyst - Employee Health & Benefits

Beaverton, OR

Full-time

Hybrid

Senior Level

$63K/yr - $118K/yr

5+ years exp

Marsh McLennan Agency (MMA) is seeking an analytical and strongly organized Senior Underwriting Analyst to work with their Employee Health & Benefits teams. The role involves providing complex financial analysis, evaluating benefit programs, and managing client risks and losses.

Employee BenefitsHealth CareInsuranceRetirement

Growth Opportunities

Responsibilities

Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewals, business placement, benchmarking, and other projects related to underwriting

Provide the definition of clients’ employee contribution modeling and strategies. Perform financial and risk analysis support for internal sales teams and their respective consulting clients

Research and remain up to date on the dynamic, competitive insurance environment, new and complex insurance projects, and constantly changing legislation that governs business

Responsible for the evaluation, determination and recommendation of alternative coverage, pricing options and plan design changes based on economic analysis of available plan elements related to client goals

Perform various reporting for plan change evaluations, budget and reserve calculations, and other on-going reviews

Participate in prospective client data analysis and presentations

Research and remain up to date on the dynamic, competitive insurance environment, new and complex insurance projects, and constantly changing legislation that governs business

Take part in organizational initiatives and community involvement activities

Perform other duties as assigned

Qualification

Financial analysisActuarial backgroundMS ExcelClient-facing experienceBenefits Brokerage experienceProblem-solving skillsCommunication skillsDetail-orientedTeam playerAdaptability

Required

Bachelor's Degree in Risk Management, Insurance, Actuary, Mathematics and/or other related field is required or the equivalent work experience

5-7 years' experience in the Benefits Brokerage, Consulting or Insurance industry

Advanced working knowledge in MS Excel is required (i.e. ability to perform pivot tables, macros and advanced formulas)

3+ years working on self-funded medical clients

Ability to travel, up to 25-50% in Washington and Oregon markets

Effective analytical, math and problem-solving skills, sound judgement, strong decision-making ability, confidence to make difficult decisions and excellent communication skills

Must be organized, detail oriented and able to translate big picture ideas into client objectives

Benefits

Paid paternity/maternity leave

Medical leave

401K savings

Other wellbeing programs

Company

Marsh McLennan Agency

Glassdoor4.4

Marsh McLennan is an insurance company that provides business insurance, employee benefits, and private client insurance solutions. It is a sub-organization of Marsh & McLennan.

Founded in 2003

White Plains, New York, USA

10001+ employees