USI Insurance Services · 7 hours ago
Employee Benefits Insurance Analyst II
Troy, MI
Full-time
Onsite
Entry Level
1+ years expUSI Insurance Services is one of the largest insurance brokerage and consulting firms in the world, dedicated to providing dynamic personal and professional development for its associates. The Employee Benefits Insurance Analyst II will be responsible for analyzing financial information and creating deliverables for clients, primarily focusing on fully insured clients, while maintaining relationships with insurance carriers and developing strategies for cost reduction.
Commercial InsuranceConsultingEmployee BenefitsFinancial ServicesHealth InsuranceInsuranceRisk Management
Responsibilities
Responsible for financial analytics for predominantly fully insured clients. Some clients may be self-funded. Typical client size is 100 to 250 lives
Prepare standard analyses with minimal customization. Analyses may include:
Market review analysis
Renewal rate and funding projections and modeling
Analysis of claims utilization
Rate and Contribution analysis
Claims experience reports
Benchmarking
Financial funding analysis with guidance
Develop alternative strategies, plan modeling, and cost reduction opportunities
Perform technical analysis of group insurance contracts and financial arrangements
Serve as primary contact with insurance carriers for marketing coverage for new business quotes and renewal. Includes requesting quotes, evaluating options, and conducting fact-based negotiation of rates and benefit features
Develop and maintain excellent carrier relationships
Analyze claims experience data. With guidance identify financial performance conclusions
Write client facing Executive Summaries that provides observations and findings. With guidance, recommend solutions and next steps
Prepare carrier and client written correspondence. Includes carrier renewal confirmation letters and client renewal letters
Participate in the peer review process, primarily as the reviewed party. May also act as a reviewer, predominantly for Associate Analyst I and Analyst II work. Receive assistance and guidance from Benefit Analyst Team mentors
With guidance, use analytic tools
Keep current on industry information, technology, and trends
Successfully maintain and service a full book of business
Qualification
Required
1 year + experience in employee benefits or related field
High School Graduate
Must hold or be willing to obtain a state Life & Disability insurance license
Ability to work in a fast-paced, team environment with minimal instruction
Ability to manage and negotiate multiple priorities and deadlines
Strong written, verbal, and interpersonal communication skills
Comfortable with internet-based programs and Microsoft Office products
Ability to carry out complex tasks with many concrete and abstract variables
Strong problem solving and critical thinking skills
Preferred
College degree preferred
Benefits
Medical
Wellness
Dental and vision
401(k)
Flexible spending and health savings accounts
Short and long-term disability
Life insurance
Other unique employer-sponsored and voluntary programs
Generous paid time off policy
Paid family leave benefit
Paid holiday time
Company
USI Insurance Services
USI Insurance Services is an insurance brokerage and consulting firm that delivers diversified insurance and financial services.
10001+ employees
Funding
Current Stage
Late StageTotal Funding
$1BKey Investors
Kohlberg Kravis Roberts
2023-09-11Private Equity· $1B
2017-03-17Secondary Market
2017-03-17Acquired
Leadership Team
Stew Gibson
Senior Vice President and Chief Information Officer
Dave Petno
Vice President, Employee Benefits Consultant
Recent News
USI Insurance Services
2025-10-25
2025-10-21
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