World Insurance Associates · 1 month ago
Underwriting & Financial Analyst, Employee Benefits - Remote
United States
Full-time
Remote
Entry, Mid Level
$80K/yr - $90K/yr
2+ years expWorld Insurance Associates is one of the fastest-growing insurance brokers in the U.S. seeking an experienced Employee Benefits Underwriting & Financial Analyst to join their Underwriting & Analytics team. The role involves analyzing financial and contractual information for clients, preparing financial deliverables, and supporting client decision-making with data-driven insights.
Customer ServiceFinanceFinancial ServicesInsurance
Responsibilities
Manage and prioritize analytical workflow to ensure accurate, timely deliverables
Prepare and maintain financial dashboards for a book of business (clients typically 100–500 employees). Client funding arrangements may range from fully insured, level funded, and self-funded
Conduct standard client analyses in alignment with the service calendar, including:
Market review analysis
Renewal rate and funding initial projections/modeling
Claims utilization review
Rate and contribution modeling
Benchmarking studies
Self-funded feasibility analysis
Technical review of group insurance contracts and financial arrangements
Follow established procedures to utilize systems such as BenefitPoint, PerfectQuote, and others
Collaborate with subject matter experts, including Population Health Management, to deliver holistic client solutions
Develop alternative plan strategies, models, and cost-reduction opportunities using analytical tools and templates
Act as primary contact with carriers for marketing, quoting, and renewals; request, evaluate, and negotiate proposals
Build and maintain excellent relationships with carrier partners
Draft client-facing executive summaries, including findings, observations, and recommendations
Prepare formal correspondence such as carrier renewal confirmations and client renewal letters
Participate in the peer review process to ensure accuracy and quality
Provide prospect and ad hoc analytical support as needed
Perform other duties as assigned
Qualification
Required
2-3+ years of experience in employee benefits, insurance, or a related field
Life & Health insurance license, or willingness to obtain within 90 days of hire
Ability to work in a fast-paced environment with some oversight and a high degree of accuracy and attention to detail
Advanced proficiency in Microsoft Excel (formulas, modeling, formatting) with strong skills in Word and other MS Office tools such as Power BI
Strong analytical, problem-solving, and critical thinking abilities, with the ability to work with complex data and variables
Excellent written, oral, and interpersonal communication skills
Team-oriented, client-focused, and able to build effective working relationships with colleagues, carriers, and clients
Commitment to staying current on industry trends, regulations, and emerging products
Preferred
College degree or CEBS designation preferred
Understanding and/or prior use of Claros, Blue Raven, or other actuarial modeling tools is ideal
Technical experience with BenefitPoint, AI, Benefit Administration Systems, and Carrier Portals is preferred
Benefits
Competitive benefits package
Variable pay programs
Company
World Insurance Associates
World Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents.
1001-5000 employees
H1B Sponsorship
World Insurance Associates 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
2020 (1)
Funding
Current Stage
Late StageCompany data provided by crunchbase