Apply on Employer Site

Brown & Brown · 1 day ago

Benefits Analyst

Chicago, IL

Full-time

Onsite

Entry Level

$28.85/hr - $36.06/hr

1+ years exp

Brown & Brown is seeking a Benefits Analyst to join their growing team in Chicago, IL. The Benefits Analyst will support the financial consulting needs of employee benefit clients by leveraging strong analytical and technical expertise, including evaluating financial metrics and preparing financial reports.

Insurance

Responsibilities

Monitor monthly financials for clients including entry of data into client exhibits

Prepare and send monthly financial reports to clients with analysis of activity and large claim detail

Prepare basic financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc

Work with Team Lead to develop reporting requirements and any deviations or customizations in those reports

Coordinates and executes the implementation of new client custom reporting packages

Assists Account Executives/Benefits Consultants in preparing requests for proposals and renewals of benefit coverages

Basic knowledge of compliance and regulations in the benefits arena

Participate in market meetings, seminars and training programs as directed

Performs miscellaneous duties and projects. This may include involvement in presentations, client functions and meetings

Qualification

Financial analysisEmployee benefits knowledgeMicrosoft ExcelAnalytical skillsMS Office SuiteJudgementCommunication skillsOrganizational skillsAttention to detailConfidentiality

Required

Must obtain and maintain active Life/Accident and Health Insurance Agent License within one year

Bachelor's degree in accounting/finance/business/economics or equivalent work experience

1+ years' financial experience with a thorough understanding and knowledge of employee benefits

Proficient with MS Office Suite

Microsoft Excel – Strong to expert level skills

Strong analytical and critical thinking ability

Ability to maintain a high level of confidentiality

Excellent verbal and written communication skills

Ability to work independently and exercise judgement

Detail oriented with excellent organizational skills

Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements

This position may require routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position