Benefit Analyst jobs in United States
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Brown & Brown · 13 hours ago

Benefit Analyst

Brown & Brown is a company that values meritocracy and self-starters. The Benefits Analyst will work closely with the Employee Benefits team to provide clients with high-quality service regarding group insurance coverages, especially during the renewal process and throughout the plan year.

Insurance

Responsibilities

Ensures that all information required for the client’s renewal period is gathered in a timely and accurate manner for quoting purposes involving both renewal rates generated by the carrier and renewal rates using online systems
Prepares renewal materials including Word documents, PowerPoint presentations and Excel spreadsheets, ensuring accuracy by reviewing and proofreading all materials
Assists with meeting preparation by scheduling appropriate participants ensuring timely delivery of renewal information
Assists with renewal implementation including confirmation letters, applications, enrollment forms, waivers, and termination letters as well as drafting employee communications, open election forms and benefit summaries
Serves as first level of response to client issues ensuring client satisfaction and appropriate follow-up and keeps Account Team informed of all situations and resolutions
Ensures that all client files are kept current and complete
Develops and maintains solid knowledge of insurance coverages and carrier information by proactively attending carrier provided training sessions and reading carrier generated communications as well as attending internal meetings and information sessions
Monitor monthly financials for client 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
Assists Account Executives/Benefits Consultants in preparing requests for proposals and renewals of benefit coverages
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
Pursues a course of personal, professional development

Qualification

MS Office SuiteEmployee benefits knowledgeInsurance Producer licenseFinancial analysisTelephone demeanorProactive approachCompliance knowledgeDetail orientedOrganizational skillsConfidentiality

Required

Bachelor's Degree
Proficient with MS Office Suite. Microsoft Excel – Strong to expert level skills
Exceptional telephone demeanor
Ability to maintain a high level of confidentiality
1+ years' experience in a similar position and knowledge of employee benefits
Detail oriented with excellent organizational skills
Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements
Willingness to obtain Insurance Producer license in good standing (authorities in states needed to service the assigned book of business)

Preferred

Basic knowledge of compliance and regulations in the benefits arena
Insurance Producer license in good standing (authorities in states needed to service the assigned book of business)
Strong technical knowledge of the industry of expertise currently being targeted

Benefits

Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Company

Brown & Brown

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Brown & Brown delivers risk management solutions to help protect and preserve what our customers value most.

Funding

Current Stage
Late Stage

Leadership Team

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Joel Eubank
COO/CFO Dealer Services
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Kadir Edghill , CPA, MBA
CFO - Arrowhead Programs Division
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