Newfront · 4 hours ago
Total Rewards, Senior Technical Consultant
Maximize your interview chances
CommercialFinancial Services
Growth OpportunitiesH1B Sponsor Likely
Insider Connection @Newfront
Get 3x more responses when you reach out via email instead of LinkedIn.
Responsibilities
Assess client experience and/or utilization report needs and work with Data Analytics team to build deliverables. Responsible for reviewing prior to release on a monthly, quarterly or annual basis.
Assess annual utilization and identify trends or areas of concern for review with senior technical team.
Manage data collection necessary for all analyses from internal and external resources – carrier data sites, client team, technology team.
Collaborate with client team, primarily with senior technical consultant strategic direction and plan management of programs and cost.
Evaluate client risk and change tolerance for alternative funding, benefit options, and/or new benefit offerings.
Model cost alternatives to meet budgetary goals by analyzing combinations of contributions, plan designs and carriers.
Prepare preliminary analyses with regards to plan renewals, marketing, cost forecasting, contribution scenarios and demographic analyses. May include generating funding rates, COBRA rates, Domestic Partner imputed income, IBNRs, and plan option pricing.
Calculate reserve estimates for self-funded clients.
Negotiate with carriers and vendors for best fees, performance guarantees, rate guarantees, etc.
Utilize internal Newfront Actuarial Model and any other tools as needed.
Perform other duties and assist with projects as assigned.
Qualification
Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.
Required
Excellent communication skills: written, public speaking and presentation preparation.
Excellent customer service skills, professionalism and tact.
Proficient knowledge and use of Microsoft Office and advanced complexities of features.
Ability to be resourceful, take initiative, solve problems and offer solutions.
Works well with others in a fast-paced environment and be responsive to co-workers and colleagues.
Ability to train, delegate, provide oversight and give feedback.
Adaptability and flexibility to address issues and respond to client needs.
Excellent time management skills and ability to manage competing priorities and high volumes.
Ability to learn and adopt use of technology systems and software applications.
Ability to multi-task, understand urgency and deal with changing priorities and deadlines.
Proficient at project planning and time management.
Ability to forge relationships and build trust with clients, vendors and internal stakeholders.
2 years of Underwriting, Data Analysis, Carrier or Employee Benefits experience required.
Preferred
Health Care insurance industry background or knowledge of group products preferred.
CA Department of Insurance Life License (preferred).
Benefits
401(k) eligibility
Various paid time off benefits, such as vacation, sick time, and parental leave
Company
Newfront
Newfront is an insurance company that provides risk control, risk analytics, and benchmarking claims advocacy.
H1B Sponsorship
Newfront 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
2021 (3)
2020 (2)
Funding
Current Stage
Late StageTotal Funding
$310MKey Investors
Meritech Capital PartnersFounders Fund
2022-04-12Series D· $200M
2020-10-20Series C· $68M
2018-12-01Series B· $30M
Company data provided by crunchbase