Senior Employee Benefits Analyst

This is a fully remote position, open to applicants in Florida.

📋 Description

• Act as the primary analytical resource for clients in the public sector.

• Provide sophisticated financial analysis, strategic reporting, and insights driven by data across intricate employee benefit programs.

• Oversee comprehensive renewal analyses for all coverage lines, including those that are non-marketed and negotiated.

• Assess claims experience, utilization trends, financial performance, risks, opportunities, and cost drivers.

• Formulate strategic recommendations that facilitate long-term planning and funding strategies for benefits.

• Direct the development and execution of RFPs for designated clients.

• Analyze and evaluate carrier proposals while assisting in negotiations with carriers.

• Create and present both scheduled and ad hoc financial and management reports.

• Deliver renewal analyses, performance results, and strategic recommendations to client personnel, committees, and leadership groups.

• Simplify complex financial and healthcare data into clear, client-centric insights.

• Collaborate with Benefits Consultants on strategic planning and the design of benefit programs.

• Aid clients in decision-making, plan optimization, and the assessment of new services, vendors, or enhancements to programs.

• Examine and interpret compliance requirements, including 112.08 filings, OPEB reporting, and analysis of imputed income.

• Integrate ACA, COBRA, healthcare reform, and other regulatory aspects into analyses.

• Assist with due diligence, compliance reviews, and regulatory reporting.

• Generate financial reports for both fully insured and self-funded funding arrangements.

• Guide Analysts in financial modeling, reporting standards, and analytical methodologies.

• Ensure accuracy, consistency, and quality of work prior to client delivery.

• Facilitate the onboarding and training of new members of the analytical team.

• Work collaboratively with Client Services, Consultants, carriers, and vendors.

• Aid in resolving issues, enhancing processes, standardizing practices, and promoting analytical best practices.

⛳️ Requirements

• A bachelor's degree in Finance, Accounting, Mathematics, Economics, Business Administration, Public Health, or a related discipline.

• Over 5 years of experience in employee benefits, analytics, brokerage, or consulting.

• Advanced expertise in renewal and financial analysis.

• Proficient in claims and utilization reporting.

• Experienced in RFP development and carrier evaluations.

• Strong understanding of fully insured and self-funded benefit plans.

• In-depth knowledge of employee benefits regulations, including ACA and COBRA.

• Experience in the public sector is preferred.

• Possession of an active state-issued 2-15 license.

• Exceptional analytical and financial modeling skills.

• Ability to convert complex data into actionable strategic insights and recommendations.

• Excellent presentation skills and client-facing communication abilities.

• Keen attention to detail and a commitment to maintaining data accuracy.

• Capacity to independently manage priorities and meet deadlines.

• Strong problem-solving and critical thinking capabilities.

• Ability to mentor and develop junior team members.

• Advanced proficiency in Excel and experience working with large datasets.

• Capacity to collaborate effectively across various teams and functions.

🏝️ Benefits

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance.

• Financial Benefits: Employee Stock Purchase Plan (ESPP).

• 401k Plan.

• Student Loan Assistance.

• Tuition Reimbursement.

• Complimentary Mental Health and Enhanced Advocacy Services.

• Paid Time Off.

• Holidays.

• Discounts from Preferred Partners.

• Additional benefits may be available; waiting periods for enrollment or eligibility criteria may apply.