Job Description
Senior Employee Benefits Analyst
Job Summary
Seeking a highly skilled and experienced Senior Employee Benefits Analyst to join a professional and business-focused team. This role is pivotal in supporting a growing agency, which specializes in employee benefits for large clientele across the country. The ideal candidate will bring extensive expertise in unbundled self-insured plans, stop-loss insurance, and advanced Excel proficiency. This is a remote position, with occasional travel required for onsite client visits.
Compensation Package
- Salary Range: $120,000 - $150,000 annually
- Benefits: Competitive benefits package, 401(k), paid time off, professional development opportunities, etc.
- Work Environment: Fully remote (PST preferred) with company-provided equipment
Responsibilities
As a Senior Employee Benefits Analyst, your key responsibilities will include:
- Marketing stop-loss, administration, life, disability, and other employee benefit plans.
- Evaluating and negotiating offers with insurance carriers and vendors.
- Preparing pre-renewal, renewal, and post-renewal analyses, including benefit, contractual, and financial comparisons with executive summaries.
- Developing budget rates and contribution strategies.
- Preparing future cost projections and providing monthly experience reports.
- Utilizing actuarial tools to identify health plan cost drivers and model potential plan design changes.
- Managing compliance for clients and conducting audits and compliance reviews for prospects.
- Confirming final plan selections with insurance carriers.
- Supporting other analysts by peer-reviewing their work.
- Attending client or prospect meetings as needed.
Qualifications/Requirements
To be successful in this role, candidates must meet the following qualifications:
- Required Licenses/Designations: Life and Health Insurance License, CEBS certification preferred.
- Experience:
- Minimum of 10 years of experience in employee benefits, with a focus on unbundled self-insured plans and stop-loss insurance.
- Proven ability to work with large employee benefits accounts (averaging 4,000 employees) and self-funded plans.
- Technical Skills:
- High proficiency in Microsoft Excel.
- Familiarity with BenefitPoint software is a plus.
- Soft Skills:
- Professional demeanor and strong communication skills.
- Tactful and detail-oriented.
- Ability to work collaboratively in a team environment.
- Other Requirements:
- Willingness to travel for onsite client visits.
- Ability to work effectively in a remote setting.
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