Senior Employee Benefits Analyst
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. #LI-MB4