Benefits Account Analyst
3 weeks ago
The Benefits Account Analyst in Kansas City, MO assists the team leader in servicing the financial consulting needs of the employee benefit clients. Utilizes technical expertise to retain clients by providing financial expertise. Role includes evaluating financial and utilization metrics for clients including but not limited to monthly financial reports, utilization metrics and benchmarks as well as assist with other adhoc reports and analysis.
This position has a hybrid schedule of 4 days in office, 1 from home. This is an hourly position.
How You Will Contribute
- 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.
- Identify, plan, and develop methods and procedures to obtain greater efficiency and effectiveness of benefit programs.
- 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.
- Work with Team Lead to develop reporting requirements and any deviations or customizations in those reports.
- Coordinates and executes the implementation of new client custom reporting packages
- Assists Account Executives/Benefits Consultants in preparing requests for proposals and renewals of benefit coverages.
- Request and manage benefit renewal delivery and confirmation process.
- Draft benefit marketing, manage process and deliver results to Benefit Consultant.
- Create, review and edit employee benefit guides, presentations and other client communications as requested.
Skills & Experience to Be Successful
- Bachelor’s Degree in Accounting/Finance/Business/Economics or equivalent work experience
- 2+ years’ experience with a thorough understanding and knowledge of employee benefits
- Proficient with MS Office Suite
- Microsoft Excel – Strong to expert level skills
- Strong analytical and critical thinking ability
- Ability to maintain a high level of confidentiality
- Excellent verbal and written communication skills
- Ability to work independently and exercise judgement
- Detail oriented with excellent organizational skills
- Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements.
- Must obtain and maintain active Life/Accident and Health Insurance Agent License within one year.
- This position may require routine or periodic travel which may require the teammate to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position.
Pay Range
- $26.44 - $31.25/HR
Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- 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.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
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