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Health Benefits Analyst
3 months ago
The Health Benefits Analyst is integral to supporting the delivery of a broad and diverse range of group health benefits consulting services to our clients. The Health Benefits Analyst has significant visibility and client interaction, and opportunities to perform as an influential member of client teams. The Health Benefits Analyst works under the direction and guidance of health benefits consultants and senior client team members.
The Role :
The Health Benefits Analyst will interact directly with team members, clients and other professionals in providing an integrated and thorough approach to meeting client's health consulting needs. The Health Benefits Analyst performs these duties at a high level of proficiency, is responsible for analytical work, collaborates effectively with client team members, and interfaces directly with clients and vendors.
The Health Benefits Analyst's major responsibilities include:
- analysis and interpretation of health care data, including medical, prescription drug, stop loss, dental, vision, life and disability coverages;
- budget projections;
- pricing of benefit changes for health coverages utilizing experience and/or manual rating tools;
- renewal analyses;
- vendor negotiations;
- bid specification preparation and analysis of vendor proposals;
- writing reports and memoranda to describe analyses and make recommendations to clients;
- working on ad hoc analysis reports and projects; and,
- assisting consultants with the presentation of data and options to clients.
- a bachelor's degree in a quantitative discipline;
- strong interpersonal/communication and writing skills;
- proven problem-solving, analytical and negotiation skills;
- proficiency with project management;
- ability to prioritize and handle multiple tasks in a demanding work environment;
- ability to work independently and interact collaboratively as part of a client team; and
- proficiency in Microsoft Excel
- two or more years of group health underwriting, actuarial or equivalent experience is preferred.
About Segal and its Total Rewards Program: Segal is a privately owned, leading North American employee benefit, human resources and investment management consulting firm with over 80 years of history providing trusted advice that improves lives. Clients include public and private corporations, multiemployer trust funds, public sector entities, higher education institutions, institutional advisors, among many others.
Segal's total rewards are part of what makes us a special place to work. The current salary range for this position is $62,500 to $75,000 plus opportunity for a discretionary performance bonus based on company profitability and employee performance. In addition, Segal offers a comprehensive suite of benefits to include a non-contributory defined benefit pension plan, matching and discretionary contributions to a 401(k) profit sharing plan, medical and prescription benefits including contributions to a health savings account for eligible employees, dental benefits, life insurance, disability insurance, an Employee Assistance Program, wellness benefit reimbursements and rewards, and professional credential and tuition reimbursement. Segal also provides comprehensive paid time off including holidays, vacation days, sick leave, paid family leave and sabbaticals.
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