Senior Benefits Analyst
20 hours ago
Brown & Brown Insurance has an exciting opportunity available for a Senior Benefits Analyst supporting our team in Milwaukee, WI
The Senior Benefits Analyst will lead and oversee servicing the financial consulting needs of the employee benefit clients. This role requires a strong understanding of employee benefits and the ability to provide financial expertise to clients.
Key Responsibilities:- Utilize technical skills to retain clients by providing financial expertise.
- Independently evaluates financial and utilization metrics for clients, including monthly financial reports, metrics, and benchmarks.
- Compliance, benchmarking, renewal, and marketing, reporting, and analytics for employee benefit clients.
- Financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
- Develop reporting requirements and any deviations or customizations in those reports.
- Assists Account Executives/Benefits Consultants in preparing requests for proposals, renewals of benefit coverages, contracts, summary plan descriptions, agreements, etc.
- Participate in prospective client finalist presentations to represent the B&B financial strategy and role expectation as part of the team.
- Maintains proficient/expert knowledge of compliance and regulations in the benefits arena.
- 5+ years employee benefits experience, with a thorough understanding and knowledge of employee benefits.
- Bachelor's Degree preferred.
- Obtain and maintain active Life/Accident and Health Insurance Agent License within 1 year of employment.
- Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements.
- Proficient with MS Office Suite.
- Ability to maintain a high level of confidentiality.
- Excellent verbal and written communication skills.
- Ability to work independently.
- Detail oriented with excellent organizational skills.
- Strong analytical and critical thinking ability.
- Competitive pay based on experience.
- Excellent growth and advancement opportunities.
- Discretionary Time off (DTO).
- Generous benefits package: health, dental, vision, 401(k), mental health resources, continuous education opportunities, etc.
- Employee Stock Purchase Plan.
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