Benefits Financial Analyst

14 hours ago


Kansas City, Missouri, United States Brown & Brown Insurance Full time
Job Title: Benefits Financial Analyst

The Benefits Financial Analyst in Kansas City, MO plays a crucial role in servicing the financial consulting needs of employee benefit clients. This position requires technical expertise to retain clients by providing financial guidance. Key responsibilities include evaluating financial and utilization metrics for clients, preparing and sending monthly financial reports, and identifying methods to improve benefit program efficiency.

Key Responsibilities:
  • Evaluate financial and utilization metrics for clients, including monthly financial reports and utilization benchmarks.
  • Prepare and send monthly financial reports to clients with analysis of activity and large claim detail.
  • Identify and develop methods to improve benefit program efficiency and effectiveness.
  • Prepare basic financial exhibits as requested, including financial projections and large claim analysis.
  • Work with the Team Lead to develop reporting requirements and customizations.
  • Coordinate and execute the implementation of new client custom reporting packages.
  • Assist Account Executives/Benefits Consultants in preparing requests for proposals and renewals of benefit coverages.
  • Manage benefit renewal delivery and confirmation process.
  • Draft benefit marketing materials and deliver results to Benefit Consultants.
  • Create, review, and edit employee benefit guides, presentations, and other client communications.
Requirements:
  • 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, particularly Microsoft Excel.
  • Strong analytical and critical thinking ability.
  • Ability to maintain confidentiality and excellent verbal and written communication skills.
  • Ability to work independently and exercise judgment.
  • 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.
Benefits:
  • Competitive hourly rate: $26.44 - $31.25/HR.
  • Comprehensive benefits package, including health, financial, and mental health support.
  • Opportunities for professional growth and development.

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