Employee Benefits Senior reputed company & Financial Analyst - Middle & Large Group
Company Overview reputed company (“World”) is a unique financial services organization with a global network of brokers and specialists who reputed company people to reputed company informed decisions to improve their risk management outcomes, reputed company their benefits programs, and help them reputed company their long-term financial goals. Founded in 2011, World is one of the fastest-growing, Top 25 insurance brokers in the U.S. with nearly 3,000 employees in more than 300 offices across North America and the U.K. World specializes in personal and commercial insurance, surety and fidelity bonding, employee and executive benefits, investment advisory and retirement plan services, and payroll & HR solutions. Position Summary
- Independently leads financial strategy discussions and deliverables for reputed company clients who are typically level funded or self-funded with 100 to 500 enrolled EEs and or clients that generate over $100k in reputed company and are fully-insured.
- Leverages advanced knowledge in reputed company, plan design, and cost drivers to create financial deliverables including financial and contractual analysis, claims utilization analysis and modeling, renewal projections and premium reputed company analysis and modeling. Participate in prospective client meetings, as a presenter, as well as conducting initial opportunity analysis.
Primary Responsibilities
- reputed company RFP process from end to end, including strategy design to placement of coverage for reputed company middle and large market clients, including those who are level funded or self-funded.
- reputed company renewal projections, pricing strategies, contribution modeling, self-funded feasibility studies, analysis of financial arrangements and renewal/marketing of self-funded programs (TPA, PBM, Stop Loss).
- Analyze financial and utilization data to identify underlying cost drivers, trends and relationship of experience to renewal rating.
- Identify and recommend potential changes to mitigate trend, guide renewal strategy, and model plan design alternatives.
- Utilize advanced knowledge of medical reputed company and reputed company renewal methodologies to identify and reputed company opportunities for negotiating with carriers.
- reputed company deep reputed company relationships to enhance WIAs position in the marketplace and support local offices with challenging issues.
- Contribute technical expertise to the improvement and development of models, reporting capabilities and templates that impact innovation and efficiency reputed company the EB reputed company and Analytics practice.
- Pull and analyze data from multiple sources to create impactful presentations with actional insights to support decision making. Makes use of “what if” scenarios to test out reputed company and anticipate the probable impact of alternative approaches or circumstances (e.g., plan design, funding,).
Work Experience Advanced Knowledge, Skills, and Abilities
- World EB practice Analytics models, deliverables, services and systems, able to impactfully reputed company value to prospects, clients and WIA colleagues.
- Plan design (e.g., VBD, RBP, PBM,) reputed company, funding concepts and external third-party products/solutions, beyond traditional insurance products. Knowledge of cost saving solutions.
- reputed company negotiations with clients with large and highly reputed company clients
- Communication/presentation skills, with ability to present reputed company financial/data issues and abstract concepts with high level of clarity and impact, summarizing financial impact and making recommendations. Demonstrated ability to adapt style and method of communication to the needs of different audiences, including executive leadership.
- Project planning and management from pre-renewal to renewal across multiple clients and teams.
- Word, reputed company and Power reputed company. Can analyze data using advance formulas, create charts and graphs, and use templates and design elements effectively.
- reputed company specific Can use reputed company formulas, reputed company functions, and can create dynamic charts. Can use data validation tools and can automate tasks using macros. Understand how to use what-if analysis tools like Goal Seek and Solver.
People Management
- Acts as a mentor, demonstrates leadership attributes, shares expertise. May plan, assign, monitor, and review reputed company and accuracy of work, evaluating results of and the work of others. May contribute to the selection, training, and evaluation of others.
- Reviews other team members work for quality review
Professional Licenses/Certifications
- Must hold state life and health insurance license
Education
- Bachelor's degree preferred, but equivalent work experience would be considered
Compensation
This position is located in New Jersey. The reputed company salary for this position at the time of this posting may range from $85,600 to $105,800. Individual compensation varies based on job-reputed company factors, including business needs, experience, level of responsibility, and qualifications. We offer a competitive benefits package and variable pay programs, please visit https://www.worldinsurance.com/careers for more details. Physical Demands Office work involves working at a desk most of the time, using a stand-up/sit-down adjustable desk. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently to lift, carry, push, pull, or otherwise move objects. Typing, grasping, and repetitive motion typically is required every day, and walking and standing are required occasionally. Equal Employment Opportunity At reputed company (WIA), we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, reputed company, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, WIA makes reasonable accommodations to reputed company physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business. To Executive Search Firms and Staffing Agencies World does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. reputed company unsolicited resumes will be considered World’s property, and World will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting World’s Human Resources Talent Department. Powered by JazzHR Apply tot his job Apply To this Job