Senior Employee Benefits Analyst

Job Summary

Seeking a highly skilled and experienced Senior Employee Benefits Analyst to join a professional and business-focused team. This role is pivotal in supporting our growing agency, which specializes in employee benefits for large clientele across the country. The ideal candidate will bring extensive expertise in unbundled self-insured plans, stop-loss insurance, and advanced Excel proficiency. This is a remote position, with occasional travel required for onsite client visits.

Compensation Package

• Salary Range: $120,000 - $150,000 annually
• 401(k): Employer-matched 401(k) plan
• Benefits: Comprehensive benefits package, including medical, dental, vision, group life, long-term disability, and short-term disability insurance
• Work Environment: Fully remote (PST preferred) with company-provided equipment

Responsibilities

As a Senior Employee Benefits Analyst, your key responsibilities will include:

1. Marketing stop-loss, administration, life, disability, and other employee benefit plans.
2. Evaluating and negotiating offers with insurance carriers and vendors.
3. Preparing pre-renewal, renewal, and post-renewal analyses, including benefit, contractual, and financial comparisons with executive summaries.
4. Developing budget rates and contribution strategies.
5. Preparing future cost projections and providing monthly experience reports.
6. Utilizing actuarial tools to identify health plan cost drivers and model potential plan design changes.
7. Managing compliance for clients and conducting audits and compliance reviews for prospects.
8. Confirming final plan selections with insurance carriers.
9. Supporting other analysts by peer-reviewing their work.
10. Attending client or prospect meetings as needed.

Qualifications/Requirements

To be successful in this role, candidates must meet the following qualifications:

• Required Licenses/Designations: Life and Health Insurance License, CEBS certification preferred.
• Experience:
  • Minimum of 10 years of experience in employee benefits, with a focus on unbundled self-insured plans and stop-loss insurance.
  • Proven ability to work with large employee benefits accounts (averaging 4,000 employees) and self-funded plans.
• Technical Skills:
  • High proficiency in Microsoft Excel.
  • Familiarity with BenefitPoint software is a plus.
• Soft Skills:
  • Professional demeanor and strong communication skills.
  • Tactful and detail-oriented.
  • Ability to work collaboratively in a team environment.
• Other Requirements:
  • Willingness to travel for onsite client visits.
  • Ability to work effectively in a remote setting.

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