Senior Employee Benefits Financial Analyst

Salary150000
LocationDetroit
Job type Permanent
DisciplineAgency
Reference153412

Job description

Senior Financial Analyst - Employee Benefits

Job Summary

Seeking a highly skilled and motivated Senior Financial Analyst - Employee Benefits to join a dynamic and growing team. This role is ideal for a professional with a strong background in both actuarial science and brokerage, coupled with exceptional analytical and communication skills. As a Senior Financial Analyst, you will play a pivotal role in analyzing employee benefits data, developing financial models, and providing strategic insights to support the clients' needs. This is a hybrid position, requiring two days in-office and three days remote work per week.

Compensation Package

  • Salary Range: $150,000 - $200,000 annually
  • Bonus: Based on team and corporate profitability (% of salary)
  • Benefits: Competitive benefits package, paid time off, professional development opportunities, etc.

Responsibilities

  • Analyze medical, pharmacy, dental, and vision claims data
  • Build and maintain underwriting and financial models
  • Develop cost projections and trend assumptions
  • Monitor client plan performance against budget
  • Provide financial reporting and dashboards to clients
  • Support consultants in client strategy development
  • Participate in client meetings and presentations
  • Evaluate plan design changes and their financial impact
  • Review carrier financials, renewals, and rate filings
  • Conduct vendor and carrier comparisons (RFP analysis)
  • Ensure data accuracy and resolve discrepancies
  • Stay current on market trends, regulations, and benchmarks
  • Support the sales process by developing financial exhibits and analyzing plan performance

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