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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