Senior Underwriting & Financial Analyst, Employee Benefits

Job Summary

Seeking a highly skilled and experienced Senior Underwriting & Financial Analyst specializing in Employee Benefits to join a team. This role is an excellent opportunity for a professional with a strong background in financial analysis and employee benefits to contribute to a growing organization. The successful candidate will play a key role in managing and supporting employee benefits for clients, with a focus on Medical, Dental, Vision, Life, AD&D, Long-term Disability, Short-Term Disability, and Voluntary Benefits.

Compensation Package

• Salary: $95,000 annually
• 401(k): Yes
• Comprehensive benefits package available

Responsibilities

• Prepare Requests for Proposals (RFPs) and analyze marketing results.
• Design, distribute, and evaluate responses to surveys and RFPs.
• Perform financial analysis, including benefits cost projections, plan design modeling alternatives, and creation of employee contribution recovery models.
• Create benchmark data and trend analysis for clients.
• Make sound underwriting decisions independently based on financial results.
• Conduct proactive financial monitoring and review for assigned cases.
• Develop monthly financial reporting packages, including detailed premium, claims, membership, commission, and cash reconciliation information.
• Generate weekly, monthly, and quarterly financial statements and/or projections.
• Assist in quarterly presentations to clients on the financial performance of insurance programs.
• Conduct new business financial evaluations as needed by the sales team.
• Provide timely, courteous, and accurate responses to inquiries, conducting research when necessary and communicating results.
• Process all necessary paperwork in adherence to department workflows and procedures.

Qualifications/Requirements

• Minimum of 5+ years of experience in a similar role.
• Life and Health (L&H) license required.
• Experience working with middle-market accounts, including Medical, Dental, Vision, Life, AD&D, Long-term Disability, Short-Term Disability, and Voluntary Benefits.
• Proficiency in financial analysis and underwriting.
• Strong analytical and problem-solving skills with the ability to create benchmark data and trend analysis.
• Experience with Epic software is preferred but not mandatory.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaboratively in a team environment.
• Strong organizational skills and attention to detail.
• Must pass a background check prior to the start date.

Soft Skills

• Strong analytical and critical thinking abilities.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Detail-oriented with strong organizational skills.
• Proactive and solution-focused mindset.

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