Description

Are you a proactive and analytical professional with healthcare experience ready to make a significant impact through your efforts? Wilshire Benefits Group is seeking a dedicated contributor who will play a crucial role in delivering top-tier services to our valued clients. As an Employee Benefits Analyst, you will collaborate with our integrated team to quote, analyze, select, and understand strategic employee benefit packages.

What This Role Is: An employee benefits insurance role involving carrier quotes, plan design comparisons, insurance carrier renewal analysis, underwriting coordination, and benefits strategy support.
What This Role Is Not: A financial analyst, accountant, actuary, pension analyst, investment analyst, or corporate budgeting/forecasting position.

Your Responsibilities Will Include:

• Lead with Precision: Take ownership of the entire benefit insurance underwriting / RFP process, from gathering data to conducting competitive insurance carrier market analyses to negotiating with insurance carriers, advising Benefit Consultants, and communicating with clients

• Be the Data Expert: Analyze, track and interpret client benefit claim data; calculate / advise on employee/employer contributions; provide timely, accurate, and creative insights to help clients meet their budgetary requirements

• Shape the Future: Participate in client employee benefit renewal meetings, both in-person and virtually, to strategize and deliver optimal solutions; attend webinars and seminars to stay abreast healthcare reform updates and changes

• Stay Informed: Keep up to date on healthcare trend data, carrier promotions, and tracking & monitoring claims experience; Illustrate and understand the impact of current regulations on our client's benefits packages.

• Document Mastery: Actively track and document processes in our agency management system, ensuring accuracy and timeliness.

• Collaborate and Contribute: Participate in sales cycle including prospecting, service and retention; provide support on special projects and assist colleagues as needed.

At Wilshire Benefits Group, we cherish partnerships, foster growth, and nurture creativity. We offer a competitive benefits package and an award-winning work environment where your contributions are valued, and your potential is nurtured. If you're ready to join a team that takes a unique approach to benefits and client service, apply now and be a part of our exciting journey!

Requirements

Bachelor’s degree in Finance, Economics, Business or other related field and/or minimum two year’s experience in the industry is required.
Analytical Prowess - Strong analytical and mathematical skills with keen attention to detail.
Tech-Savvy - Proficient in Microsoft Word, Excel, PowerPoint, and Adobe; Understanding of CRM system / other agency datatbasse systems with a proven track record of diligent system population and documentation
Industry Knowledge - Familiarity with insurance carriers, employee benefits, and underwriting procedures is essential.
License in Group, Health and Life is preferred, but not required.
Experience using Rate Ease and/or other carrier quoting systems preferred

Learn more about this Employer on their Career Site

Employee Benefits Financial Analyst