Benefits - Senior Benefits Analyst

Benefits - Senior Benefits Analyst (Remote Opportunity) Job Summary:Reporting to the Manager, Benefit Analytics, the Benefit Analyst is responsible for assisting Account Executives and Benefit Consultants with the analysis of client and prospect employee plan data. This position functions as analytics expert regarding benefit plan marketing, renewal, and claims analysis. The Benefit Analyst is an active member of the PSA Benefits team and provides assistance on larger group clients (100 ), working with self-funded and fully insured plans and/or with complex clients. Essential Functions:Onboarding new hires (Associate Business Analysts -entry level)Mentoring entry level business analystsParticipate and facilitate quarterly and annual performance reviewsPatriciate in interview and hiring processManage internal templates and identify improvement opportunities Manage workloadAssign new accounts/reassign accounts with personnel changes and PSA growth/acquisitionsTeam trainingAssist development of employee benefit plan design Develop and review monthly and other periodic benefits claims reports, including analysis of claims and utilization costs and trendsDevelop benefits claims and cost projections for fully- and self-insured plansDevelop loss ratio reports for fully-insured plansPrepare benchmarking analyses and reports for clients and prospectsPrepare RFPs for benefit plan marketingManage vendor rate and plan design negotiations to meet clients’ benefit plan and budget goalsPropose recommended benefit plan design changes in support of clients’ benefits program goalsPrepare financial portions of client and prospect presentations, including executive summary, analysis results, and recommendationsDevelop clients’ benefits budget and balance sheets, and maintain monthly or quarterly updatesDevelop premium equivalents for self-insured plansManage vendor relationships, including preparing and analyzing vendor RFPs and RFIsPrepare Healthcare Reform/ACA and other financial or claims analyses impacting the client’s benefits budgetFunction as a benefit expert, reviewing and analyzing unique situations and recommending appropriate action to Consultants and ProducersManage development and maintenance of best practice templatesProactively identify issues within data or client analyses and develop innovative solutionsCoordinate and complete peer reviews of all work to be presented to a clientAssist with mentoring and training new hire Benefits Analysts Maintain data integrity of account and plan information in agency management system (Benefit Point) Qualifications Associate’s degree required; Bachelor’s degree in Actuarial, Risk Management, Mathematics, Statistics, or other related/ analytical degree or related disciplineMinimum of 3 years experience preferredWorking knowledge of Employee Benefit plansDemonstrated ability to analyze data and make appropriate recommendationsDemonstrated ability to independently organize and perform work activities and to simultaneously handle multiple complex projectsDemonstrated ability to communicate effectively, both verbally and in writingDemonstrated ability to prepare and deliver presentations Ability to plan work and lead and motivate othersStrong computer skills, primarily with MS Excel, Access, PowerPoint and WordLicense in Life and Health required (or attained within 30 days from date of hire)Knowledge of or experience with VBA, Sql, or Python is a plus. Personal Attributes:Problem-solver Strategic thinkerWinning attitude – passionate High energy, upbeat Smart -- intellectually curious Strong mathematical, financial, and Excel acumen Results oriented – make-it-happen sense of urgency Ethical Ability to think in multi-dimensional complex terms Multi-tasking abilitiesOrganizational and time management skillsAbility to be “hands-on” and be tactical Values relationships – a collaborator – team oriented Ability to get into the details – involved in the businessInspires trust Listens and follows direction wellAbility to promote continuous improvement and drive efficienciesCan be relied upon for consistent time and attendance Benefits Offered: Full time position offering competitive benefits package including, Paid Time Off (PTO), 9 paid holidays, 401k, Medical, Dental, Vision, LTD, STD, and Life Insurance available.