Senior Financial Analyst - Employee Benefits

Description

The Senior Financial Analyst is part of our Health and Welfare Underwriting team which is responsible for leading the underwriting, analysis, and benchmarking process for current and prospective clients from beginning to end while delivering timely and accurate information.

Requirements

• Lead the annual underwriting process for assigned clients, including but not limited to; requesting the census from client as well as other data needed for quoting, competitive market analysis, plan and contract reviews, carrier negotiations, and plan and invoice audits proposed plan design and rates
• Lead client renewal discussions
• Ownership of timely and accurate analysis, tracking, and interpretation of client financial data
• Ownership of employee/employer contribution calculations to meet client’s budgetary requirements
• Build carrier relationships to help expedite information and negotiate preferred underwriting, where necessary
• Attend industry training to develop and maintain an exceptional understanding of the employee benefits industry
• On larger groups, assist in preparation of month-end, quarter-end and year-end claims analysis
• Understand and illustrate the impact of current regulation on our client’s benefits package
• Actively track and document the renewal process in our agency management system
• Completion of plan design and rate renewal audits
• Provide support to other colleagues to complete special projects as needed or work on special client projects as assigned
• Perform other duties as assigned

Required Experience

• Bachelor’s degree in Finance, Economics, Business, or another related field
• Minimum of 5 years’ experience in the employee benefits industry
• Self-funding certification or experience
• Strong analytical and mathematical skills as well as attention to detail
• Ability to train and develop others on the fundamentals of employee benefit financial analytics
• Proficient in Microsoft Word, Microsoft Excel, Microsoft PowerPoint and Adobe
• Mastery of insurance funding concepts

Preferred Experience

• License in Group, Health and Life
• Expertise in agency database system
• Expertise of insurance carriers, employee benefits, and underwriting procedures

Wilshire Benefits Group offers a competitive benefits package and has a great company culture. Winner of Crain's 100 Cool Places to Work in 2019, 2020, and 2021.

Equal Opportunity Employer