POSITION SUMMARY:
The Employee Benefits Benefit Analyst works collaboratively with the Producer and Account Executive to manage an assigned book of business. The Benefit Analyst primarily provides technical support that requires a thorough understanding of employee benefits, ability to think critically and provide strategic direction, application of advanced math and Excel skills and the ability to establish and maintain collaborative internal and external relationships.
Hybrid candidates considered.
RESPONSIBILITES:
Functions as the analytical subject matter expert in strategy meetings with Account Executive and Producer.
Develops and communicates strategy for RFPs, results and reports to carrier partners/vendors.
Interprets client’s needs and makes recommendations on direction of RFP and contribution analysis.
Understands and analyzes the respective markets and products in order to find the best solutions to meet client’s needs.
Examines benefits and claims data for inclusion in RFPs, organizes carrier & vendor bids received and follows up on non-responses and late submissions.
Negotiates with carriers throughout the RFP process.
Addresses carrier questions during RFP process and advises carriers on the client benefit strategy.
Conducts claims analysis and contribution modeling.
Interprets census data and evaluates it for accuracy.
Communicates with Account Executives and Producers on status of marketing activity.
Reviews insurance bids for compliance with specifications, identifying key differences in bids, and maintaining client databases within internal systems.
Creates and updates templates used during the strategy and marketing process.
Adds to and maintains client access to external online portals.
Provides training as a subject-matter-expert to other Client Services team members on various topics.
Manages and assists with client-related service issues and open enrollment meetings.
FACTORS FOR SUCCESS:
4+ years related benefits experience or equivalent combination of college work and work experience
High School Diploma – Bachelor’s Degree preferred
Demonstrated computer proficiency to include intermediate knowledge of Microsoft Office with advanced skills in Excel – Knowledge of Project Management software and Database software is a plus
Must hold a valid CA Life Agent license or will obtain within 6 months of hire
Ability to ready, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Demonstrated math aptitude including the ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages
Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages
Join the HUB International team and watch your career grow! We offer competitive pay and a comprehensive benefits package including:
Medical/dental coverage
Retirement Plan with 50% company match (first 6% of contribution)
Vacation/holiday pay
Medical and dependent care flexible spending accounts
And much more!
HUB International is an Equal Opportunity /Affirmative Action Employer, M/F/D/V
WHY CHOOSE HUB?:
Throughout our network of more than 450 HUB offices in North America, we offer a competitive exciting and friendly work environment that strategically positions our employees for longevity and success. At HUB, we believe in investing in the future of our employees, and provide continuous opportunities for growth and development. Our entrepreneurial culture fosters an environment that empowers our people to make the best decisions for our customers and organization, focusing on expanding the industry knowledge of our insurance professionals to better serve our valued clients. We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs, yet evolves as your needs change over time. Join us in taking the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction.
We are the perfect fit if you:
Are seeking a progressive work environment at a rapidly growing organization
Have a desire to help others protect their future
Have an entrepreneurial spirit and are challenged by the opportunity to grow the business
Are focused on learning and development to enhance your industry knowledge and expertise
Are a self-starter willing to invest time and energy to learn the technical aspects of our business
Believe in integrity and building success by developing relationships with others
LIKE US SO FAR?
Take the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction. Apply online today!
Are you a veteran? Disabled? We welcome ALL candidates and are proud of our wonderfully diverse employee population.
HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran’s status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm.
The expected salary range for this position is $64,480 – 100,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.
#LI-RS
Department Account Management & Service
Required Experience: 2-5 years of relevant experience
Required Travel: No Travel Required
Required Education: Diploma
HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran’s status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here athttp://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm.
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We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 [email protected]. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.
Hi, we’re HUB.
In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.
When you partner with us, you’re at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.
And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.
About HUB International
Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.
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