Benefits Senior Analyst

Job Summary:

Position responsibilitie



· Services a designated book of business as relating to marketing, assisting with claim issues, and day to day administration



· Researches issues’ root cause, implements, and resolves policy related issue



· Uses discretion and independent judgment when analyzing industry trends and providing related Client guidance.



· Recommends and implements potential enhancements or improvements to processes, products, and/or policie



· Facilitates vendor quotes, amendments, and reinstatements for requested changes as needed



· Ensures complete Client information is in data warehouse (BenefitPoint) to ensure data integrity, accuracy and completeness.



· Conducts, creates, and interprets benefit benchmarking studies, design plan comparison reports, and Client presentation material



· Interprets Clients’ current coverage plan and identifies and recommends opportunities to expand lines of coverage



· Engages in Client strategy meetings to manage insured expectations for upcoming term



· Develops and assists with presenting marketing and renewal terms to Client



· Participates in negotiations with carriers for new and renewal quote



· Establishes and maintains relationships and interfaces with Clients, carriers, and other vendor



· Communicate on a professional level with insurance carriers and other vendors to address client issues in a manner that produces optimum results in a timely fashion.



· Prepare and release RFP to appropriate market



· Identifies gaps in coverage or cross-sell opportunities and provides related recommendations to AE/Producer



· Overall responsibility for managing updates to Client employee facing communication



· Prepare open enrollment presentations, Brainshark recordings and conduct enrollment meeting



· Oversee 5500 preparation by the annual deadline



· Researches and understands industry trends and Carrier product offerings and emerging trend



· Knowledge of governmental compliance/regulations to educate Client and respond to client inquirie



· Mentors and trains junior-level staff



· Performs other responsibilities and duties as needed

Requirements:

Position qualification



• Bachelor's Degree in Business Administration or related field and/or years of experience equivalent



• Typically 3+ years of related Client services experience is required



• Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)



• Strong verbal and interpersonal communication skills required



• Demonstrates strong working knowledge and experience within brokerage industry



• Understands industry trends and governmental regulation



• Ability to complete continuing education requirements as needed



• Ability to attend company, department, and team meetings as required, including industry training session



• Ability to comply with all company policies and procedures, proactively protecting confidentiality of Client and company information



• Ability to efficiently organize work and manage time in order to meet deadline



• Ability to travel by automobile and aircraft



• Ability to use office equipment such as a computer, keyboard, calculator, and photocopier



• Ability to work on a computer for a prolonged amount of time



• Ability to work outside of normal business hours as needed



• Legally able to work in the United State