Financial Analyst, Employee Benefits

Financial Analyst, Employee Benefits If you love digging into data and are just as energized by explaining what it means, this might be the role for you. As a Financial Analyst on our Employee Benefits consulting team, you'll be the person who turns claims reports, renewal models, and carrier proposals into clear, actionable guidance for your teammates and for clients. Job Responsibilities Claims & Experience Analysis You'll keep a close eye on how our clients' plans are performing monitoring monthly claims across medical, pharmacy, dental, and vision, tracking utilization trends, and flagging cost drivers before they become surprises. You'll turn that data into clear reports and dashboards for both internal teams and clients. Financial Modeling & Forecasting You'll build and maintain underwriting and financial models to project renewal costs, explore plan design alternatives, and support multi-year cost planning. The goal isn't just accurate outputs; it's making sure those outputs are presented in a way that actually helps clients make decisions. Market Analysis & Carrier Quoting You'll prepare RFPs and underwriting submissions, analyze carrier and stop-loss proposals, and build the side-by-side comparisons that guide client choices. Plan Strategy & Risk Review You'll contribute data-driven thinking to client strategy conversations by modeling plan design changes, contribution strategies, and employee cost-sharing scenarios. You'll help prepare renewal scenarios that walk clients through the range of outcomes so they can make confident, informed decisions. Reporting Innovation & Cross-Team Collaboration You'll be part of something exciting: partnering with our internal Data & Engineering Team as they build software to automate our monthly and quarterly claims reporting. You'll validate outputs, flag anomalies, and provide the real-world feedback that shapes the final product. Team Collaboration & Development You'll work closely with Financial Consultants and Account Managers, contributing to the accuracy and quality of client deliverables. You'll participate in team knowledge sharing, look for ways to improve processes, and grow into an even more valuable contributor over time. About You People who thrive in this position: Are genuinely interested in employee benefits you find this industry meaningful and want to keep learning. Love working with data and get just as excited about communicating what it means. Can translate complex financial concepts into language that resonates with non- financial audiences. Hold your own work to a high standard; accuracy matters to you. Enjoy collaborating and are a reliable, engaged teammate. Thrive with multiple projects in motion and know how to prioritize. Are curious, growth-oriented, and always looking for ways to add value. Education, Training, and Experience Bachelor's Degree in Mathematics, Actuarial Science, Finance, Economics, or a related field. Four to six years of experience in employee benefits financial analysis, consulting, or a closely related role. Prior experience at an employee benefits brokerage or consulting firm is required. Demonstrated ability to build financial models and communicate results to non-technical audiences. Solid knowledge of group insurance products: medical, dental, vision, life, and disability. Working knowledge of benefits financial concepts: stop-loss, self-funding, claims analysis, and plan design modeling. Strong project management skills and a track record of delivering accurate work on deadline. Familiarity with compliance requirements for employer-sponsored health plans: PPACA, COBRA, HIPAA, ERISA, etc. Exceptional Excel skills and comfort with the broader Microsoft Office suite. Asana, Box, Salesforce, and/or Craft experience is a bonus. Career Path We believe in growing our people. Here are a few paths Financial Analysts have taken at LoVasco: Financial Consultant: Step into a senior financial role with greater ownership of modeling, carrier negotiations, and client strategy. Lead the financial conversation in client engagements. Account Executive: Deepen your client relationships and take on account ownership as the primary strategic advisor, working alongside the full benefits consulting team. Data Analyst / Data Engineer: If you're drawn to building the systems behind the analysis, our data team designs the reporting workflows that power our entire practice. Benefits Medical, Dental & Vision Insurance Competitive compensation 401(k) plan with company match Employer-paid life, short-term, and long-term disability insurance Flexible spending account Generous paid time off Paid parental leave Summer Friday hours Professional development assistance Volunteer days with local charity Team building events and outings Remote and flexible work environment #J-18808-Ljbffr LoVasco