Market Analyst (Employee Benefits)

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Apex Benefits is an independent group benefits brokerage & consulting firm.

Job summary

The market analyst is instrumental in the process of supporting the client service cycle, the analyst along with the advisor and client manager creates the core client team. The market analyst provides value to the client team through delivery of reporting, regarding the promotion, market analysis and retention of the group benefit programs.

Summary of essential job functions/responsibilities

• Responsible for market analysis process for prospects and clients, to include the recommendation for market selection based on client needs, RFP package review and delivery, bid specifications and receipt, appropriateness of market responses, final negotiations and recommendations to be delivered via report for the advisor and client manager to deliver to the client within deadlines stated.
• Listens closely to client team to ensure needs of client are understood; delivers information to clients in way that are easily understood and are of high quality.
• Follow the Apex Benefits preferred method to track all communication which supports and discloses data for client and vendor files, including though not limited to applicable e-mails, proposals, appendix items, spreadsheets.
• Assist team and carriers with problem resolution, respond to general inquiries, answer phone calls, create and update Word, Excel, and PowerPoint documents and adhere to the standards of quality established by Apex Benefits.
• Refines and collects appropriate data for actuarial analysis and ensures its reasonableness and accuracy by coordination within the team.
• Collaborate with advisor and Account Executive to ensure the accuracy of market risk so that an appropriate coverage plan proposal can be created to meet the needs of both the client and its members.
• Participates in team discussions and decisions, acting as a thought partner for clients
• Prioritizes work and takes ownership of tasks.
• Demonstrates Apex Benefits values and maintains positive working relationship with team members, clients, vendors and contacts.

Minimum requirements

• Bachelors Degree preferred
• 2+ years' experience marketing medical and ancillary product lines for small, mid and large employers
• Knowledge of self-funding and reinsurance preferred
• Superior problem solving, analytical ability, attention to detail and customer service skills
• Highly skilled in Excel, Word, PowerPoint, and Web navigation
• Ability to build and maintain relationships with vendor partners.
• Positive attitude, willingness to learn and interest to work toward team goals
• Excellent organizational and time management skills
• Professional writing and verbal communication skills
• Self-motivated, with ability to meet deadlines; ability to work productively and proactively in a minimally supervised environment and follow instructions through project completion
• Ability to plan, organize, and work on multiple tasks simultaneously
• Capable of maintaining confidential information
• Able to react to change positively and handle other essential tasks as assigned

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.