Associate Benefits Analyst
$23 - $24.03 per hourSquaremouth Inc
Who We Are
Breaking Boundaries for 25 years - and counting.
The world is rapidly changing, and HUB is here to advise businesses and individuals on how to prepare for the unexpected. With more than 600 HUB offices across North America, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected through unrelenting advocacy and tailored insurance solutions. Our growing team of professionals across North America represents a broad, deep, and one-of-a kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.
We Love Our People & Our People Love Us
We have the competitive, exciting, and friendly work environment you are seeking. We strategically position our employees for longevity and success by investing in their future and providing continuous opportunities for growth and development. 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 welcome ALL candidates and are proud of our wonderfully diverse employee population.
The Opportunity
Our service professionals play a vital role in supporting our clients with day-to-day account management, claims management, and underwriting services that ensure they have what they need to protect what matters most. Through a robust network of resources, you will be amongst some of the industry's top talent to help guide and support our customer's needs and provide them with innovative insurance solutions.
The Associate 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.
- Functions as the analytical subject matter 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.
What You Bring To The Table
- Bachelor's degree preferred.
- 1-2 years related experience and/or training or equivalent combination of college work and work experience.
- Must have advanced Excel skills, strong verbal and written communication skills and team commitment.
- Must hold (or be willing to obtain) a valid CA Life Agent license.
- Demonstrated math aptitude to include the ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages.
- Demonstrated intermediate knowledge of Microsoft Office with advanced skills in Excel. Knowledge of Project Management software and Database software is a plus.
The expected hourly rate for this position is $23.00 - $24.03 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: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits such as vacation, sick, and personal days, and eligible bonuses, equity and commissions for some positions.
Department Account Management & Service
Required Experience: Less than 1 year of relevant experience
Required Travel: No Travel Required
Required Education: Bachelor's degree (4-year degree)
HUB International Limited is an equal opportunity 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.
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