Market Analyst - Hybrid (Minnetonka, MN)
$60k - $80kOneDigital
Employee Benefits is the core of our business and at our heart we are a people-focused organization. Every day, we help over 100,000 employers give their employees peace of mind by providing health, pharmacy, long and short-term disability, vision, dental and other insurance solutions. What makes us unique is that we can surround our clients with more services and more technology-based tools and a team of advisors that simply cares more than anyone else. If you want a career giving people the reassurance that they can have access to the health care they need for themselves and their loved ones, join OneDigital. Our Newest Opportunity: Summary: The Market Analyst conducts all aspects of marketing and financial analysis related to clients’ group benefit programs. The Market Analyst works closely and collaboratively with the Account Manager and Benefits Consultant as subject matter expert to produce and present benefit and financial illustrations that allows clients to properly evaluate their benefit plans. Essential Duties and Responsibilities (include but are not limited to): Creates, owns & delivers (where appropriate) detailed reports and presentations of marketing information Maintains accurate, current, organized and complete market information in internal databases Owns the renewal projection calculations, data analytics Owns the carrier negotiation process Develops and maintains strong working relationships with carrier partners Works closely with Benefits Consultants and/or Client Executives to manage the entire renewal process Communicates and educates team on latest client data trends Prepare accurate market exhibits for proposal responses, quarterly and annual client meetings; attend and engage as subject matter expert on those exhibits/responses Assists the Account Manager to review client utilization reports and identifies opportunities for plan design and product changes, based upon utilization patterns Owns the Request for Proposal (RFP) process by owning financial analysis and being available to the client for recommendation Carrier certificate review, new product application tracking, new client data gathering Manages day to day client issues Attend regular client meetings Builds relationships with client through proactive communications Communicates renewal decisions to carriers, gathers plan summaries and SBCS for client. Assists clients and/or consultants with 5500 form filings, wrap documents, non-discrimination testing as applicable Assists in growing the book of business through cross-sale opportunities when available Assists team and clients as necessary with special projects Qualifications, Skills and Requirements: Strong quantitative and analytical skills Able to analyze data and recognize analytical patterns; Strong verbal and written communication skills Ability to effectively handle multiple and changing client priorities and deadlines Ability to effectively present data Excellent interpersonal skills Ability to thrive in a fast paced environment Ability to analyze data and recognize analytical patterns Must be very detail-oriented Education, Training and Experience: Bachelor’s degree, required; Business, Finance, Math, Accounting or related field, preferred Proficient in all Microsoft Office products, required Intermediate to Advanced Microsoft Excel experience, required; Experience in the healthcare industry working for a group insurance carrier, broker or consultant, preferred Knowledge of group insurance including medical, dental, CDHP, pharmacy, life and disability products, preferred Experience with database applications, a plus Current life and health producer license or ability to acquire within 90 days of hire (company paid), required The typical base pay range for this role nationwide is $60,000 to $80,000 per year. Your base pay is dependent upon your skills, education, qualifications, professional experience, and location. In addition to base pay, some roles are eligible for variable compensation, commission, and/or annual bonus based on your individual performance and/or the company’s performance. We also offer eligible employees health, wellbeing, retirement, and other financial benefits, paid time off, overtime pay for non-exempt employees, and robust learning and development programs. You will receive reimbursement of job-related expenses per the company policy and may receive employee perks and discounts. To learn more, visit: OneDigital is an equal opportunity employer. Not only as a matter of standard, but to honor and celebrate our differences. We believe that the power of ONE starts with you. We are committed to cultivating and preserving a culture that celebrates diversity, insists on equity and inclusion, and connects us. Ensuring our people feel seen, valued, respected, and supported is fundamental to our core values and business goals. OneDigital provides equal employment opportunities to all employees and applicants for employment regardless of their: veteran status, uniformed servicemember status, race, color, religion, sex, sexual orientation, gender identity, age (40 and over), pregnancy (including childbirth, lactation and related medical conditions), national origin or ancestry, citizenship or immigration status, physical or mental disability, genetic information (including testing and characteristics) or any other category protected by federal, state or local law (collectively, “protected characteristics”). A copy of the Federal EEO poster is linked here. Pursuant to local Fair Chance Ordinances, we will consider qualified applications with arrest or conviction records for employment. For applicable candidates, the following ordinances are linked here to inform you of your rights as an applicant: City and County of San Francsico City of Los Angeles County of Los Angeles Employment decisions shall comply with all other applicable federal, state and city/county laws prohibiting discrimination in employment. OneDigital complies with all criminal history inquiry [or ‘ban the box’] laws in California, Connecticut, Colorado, Hawaii, Illinois, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New Mexico, Oregon, Rhode Island, Vermont and Washington. In short, we believe in hiring the most qualified applicant for the position, regardless of background. If you have questions about our hiring policies and practices, we would be happy to discuss upon receiving your application. We hope to welcome you to OneDigital and look forward to hearing from you. OneDigital understands the immense responsibility and opportunities provided by Artificial Intelligence. We utilize advanced Artificial Intelligence [AI] technologies to enhance our recruitment process. This includes using AI to filter candidates based on their qualifications and to rediscover potential candidates from our existing applicant pool. Our AI systems help us efficiently identify the best fit for our open positions, ensuring a streamlined and effective hiring experience. However, AI does not replace the humans in our process. If you have concerns about our use of AI, you may opt out where laws allow. Thank you for your interest in joining the OneDigital team! OneDigital is a growing organization of caring, collaborative, and driven professionals who have dedicated their careers to improving the lives of millions of people every day. We are in the people business. We offer employers and individuals insurance, financial services and HR consulting services, which improve the wellbeing, health and financial security of people across the US. Learn More At OneDigital, our promise is to help you do your best work and live your best life. Working at OneDigital is more than a career, it is a calling to serve. It is “a career of consequence.” We set the bar high and the pace fast. We value growth and learning and always make time to celebrate our successes. We have each other's back and use words like love and family in the same sentence with achievement and accountability. Join the OneDigital Professional Network We believe in living with purpose and thriving both as individuals and as communities. We call this "walking the talk", and it’s why we offer the same total-wellbeing benefits to our people as we do our clients. It also means feeling safe to speak up, being seen and respected for who you truly are, and being cared for by your leaders and team members. Learn more: Diversity, Equity, Inclusion, and Belonging at OneDigital Careers at OneDigital Culture at OneDigital Follow us on LinkedIn
$72.8k - $130k
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