About the Role

The Employee Benefits Analyst is with one of the country’s largest independent insurance brokers. Their Chicago team has a sophisticated health and welfare program that requires your expertise analyzing information and creating financial deliverables for clients with complex benefit programs. You are deeply involved in the marketing and renewal process, collaborating with the service and sales team to create RFPs and prepare proposal data for client presentations.

Duties & Responsibilities

• Identify plans up for renewal and gather vendor information and client data for marketing purposes
• Utilize analytical tools to analyze claims reports, enrollment reports, and utilization data to identify emerging trends, patterns, and anomalies within health and welfare plans
• Provide benchmarking and plan modeling
• Prepare financial information to include renewal projections, premium calculations, budgeting, and contribution strategies
• Meet with clients to explain external market influencers and internal experience trends driving benefit costs

Skills & Experience

• Bachelor’s degree and minimum three (3) years of insurance carrier, benefits administration, or insurance agency role experience with health and welfare data analytics
• Advanced Excel skills
• Intermediate to advanced knowledge in healthcare funding strategies (fully insured, self-funded and level funded plans), healthcare plan structures, stop-loss insurance, pharmacy benefits, and ancillary benefits coverage

Job Specs

Location: You work for the Chicago team which offers a hybrid schedule with the option to work from their downtown location or a couple different offices within the north/northwest suburbs.