Consultant Financial Analyst

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Who We Are
NFP, an Aon Company, is a multi-year Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
This full-time position requires review of day-to-day financial reporting and analysis for select clients. The position includes reviewing data for accuracy and creating client specific reports for analysis and review. The position requires strong critical thinking, active listening, presentation and communication skills, Additionally, the Consulting Financial Analyst will serve as a mentor to a Junior Analyst.
Essential Duties and Responsibilities: To perform this job successfully, individual must be able to execute each essential duty satisfactorily:

• Review self-funded, financial reports and provide comments to Account Management team for monthly or quarterly discussions
• Manage claims audit, dependent audit, and plan optimization/contribution differential analysis process
• Develop self-funded renewal projections, assist in the preparation of financial renewal summary, prepare alternate funding options
• Prepare stop loss sensitivity analysis for self-insured clients
• Review client IBNR reserve analysis templates prior to actuarial review
• Proof exhibits created by Level 1 Analysts for mathematical, formulaic, spelling, grammatical and branding errors and ensure they are client-ready
• Update excel-based templates/models to improve the reporting or renewal process
• Attend seminars or educational activities to stay updated on the latest developments, trends and regulations in the marketplace
• Attend client meetings on an as-needed basis to review financial reports
• Maintain confidentiality, HIPAA and GDPR compliance with all client information obtained in the course of work
• Build and maintain solid relationships with carrier sales representatives and Account Management teams
• Collaborate with Account Management teams and clients to design, create and deliver analytic results that drive strategic decision-making and demonstrate the value provided by products and services purchased
• Contribute to the development and enhancement of analytic deliverables; actively participate in department, team and client meetings
• Additional duties as assigned
  

Knowledge, Skills, And/or Abilities

• Critical Thinking – Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
• Active Listening – Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate
• Strong Presentation/Speaking Skills – Effectively communicating with others in an individual or group environment to articulate the items or information needed. Explain technical details, relevance, and implications of analytic results to diverse audiences. Incorporates feedback to improve content and format of deliverables. Ensures analytic results are insightful and actionable
• Time Management – Manage multiple projects with competing deadlines by prioritizing deliverables in collaboration with team and department leadership. Coordinate with teammates to ensure efficient creation of deliverables, track work, and provide regular progress updates. Take ownership of projects and see them through to completion with complex problem-solving skills and exceptional time management
• Contributes to development and enhancement of analytic deliverables. Actively participates in department and team meetings. Completes trainings to maintain and enhance knowledge, skills, and abilities
• Strong knowledge of health insurance products and industry, including trends and drivers of population health status, utilization, costs, and quality
• Ability to correspond on all financial issues in a clear, concise and persuasive manner
• Ability to effectively establish rapport, present information and respond to questions from managers, clients and coworkers
• Ability to work independently
• Strong communication (both verbal and written) and analytical skills
  

Education And/or Experience

• Four-year college or university degree. Finance/Statistics/Mathematics is preferred or 6 years of equivalent work experience
• 3-5 years of related experience and/or training with a carrier, consultant or broker
• Intermediate to Advanced Microsoft Excel skills required
• Microsoft Access and Microsoft Fabric, Power BI skills preferred
  

CERTIFICATES, LICENSES, REGISTRATION

• Employees required to possess or obtain the Ohio Life and Health License within four months of employment
• Ongoing Education: CE Requirements
  

What We Offer
We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others.
The base salary range for this position is $94,000 to $117,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
NFP and You... Better together!
NFP is an inclusive Equal Employment Opportunity employer.