What are the responsibilities and job description for the Benefits Analyst (In-House Required) — Hauppauge, New York position at Professional Group Plans?
Job Description
Professional Group Plans currently has an exciting opening for a Benefits Analyst in our Hauppauge location. The right candidate will have prior experience in the Employee Benefits industry with exposure to the RFP process, Underwriting, and cost analysis design. The primary responsibilities will be preparation of RFP’s, thorough review of vendor proposals, compiling marketing results, preparation of financial cost analysis for client presentations, as well as renewal evaluations for assigned accounts. The role will work with both our internal team and broker/carrier partners and must diligently follow work flow process for all assigned accounts. The candidate must be a team player yet able to operate independently. We are looking for an extremely detailed and organized individual, with strong data analytic skills, and ability to deliver on multiple deadlines in a fast-paced environment. The ability to work well under pressure is vital to the success of this individual.
Responsibilities
$50,000 – $65,000
Professional Group Plans currently has an exciting opening for a Benefits Analyst in our Hauppauge location. The right candidate will have prior experience in the Employee Benefits industry with exposure to the RFP process, Underwriting, and cost analysis design. The primary responsibilities will be preparation of RFP’s, thorough review of vendor proposals, compiling marketing results, preparation of financial cost analysis for client presentations, as well as renewal evaluations for assigned accounts. The role will work with both our internal team and broker/carrier partners and must diligently follow work flow process for all assigned accounts. The candidate must be a team player yet able to operate independently. We are looking for an extremely detailed and organized individual, with strong data analytic skills, and ability to deliver on multiple deadlines in a fast-paced environment. The ability to work well under pressure is vital to the success of this individual.
Responsibilities
- Marketing of renewals & new business opportunities for all Employee Benefits lines of coverage
- Analyze, compare, and ensure accuracy of vendor proposals, services, and products
- Manage analytical work flow to ensure efficient, timely, and accurate creation of financial deliverables/spreadsheets to broker partners and/or clients
- Deliver financial analysis in accordance with broker partner and client timelines; including cost savings and projections, recommended solutions, model contribution strategies, review and update of vendor pricing
- Build additional analytical models as needed
- Review claims reports and substantiate renewals
- Assist with building employee communications materials including open enrollment materials
- Working in the office is required
- Highly detail-oriented with excellent planning, organizational, and reprioritization skills
- Strong problem solving & time management skills
- Strong understanding of Excel & PowerPoint is required
- Prior experience in the employee benefits industry with exposure to RFP process & developing cost analysis
- Bachelor’s Degree and/or equivalent related experience
- Hold State Health, Life & Accident License or willing to obtain one within an agreed upon timeframe
$50,000 – $65,000
Salary : $50,000 - $65,000