What are the responsibilities and job description for the Benefits Analyst - Health & Welfare position at Rael & Letson?
Job Description
Job Description
About Us :
Rael & Letson is an independent employee benefits consulting and actuarial services firm. We serve as a trusted advisor to multiemployer and other retirement and health plans, helping bring high quality benefits to working people. We partner with our clients to design, implement, evaluate and communicate innovative and cost-effective benefit programs customized to their unique needs.
This position will ideally be in Seattle, WA but could be in San Mateo, CA, San Diego, CA, or Honolulu, Hawaii.
Responsibilities :
As a key member of the Health & Welfare Practice, the Benefits Analyst will support the company's objectives by providing technical and administrative support to our team of Health and Welfare consultants and analysts located in multiple offices.
Analytical work :
- Review health plan statistical, financial reports and other specialized reports as needed for reasonableness.
- Prepare periodic client reports on plan operations / performance including annual budget projections of income, expenses and plan reserves.
- Calculate projected plan costs for self-insured coverages (i.e. medical, dental, prescription drug, and vision benefits).
- Calculate COBRA rates, other self-payment rates and required Employer Contribution rates.
- Determine the projected costs savings / cost of benefit or eligibility modifications.
Other Technical and Writing :
Interpersonal responsibilities :
Necessary Skills and Attributes :
Education and Experience :
Company Culture :
We are a friendly, professional team and are open to flexible work arrangements (including working from home and some schedule flexibility), as long as business needs are covered.
At Rael & Letson, we are committed to a culture of diversity and inclusiveness, as demonstrated through our recruitment, retention, and employee development programs. We maintain an environment that respects and builds on the assets and talents of each person, valuing their unique backgrounds including - but not limited to - gender and gender identity, race, ethnicity, sexual orientation, disability status, veteran status, age, and religion. Fostering a diverse and inclusive environment is critical to our success, allows us to attract and retain the best talent and enables us to support one another’s professional success.
Total Comp and Benefits :
In addition to competitive base pay, this position is eligible for our annual bonus program.
We are proud to offer excellent benefits including a 401k with a 5% company contribution, available medical, dental, vision, life and disability coverage, ESOP, generous time off, and more.