What are the responsibilities and job description for the Insurance Employee Benefits Analyst position at Woodruff Sawyer?
About the Role
As a Benefits Analyst in the Data Analytics department at Woodruff Sawyer, you will play a pivotal role in supporting our sales teams, service teams, clients, and vendor partners. You will be responsible for various tasks including Data Analytics modeling, marketing and analytics output, client management, data management, and ad-hoc project-based work.
What You'll Do
Take charge of marketing and renewal activity for both fully insured and self-insured clients.
Collaborate with Account teams to develop client strategies, set marketing and renewal objectives, and assess risk to present strategic options.
Direct marketing activities to ensure timely completion of service model timetables.
Interpret marketing strategy and develop Request for Proposal (RFP) to meet objectives.
Carry out marketing instructions and respond to requests from carriers.
Develop and maintain key relationships critical to the sales process and negotiate with carrier contacts to seek competitive options for clients.
Analyze proposals for compliance and desired provisions that meet clients' needs.
Provide illustrations of options and recommendations to Account Managers and Account Executives.
Evaluate and compare benefit plans, costs, and market trend data to develop specific recommendations for clients' overall benefit strategy.
Manage fully insured and self-insured financial, utilization, and claims monitoring reports development and delivery.
Participate in peer review process to ensure accuracy and quality of renewal documents and presentations before client receives information.
This job is for you if...
You have proficiency with office software such as Microsoft Office Word, Excel, and PowerPoint.
You excel in a dynamic work setting and have proven skills in managing various tasks and requirements while working closely with both internal and external partners.
You possess superb organizational and time management skills.
You can take initiative, problem-solve, multitask, and work well under pressure.
You have effective communication skills, both written and verbal, for interactions with clients, colleagues, and vendors.
Experience & Qualifications
Bachelor's degree or equivalent experience is required.
Preferred experience in the insurance industry or insurance broker industry.
Project Management experience is a plus.
1-4 years of experience working directly with employee benefit analysis.
More About Us
Compensation: Anticipated salary between $57,000 – $95,000. Salary offered will be dependent upon geography, experience, and expertise of the candidate.
This position is eligible to participate in an incentive program to earn additional compensation with a target equivalent to 8% of salary annually, based on individual and Company performance.
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Our Benefits Include
Medical, Dental, and Vision coverage
401k Retirement Plan with company match
Ownership in the company through our ESOP (Employee Stock Ownership Program) and profit sharing
Paid vacation, holidays, and sick days
Life Insurance, Short-term, and Long-Term Disability benefits
Flexible Spending Account (FSA)
Wellness programs and workplace flexibility benefits
Professional development and reimbursement programs
Added perks like discounted event tickets, pet insurance, financial coaching, identity theft protection, milk stork, etc.
Compensation and Benefits are what Woodruff Sawyer in good faith believes are accurate for this role at the time of this posting.
Woodruff Sawyer is an Equal Opportunity Employer.
Our Equal Employment Policy incorporates our commitment to maintain an environment free of discrimination and to comply with all federal, state and local laws providing equal employment opportunities.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Salary : $57,000 - $95,000