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Marsh & McLennan Companiesposted 2 months ago
Full-time • Entry Level
Hybrid • Troy, MI
Insurance Carriers and Related Activities
Resume Match Score

About the position

The Associate Benefits Analyst (ABA) is responsible for obtaining and analyzing group benefit program proposals for clients. The Associate Benefits Analyst analyzes bids for group health and welfare coverage for clients, provides benchmarking research and analysis, and develops detailed client reports. The ABA provides substantial financial analysis for approximately 3 clients. The ABA works on a few small to mid-sized fully insured cases, demonstrating a high level of accuracy within their work product. This position spends a significant amount of time in Excel. In addition, the ABA provides mid-level support to assigned Senior Benefit Analysts and the department in general.

Responsibilities

  • Obtain and analyze group benefit program proposals for clients.
  • Analyze bids for group health and welfare coverage.
  • Provide benchmarking research and analysis.
  • Develop detailed client reports.
  • Conduct substantial financial analysis for approximately 3 clients.
  • Work on small to mid-sized fully insured cases with high accuracy.
  • Provide mid-level support to Senior Benefit Analysts and the department.

Requirements

  • Bachelor's degree in finance, mathematics or related area preferred.
  • One to three years of office administrative/financial support experience.
  • Proficient in MS Word, Excel, and PowerPoint.
  • Strong analytical and problem-solving skills.
  • Excellent written and verbal communication skills.
  • High level of professionalism when working with clients and vendors.
  • Strict adherence to HIPAA regulations.
  • Flexibility to arrive early and stay late as needed.
  • Strong telephone and interpersonal skills.
  • Accuracy and attention to detail; ability to proof work.
  • Excellent organizational and time management skills.
  • Ability to work under pressure with tight time constraints.

Nice-to-haves

  • Experience in the insurance or benefits industry.
  • Familiarity with health insurance regulations and compliance.

Benefits

  • Generous time off, including personal and volunteering.
  • Tuition reimbursement and professional development opportunities.
  • Hybrid work environment.
  • Charitable contribution match programs.
  • Stock purchase opportunities.
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