Benefit Analyst - Employee Benefits Large Group

Kapnick Insurance Group•Adrian, MI

40d

About The Position

Founded in 1946, Kapnick Insurance is an independent insurance advisory firm with Michigan roots and a global reach. Our 210+ colleagues provide expert guidance and creative problem solving pertaining to business insurance, risk solutions, employee benefits, worksite well-being, and personal insurance to a vast and diverse base of clients worldwide. For over 79 years, companies and individuals have looked to Kapnick as a trusted advisor, providing solutions that protect their operations and employees. As a Benefit Analyst, you will partner closely with the Client Executive to develop innovative, data-driven employee benefit strategies that help clients manage rising healthcare costs. You'll play a critical role in supporting existing clients by delivering thoughtful analysis, strategic recommendations, and high-quality service aligned with departmental goals and best practices.

Requirements

Bachelor's Degree (4-year college or technical school) - Mathematics, Finance, Business, and Economics: Preferred
3+ years of experience in employee group benefits
Advanced computer skills in Microsoft (Outlook, Excel, Word, and Power Point) familiarity with carrier underwriting tools (employee benefits), and agency management systems
Innovative thinker
Excellent communication skills
Self-motivated
Ability to meet deadlines
Comfortable meeting new people and willing to run with a project

Nice To Haves

Bachelor's Degree (4-year college or technical school) - Mathematics, Finance, Business, and Economics: Preferred

Responsibilities

Strategic Plan Development: Collaborate with internal teams to align client budget objectives, evaluate plan design options, and uncover optimal market opportunities to support compelling proposal development.
Funding Model Expertise: Work with groups of 50+ lives across a variety of funding arrangements-including fully insured, self-funded, reference-based pricing (RBP), direct primary care (DPC), and level-funded models.
Market & Underwriting Insight: Maintain up-to-date knowledge of underwriting guidelines, renewal methodologies, and carrier products, including rates and coverage structures, to deliver informed, consultative support to internal teams.
Carrier Negotiations: Negotiate with carriers to secure competitive pricing and favorable terms for both renewals and new business.
RFP Creation & Management: Develop RFPs based on internal strategy discussions; monitor submission progress and liaise with carriers regarding proposal status.
Benchmarking & Analytics: Utilize benchmarking tools to produce comparative analyses that support data-driven decision-making and performance evaluation.
Data Integrity & Reporting: Oversee the annual post-renewal data validation and integration process, ensuring accuracy and consistency across reporting platforms.
Claims Reporting: Prepare and deliver monthly claims reports with relevant insights into plan performance.
Reporting & Visualization: Generate standard and ad-hoc reports by leveraging internal and external reporting tools to extract, transform, and visualize data.
Departmental Support: Assist the Manager of Financials & Analytics with departmental initiatives and special projects as needed.
Collaboration & Communication: Participate in departmental, agency, service team, and client meetings as required.
Culture & Continuous Improvement: Contribute positively to a collaborative workplace culture, and proactively identify opportunities for innovation and process improvement to enhance agency-wide efficiency.