Financial Analyst II

NFP•Cleveland, OH

5d•$82,000 - $104,000

About The Position

Who We Are: NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com. Summary : This full-time position requires review of day-to-day financial reporting and analysis for select clients. Position includes reviewing data for accuracy and creating client specific reports for analysis and review. Additionally, the Financial Analyst will serve as a mentor to a Junior Analyst.

Requirements

Critical Thinking – Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
Active Listening – Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times
Strong Presentation/Speaking Skills – Effectively communicating with others in an individual or group environment to articulate the items or information needed
Project Management – Taking ownership of the project and seeing it through to completion through complex problem solving, operational analysis, quality control analysis, technology design, and exceptional time management
Multi-Tasking – Efficiently organize work and manage time in order to meet deadlines and remain on task with designated timelines
Ability to correspond on all financial issues in a clear, concise and persuasive manner
Ability to effectively establish rapport, present information and respond to questions from managers, clients and coworkers
Ability to work independently
Strong Communication and analytical skills
10% travel required - level of travel can potentially increase due to client growth.
Four-year college or university Finance/Statistics/Mathematics is preferred or 6+ years of equivalent work experience
3-5 years of related experience and/or training with a carrier, consultant or broker
Strong Microsoft Excel skills required
Employees required to possess or obtain the Ohio Life and Health License within 4 months of employment.

Nice To Haves

Knowledge of benefits administration, healthcare reform, industry trends, carrier products and services preferred
Microsoft Access and Microsoft Power BI and Power Query skills preferred

Responsibilities

Review self-funded, financial reports and provide comments to Account Management team for monthly or quarterly discussions
Mange claims audit, dependent audit, and plan optimization/contribution differential analysis process
Develops self-funded renewal projections, assist in the preparation of financial renewal summary, prepare alternate funding options
Prepare stop loss sensitivity analysis for self-insured clients
Review client IBNR reserve analysis templates prior to actuarial review
Proof exhibits created by Level 1 Analysts for mathematical, formulaic, spelling, grammatical and branding errors and ensure they are client ready
Update excel-based templates/models to improve the reporting or renewal process
Attends seminars or educational activities to stay up-to-date on the latest developments, trends and regulations in the market place
Attend client meetings on an as-needed basis to review financial reports
Maintain confidentiality and HIPAA compliance with all client information obtained in the course of work.
Build and maintain solid relationships carrier sales representatives and Account Management teams
Additional duties as assigned