Financial Analyst, Employee Benefits

HUB International • Los Angeles, CA

1d • $100,000 - $120,000

About The Position

The Employee Benefits Financial Analyst provides analytical support to Business Advisors, Account Executives, Producers, client services teams, and clients. The role serves as a reporting and analytics subject matter expert, developing routine and custom reports, interpreting benefits and claims data, and delivering actionable insights and recommendations. The analyst supports new and renewal group benefits marketing, including preparing renewal information, coordinating the quoting process, developing RFP strategy, reviewing and negotiating carrier bids, and managing timely renewals. The position also conducts claims analysis, contribution modeling, self-funded plan valuations and modeling, complex experience reporting, and benchmarking and strategic planning support. The analyst maintains client databases and portal access, troubleshoots data issues, coordinates with carriers and internal teams, and provides mentorship and training to Benefit Analysts. The role is expected to manage a book of business with $2,000,000–$2,500,000 in revenue and approximately 10–15 clients.

Requirements

• Minimum six years of experience in benefit brokerage, benefit data analytics, benefits or insurance administration, or a related field is preferred.
• Experience marketing group benefits to carriers.
• Experience with self-funded plans is required.
• Strong critical-thinking, communication, interpersonal, multitasking, and organizational skills.
• Excellent verbal and written communication skills.
• Ability to work as a team player, demonstrate self-motivation, and perform in a fast-paced environment.
• Thorough, detail-oriented approach and ability to work with confidential information.
• Ability to accommodate immediate requests, work under short deadlines, and coordinate multiple jobs.
• Ability to function independently with minimal supervision.
• An equivalent combination of education and/or relevant work experience may substitute for minimum qualifications.

Nice To Haves

• Bachelor's degree from a college or university is preferred.
• Six or more years of experience in benefit brokerage, benefit data analytics, benefits or insurance administration, or a related field is preferred.
• Team-oriented attitude, self-motivation, and ability to work in a fast-paced environment.

Responsibilities

• Provide analytical support and reporting for clients, Business Advisors, Account Executives, Producers, and client services teams.
• Serve as a reporting and analytics subject matter expert and respond to inquiries with information, guidance, and data troubleshooting.
• Develop routine and custom reports, including renewal information and history, mid-year planning, stewardship, utilization and claims analysis, plan cost variances, plan change analysis, claim history, and claim projections.
• Prepare renewal information, including plan data, census, and renewal history.
• Develop and communicate RFP strategy, results, and reports to carrier partners and vendors; manage new and renewal submissions and quoting-related implementation.
• Manage renewal project workflows, deadlines, quality, communications, and carrier coordination.
• Interpret client needs and recommend direction for RFPs and contribution analysis.
• Quote new and renewal groups and analyze markets and products to identify suitable client solutions.
• Review benefits and claims data for RFPs, organize carrier and vendor bids, follow up on late or missing submissions, negotiate with carriers, and address carrier questions about client benefit strategy.
• Support Account Executives with benchmarking, strategic planning, and reporting data.
• Conduct claims analysis and contribution modeling.
• Serve as a self-funded subject matter expert by running actuarial valuations, ISL modeling and lasers, expected claims calculations, budget and accrual rates, and increments/decrements.
• Build and deliver complex experience reporting, with Financial Consultant team peer review.
• Perform advanced data mining, interpretation, advisory services, and troubleshooting using Infused Analytics.
• Interpret census data and evaluate its accuracy.
• Communicate marketing activity status to Account Executives and Producers.
• Review insurance bids for compliance with specifications, identify differences, and maintain client databases in internal systems.
• Create and update strategy and marketing templates and maintain client access to external online portals.
• Mentor and train Benefit Analysts and Benefit Analysts II, including supporting their self-funded and analytics capabilities.
• Manage and assist with client-related service issues and maintain positive internal and external relationships.
• Attend carrier sales meetings, trainings, and webinars; maintain knowledge of products and relay information among carriers, Account Executives, and Producers.
• Coordinate with carriers and internal HUB teams and use BenAdmin, workflow, carrier, and proposal systems.
• Apply knowledge of HUB internal solutions and subject matter experts, including financial consulting, stop-loss, voluntary benefits, and pharmacy benefit resources.
• Use and interpret Snapshot 360, Health Insights, and Infused Analytics (Cedar Gate) tools for data mining, advisory support, and troubleshooting beyond standard reporting.
• Research and resolve data issues using multiple systems, tools, and resources.
• Maintain HUB values, including HIPAA and ACA compliance, and meet turnaround times outlined in KPIs.
• Assist in developing and implementing processes and procedures.
• Act as the analytical subject matter expert in strategy meetings with Account Executives and Producers.
• Collaborate with the Financial Consultant team on analytics, interpretation, solutions, strategy, and presentations for complex client deliverables.
• Delegate ancillary marketing tasks to Benefit Analysts to allow focus on strategic marketing efforts.
• Manage a book of business with expected revenue of $2,000,000–$2,500,000 and an expected client count of 10–15.

Benefits

• Competitive pay and comprehensive health benefits.
• Retirement savings matching.
• Company-paid life and disability plans.
• Paid time off.
• Paid parental leave.
• Wellbeing program.
• Structured training, licensing support, and ongoing development opportunities.
• Potential eligible bonuses, equity, and commissions for some positions.
• Flexible benefits options, subject to employment status, role, location, and eligibility.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior