Financial Analyst
About The Position
Alera Group is looking for an Employee Benefits Actuarial Analyst- joining us may be the perfect fit for you! Alera Group was founded in 2017 and has grown to become the 15th largest broker of US business (Business Insurance, July 2024). We are passionate about our clients' success in the areas of Employee Benefits, Property and Casualty Insurance, Retirement Plan Services, and Wealth Services. With a network of offices nationwide, our commitment to collaboration allows us to offer national resources combined with local service.
Requirements
- Minimum of 3 years of relevant work experience (required)
- Bachelor's degree or equivalent professional experience
- Demonstrated ability to work independently, creatively, and meet deadlines
- Proficient in Microsoft Office Suite; advanced expertise in Excel
- Comfortable working in a fast-paced, high-pressure environment
- Willingness to travel as needed to support client engagements
Nice To Haves
- PA Life and Health License (preferred; must be maintained if held)
Responsibilities
- Develop financial models for budgeting, renewals, and due diligence
- Support self-funded plan analysis, including premium rate calculations and M&A reviews
- Lead stop-loss negotiations and manage compliance-related fee calculations (e.g., PCORI)
- Conduct benchmarking and data analytics to optimize benefit offerings
- Model employee cost impacts and support strategic benefit decisions
Benefits
- Alera Group offers comprehensive benefits to our colleagues, including medical, dental, life and disability insurance, 401k, generous paid time off and much more.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Industry
Insurance Carriers and Related Activities
Number of Employees
1,001-5,000 employees
