Financial Benefits Analyst - Hybrid (Irvine, CA)

OneDigital•Los Angeles, CA

7d•$75,000 - $82,000•Hybrid

About The Position

Employee Benefits is the core of our business and at our heart we are a people-focused organization. Every day, we help over 100,000 employers give their employees peace of mind by providing health, pharmacy, long and short-term disability, vision, dental and other insurance solutions. What makes us unique is that we can surround our clients with more services and more technology-based tools and a team of advisors that simply cares more than anyone else. If you want a career giving people the reassurance that they can have access to the health care they need for themselves and their loved ones, join OneDigital. Our Newest Opportunity: The Financial Benefits Analyst is an individual contributor responsible for delivering high-quality financial, utilization, and benchmarking analysis to support client strategy, renewal planning, and ongoing service needs. In partnership with Producers, Benefits Consultants, and Account Managers, this role supports complex client accounts by developing accurate reporting, analyzing trends, and translating data into actionable insights related to plan design, funding, and cost management strategies. This role is primarily client-facing and execution-focused, with accountability for producing timely, accurate analytical deliverables that support both retention and growth initiatives.

Requirements

Strong analytical mindset with the ability to identify patterns, trends, and insights in complex data sets
Advanced verbal and written communication skills, with the ability to explain technical concepts clearly
Ability to balance hands-on client work with broader team enablement responsibilities
Strong collaboration and relationship-building skills across consultants and producers
Ability to manage multiple priorities and deadlines in a fast-paced environment
4+ years of relevant experience in benefits analytics or financial analysis
Bachelor’s degree required; Business, Finance, Math, Accounting, or related field preferred
Proficient in Microsoft Office products, required
Intermediate to advanced proficiency in Microsoft Excel, required
Active Health Insurance (Life & Health) license required

Nice To Haves

Experience in the healthcare industry with a group insurance carrier, broker, or consulting firm preferred
Strong knowledge of group insurance products including medical, dental, CDHP, pharmacy, life, and disability
Experience with database and analytics applications a plus

Responsibilities

Drafts accurate financial and analytical exhibits for quarterly and annual client meetings
Develops utilization and experience reporting using carrier and internal data sources; analyzes trends and identifies opportunities for plan design, funding, and cost containment strategies
Produces monthly and ad hoc reporting deliverables for clients
Analyzes industry benchmarks to assess competitiveness and inform client recommendations
Supports carrier negotiation processes in partnership with Benefits Consultants
Maintains accurate, current, and organized market and client data within internal systems
Partners with carrier representatives to ensure data accuracy and integrity
Assists with modeling and evaluation of alternative funding arrangements, when applicable
Works closely with Benefits Consultants and Account Managers to support renewal and ongoing service strategy
Provides analytical support for complex client questions and escalations
Supports prospect and growth opportunities by preparing financial exhibits and analysis as requested
Participates in client or prospect meetings when analytics support is needed
Helps translate analytics capabilities into clear, compelling value for clients and prospects