Financial Benefits Analyst - Hybrid (Irvine, CA)

OneDigital • Los Angeles, CA

2d • $70,000 - $80,000 • Hybrid

About The Position

The Financial Benefits Analyst supports financial analysis related to clients’ group benefit programs and works collaboratively with the financial support team to support Account Managers and Benefits Consultants. The role prepares benefit and financial illustrations to help clients evaluate their benefit plans. It also produces client reporting, analyzes utilization and industry benchmarks, maintains market information, and develops working relationships with carrier partners.

Requirements

• 2–3 years of experience.
• Bachelor’s degree required.
• Proficiency in all Microsoft Office products.
• Intermediate to advanced proficiency in Microsoft Excel.
• Ability to analyze data and recognize analytical patterns.
• Strong verbal and written communication skills.
• Ability to effectively handle multiple and changing client priorities and deadlines.
• Excellent interpersonal skills.
• Ability to thrive in a fast-paced environment.

Nice To Haves

• Bachelor’s degree in Business, Finance, Math, Accounting, or a related field.
• Experience in the healthcare industry working for a group insurance carrier, broker, or consultant.
• Strongly preferred knowledge of group insurance, including medical, dental, CDHP, pharmacy, life, and disability products.
• Experience with database applications.

Responsibilities

• Draft accurate exhibits for quarterly and annual client meetings.
• Draft client utilization reports using various carrier reporting methods; analyze data and identify opportunities for plan design and product changes based on utilization patterns.
• Draft monthly reporting deliverables for clients.
• Analyze industry benchmarks and prepare information to show clients their competitiveness in the industry.
• Develop and maintain strong working relationships with carrier partners.
• Maintain accurate, current, organized, and complete market information in internal databases.
• Assist the team and clients with special projects as necessary.

Benefits

• Health, wellbeing, retirement, and other financial benefits for eligible employees.
• Paid time off.
• Overtime pay for non-exempt employees.
• Learning and development programs.
• Reimbursement of job-related expenses per company policy.
• Employee perks and discounts may be available.
• Some roles may be eligible for variable compensation, commission, and/or an annual bonus based on individual and/or company performance.

What This Job Offers

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