Financial Benefits Consultant (Hybrid)

Digital Insurance • Tampa, FL

6d • Hybrid

About The Position

The Financial Benefits Consultant supports financial analysis for clients’ group benefit programs and works collaboratively with the financial support team to assist Account Managers and Benefits Consultants. The role develops benefit and financial illustrations that help clients evaluate their benefit plans. It also analyzes utilization, costs, and industry benchmarks; prepares client reporting and meeting materials; and maintains productive relationships with carrier partners.

Requirements

• 3–5 years of experience.
• Bachelor’s degree required.
• Proficiency in Microsoft Office products required.
• Intermediate to advanced proficiency in Microsoft Excel required.
• Ability to analyze data and recognize analytical patterns.
• Strong verbal and written communication skills.
• Presentation skills.
• Ability to effectively handle multiple and changing client priorities and deadlines.
• Excellent interpersonal skills.
• Ability to thrive in a fast-paced environment.
• License required.

Nice To Haves

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

Responsibilities

• Draft and review accurate exhibits for quarterly and annual client meetings.
• May assist the Benefit Consultant with carrier negotiations.
• Mentor junior team members.
• Draft and review client utilization reports using carrier reporting methods.
• Analyze data and identify opportunities for plan design and product changes based on utilization patterns.
• Draft and review monthly client reporting deliverables.
• Draft and review cost projections for benefit plan offerings.
• Analyze industry benchmarks and prepare information showing clients’ 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 according to company policy.
• Employee perks and discounts.
• 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