Underwriting & Financial Analyst, Employee Benefits

World Insurance Associates.•Miami, FL

11d•$80,000 - $90,000•Remote

About The Position

Founded in 2011, World is one of the fastest-growing insurance brokers in the U.S. with over 2,200 employees in over 210 offices across North America. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial and retirement services, and human capital management solutions. At World Insurance, you’ll be part of a collaborative team dedicated to delivering best-in-class financial and analytical support to employee benefits clients. This role offers the opportunity to deepen your expertise in underwriting and analytics and grow within the practice while playing a key role in helping employers make smarter benefits decisions. Position Overview World Insurance is seeking an experienced Employee Benefits Underwriting & Financial Analyst to join our Underwriting & Analytics team. In this role, you will analyze financial and contractual information for current and prospective clients ranging from fully insured to self-funded arrangements. You’ll prepare financial deliverables, model renewals, evaluate utilization trends, and support client decision-making with data-driven insights. You’ll work closely within a team of underwriters & financial analysts, while also collaborating with our service teams to deliver high-quality support to clients.

Requirements

2-3+ years of experience in employee benefits, insurance, or a related field.
College degree or CEBS designation preferred.
Life & Health insurance license, or willingness to obtain within 90 days of hire.
Ability to work in a fast-paced environment with some oversight and a high degree of accuracy and attention to detail.
Advanced proficiency in Microsoft Excel (formulas, modeling, formatting) with strong skills in Word and other MS Office tools such as Power BI.
Strong analytical, problem-solving, and critical thinking abilities, with the ability to work with complex data and variables.
Excellent written, oral, and interpersonal communication skills.
Team-oriented, client-focused, and able to build effective working relationships with colleagues, carriers, and clients.
Commitment to staying current on industry trends, regulations, and emerging products.

Nice To Haves

Understanding and/or prior use of Claros, Blue Raven, or other actuarial modeling tools is ideal.
Technical experience with BenefitPoint, AI, Benefit Administration Systems, and Carrier Portals is preferred.

Responsibilities

Manage and prioritize analytical workflow to ensure accurate, timely deliverables.
Prepare and maintain financial dashboards for a book of business (clients typically 100–500 employees). Client funding arrangements may range from fully insured, level funded, and self-funded.
Conduct standard client analyses in alignment with the service calendar, including:
Market review analysis
Renewal rate and funding initial projections/modeling
Claims utilization review
Rate and contribution modeling
Benchmarking studies
Self-funded feasibility analysis
Technical review of group insurance contracts and financial arrangements
Follow established procedures to utilize systems such as BenefitPoint, PerfectQuote, and others.
Collaborate with subject matter experts, including Population Health Management, to deliver holistic client solutions.
Develop alternative plan strategies, models, and cost-reduction opportunities using analytical tools and templates.
Act as primary contact with carriers for marketing, quoting, and renewals; request, evaluate, and negotiate proposals.
Build and maintain excellent relationships with carrier partners.
Draft client-facing executive summaries, including findings, observations, and recommendations.
Prepare formal correspondence such as carrier renewal confirmations and client renewal letters.
Participate in the peer review process to ensure accuracy and quality.
Provide prospect and ad hoc analytical support as needed.
Perform other duties as assigned.