drjobs Associate Financial Consultant

Associate Financial Consultant

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1 Vacancy
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Job Location drjobs

New York City, NY - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

HUB International Limited (HUB) is the 5th largest global insurance broker providing a broad array of property casualty risk management life and health employee benefits investment and wealth management products and services. With over 20000 employees in 750 offices throughout North America HUB has grown substantially in part due to our industry leading success in mergers and acquisitions.

We are seeking a Associate Financial Consultant for our Employee Benefits Team.

General Purpose

Responsible for providing assistance and support to Clients Producers and Client Relationship Managers on new and renewal accounts in accordance with the practices policies and procedures of the Company.

Core Responsibilities (include but not limited to)

  • Manage data collection process
  • Prepare analytics and reporting of clients for client management team on a regular basis.
  • Assist in developing enhancing and maintaining underwriting methods and techniques.
  • Manage data collection process.
  • Perform data analysis and basic financial analysis.
  • Conduct plan performance analysis.
  • Develop claims projections for existing clients.
  • Assist with financial modeling of plan design alternatives.
  • Assist in developing client contribution strategies.
  • Assist with carrier negotiations.
  • Prepare FRP responses as directed and in conjunction with the sales team.
  • Review contract benefits and rates.
  • Perform accuracy review of plan information before sending to client.
  • Assist in preparation and delivery of client presentations.
  • Prepare client documents including initial results report based on RFP responses.
  • Contribute to enhancement of client services/sales be well informed and maintain a familiarity with industry trends.

Knowledge/Skills & Abilities Required

  • College degree or equivalent work experience.
  • Minimum 35 years experience in brokerage consulting insurance or corporate benefits environment
  • Familiar with employee benefit products: medical pharmacy dental vision disability and life
  • Basic knowledge of health plan rating and underwriting concepts
  • Knowledge of large group insured & self funded markets including captives reference based pricing etc
  • Understands Consumer Directed Health Plans
  • Accurate and high attention to detail
  • Excellent analytical & problemsolving skills
  • Excellent verbal and written communications skills
  • Excellent presentation skills
  • Excellent interpersonal skills
  • Able to work independently and with a sense of urgency
  • Able to work well in a team environment
  • Ability to multitask
  • Knowledge of all Microsoft Office applications
  • Current life & health license

The expected pay range for this position is $32.97/hr to $41.21/hr and will be impacted by factors such as the successful candidates skills experience and work location as well as the specific positions business line scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance FSA HSA and 401(k) accounts paidtimeoff benefits and commissions for some positions.

Department Account Management & Service

Required Experience: 25 years of relevant experience

Required Travel: Negligible

Required Education: Bachelors degree 4year degree)

HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity national origin religion age color sex sexual orientation gender identity disability or veterans status or any other characteristic protected by local state or federal laws rules or regulations.

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Required Experience:

IC

Employment Type

Full-Time

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