Employee Benefits Data Analyst
Employee Benefits Data Analyst
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
About Acrisure
A global fintech leader Acrisure empowers millions of ambitious businesses and individuals with the right solutions. Bringing cutting-edge technology and top-tier human support together it connects clients with customized solutions across a range of insurance reinsurance payroll benefits cybersecurity mortgage services and more.
In the last eleven years Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19000 colleagues in 21 countries. Our culture is defined by our entrepreneurial spirit and all that comes with it: innovation client centricity and an indomitable will to win.
Job Summary:
The Field Data Analyst will interface directly with clients and prospects to provide financial analysis (cost drivers and trends) and renewal projections/materials (predictive analysis and methodologies) in partnership with the Relationship Manager and Account as a project manager under the direction of benefit leadership focusing on the changing needs of our clients and teams.
Responsibilities:
Provides underwriting analysis services through scrutinizing information on medical/Rx claims demographics benefit design medical network and other standard criteria.
Evaluates stop-loss renewals for fairness accuracy and consistency; challenges cost assumptions and negotiates directly with MGU/stop-loss representatives/underwriters focusing on proposed limitations and exclusions negotiates terms and makes recommendations to Sales and Service Teams.
Assists the Client Advisors and Service Teams with negotiations analyzes underwriting data/methodology from carriers and makes recommendations for adjusting/explaining rate factors to obtain better premium/terms
Delivers consistency and provides ongoing improvement of the client financial/data analytics and assists with the development of new reporting tools and models
Prepares reporting packages for self-funded clients in accordance with playbook (e.g. progress report strategy pre-renewal renewal).
Responsible to understand and to expertly explain external market influences and internal experience trends driving benefit costs to clients.
Assists in the preparation and delivery of client and prospect presentations and demonstrates data analytics and modeling tools as appropriate
Identifies cost reduction opportunities and alternative funding arrangements for prospects and clients.
Responsible for detailed knowledge of carrier and TPA reporting systems of assigned clients for all data analysis and reporting needs through developing and maintaining excellent carrier/vendor relationships
Gathers calculates and organizes benchmarking data from relevant industry sources
Researches screens plans for and implements third party resources and maintains the ability to present these resources to clients and prospects.
Evaluates processes and makes recommendations to the leadership team and assists with implementation
Coordinates the development and ongoing management of benefit specific materials with marketing
Collaborates with benefits service team members and represents team when managing the above items.
Keeps up to date industry trends and updates new product information legislation coverage and technology to continuously improve knowledge and performance.
Performs work activities in an accurate manner and with the proper sense of urgency
Requirements:
Strong computer skills and a high level of comfort in a virtual work setting
Strong knowledge of Microsoft Office products
Ability to work in a fast-paced environment with minimal instruction and a high degree of accuracy and attention to detail.
Excellent verbal and written communication abilities
Ability to work well on a team
Strong organizational and multi-tasking abilities
Education/Experience:
Bachelors degree preferred with a preference in quantitative analytical field such as Finance Account Math Statistics and Economics or equivalent combination of education and experience.
Minimum of 3 years experience in Employee Benefits related field with experience in quantitative analysis solving business problems in a brokerage or consulting firm with large self-funded employers or as a large group underwriter with health insurance or stop-loss carrier.
Current Insurance License in Health and Life for the state in which your HNI office is located
Benefits & Perks:
Competitive compensation
Industry leading healthcare
Savings and Investments
Charitable Giving Programs
Opportunities for Growth
Parental Leave
Generous Time Away
Making a lasting impact on the communities it serves Acrisure has pledged more than $22 million through its partnerships with Corewell Health Helen DeVos Childrens Hospital in Grand Rapids Michigan UPMC Childrens Hospital in Pittsburgh Pennsylvania and Blythedale Childrens Hospital in Valhalla New York.
To learn more visit or follow us on LinkedIn.
Acrisure is committed to employing a diverse workforce. All applicants will be considered foremploymentwithout attention to race color religion age sex sexual orientation gender identity national origin veteran or disability status. California residents can learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy available at Executive Search Firms & Staffing Agencies: Acrisure does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Acrisures property and Acrisure will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Acrisures Human Resources Talent Department.
Required Experience:
IC
Employment Type
Full-Time
