Financial Benefit Analyst
Financial Benefit Analyst
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Salary Not Disclosed
1 Vacancy
Job Description
Who We Are
At HUB International we are a team of entrepreneurs. We believe in empowering our clients and we do so by protecting businesses and individuals in our local communities. We help businesses evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees. As a global firm we offer employees resources in both technology and industry expertise but we still maintain the local flavor of our offices. Our structure enables our teams to maintain their own unique regional culture.
HUB is the 5th largest global insurance and employee benefits broker providing a broad array of property casualty risk management life and health employee benefits investment and wealth management products and services. With over 19000 employees in 600 offices throughout North America HUB has grown substantially in part due to our industry leading success in mergers and acquisitions
What We Offer You
At HUB International we want you to achieve an even work-life balance and our benefits package allows you to manage your health wellness and financial future. HUB International will foster your learning support your endeavors and encourage your growth. We provide opportunities for career-driven individuals to move upward in our organization. Our successes breed your opportunity!
Benefits you may enjoy working at HUB International Midwest-East:
Medical Dental and Vision (PPO HMO and HSA)
Comprehensive Wellness Program
401(k) Retirement Plan
Life and Disability Plans
Vacation Holiday Sick and Personal Time Off
Spending Accounts
Pet Insurance
Comprehensive Onboarding Program
Continuing Education / Personal Development Programs
Flexible Work Arrangements
Employee Engagement Events
Dress for Your Day Dress-Code
Service Awards
Employee Recognition Rewards Program
Heres Where You Come In
As a member of the financial consulting team you will be responsible for providing financial reporting to a subset of HUB clients as determined by the department manager. The focus of this position is to provide regular financial and analytics reporting as well as market contract and pricing analyses to both fully-insured and self-funded group clients. You will work with team members throughout the HUB Midwest-East offices in Michigan and Indiana to assist with the delivery and presentation of cost management data and associated solutions that provide bottom line impact to HUBs clients. You will also play a consultative role in client renewal presentations as appropriate.
Job Responsibilities:
Be responsible for providing detailed and accurate financial consulting on a growing block of business to HUBs clients; particularly their HR and C-suite level representatives
Gather and prepare client information to be sent to our carrier partners for market analysis
Coordinate and manage information requests and deadlines for carrier proposal responses
Produce and effectively present client-facing market contract and pricing analyses to assist clients in their benefits purchasing and strategy process
Manage multiple deadlines and workflows within a fast-paced team environment while maintaining high levels of communication both internally and with clients
Maintain comprehensive knowledge of carrier products and networks cost management solutions and various funding mechanisms
Engage in carrier negotiations while managing the overall renewal/marketing process
Contribute to enhancement of client services/sales by being well informed and maintaining a familiarity with industry trends
Cultural Expectations:
Determination unsatisfied until we are the best. We go the extra mile for clients and our colleagues.
Ownership Responsible to each other our clients and our goals.
Teamwork Together we attain greater success.
Sincerity Giving and receiving direct and caring communication
Qualifications:
BA/BS or technical degree preferred
Strong in analytics mathematics problem-solving and negotiation skills
Must be highly proficient in Microsoft Excel as well as other MS Office products
Self-funded Insurance Experience
Must be detail-oriented well-organized and have the ability to manage a high-volume workload with competing demands
Ability to travel to all office locations and client sites as needed
Excellent written and verbal communication skills
Valid Life and Health Insurance Producer License will be required within 3 months of hire
Department Account Management & ServiceRequired Experience:Required Travel:Required Education: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
