Benefit Analyst

About HUB

In a rapidly changing world HUB advises businesses and individuals on how to prepare for the unexpected. As one of the worlds largest insurance brokers our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad deep and one-of-a kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.

Why choose HUB

Throughout our network of more than 600 HUB offices in North America we offer a competitive exciting and friendly work environment that strategically positions our employees for longevity and success. At HUB we believe in investing in the future of our employees and provide continuous opportunities for growth and development. Our entrepreneurial culture fosters an environment that empowers our people to make the best decisions for our customers and organization focusing on expanding the industry knowledge of our insurance professionals to better serve our valued clients. We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs yet evolves as your needs change over time. Join us in taking the first step toward creating a future that combines a diverse challenging work environment with financial security and career satisfaction.

We are the perfect fit if you:

• are seeking a progressive work environment at a rapidly growing organization
• have a desire to help others protect their future
• have an entrepreneurial spirit and are challenged by the opportunity to grow the business
• are focused on learning and development to enhance your industry knowledge and expertise
• are a self-starter willing to invest time and energy to learn the technical aspects of our business
• believe in integrity and building success by developing relationships with others

Heres where you come in:

We are currently seeking a Benefit Analyst to join our Employee Benefits team. Youll primarily be responsible for providing a critical role in maintaining client relationships. The Benefit Analyst works collaboratively with the Producers and Account Managers to manage an assigned book of business. The Benefit Analyst primarily provides medical plan marketing services claims experience reporting budget projection analysis and technical support that requires a thorough understanding of employee benefits the ability to think critically to provide strategic direction application of advanced math and Excel skills and the ability to establish and maintain collaborative internal and external relationships.

Other responsibilities of the Benefit Analyst role include:

• Functions as the medical analytical subject matter expert in strategy meetings with Account Executive/Producer including but not limited to communicating the status of marketing activity and claims utilization analysis.
• Creates and updates claims experience reporting models and provide analysis and commentary to Client Service team members
• Build projection models for self-funded clients.
• Leads the Medical Market Analysis process: Develops and communicates strategy for Medical Market Analysis analyzes Medical Market Analysis results reports to carrier partners/vendors and negotiates with carriers throughout the RFP process.
• Addresses carrier questions during Medical Market Analysis process and advises carriers on the client benefit strategy.
• Market Analysis may also include dental and vision as necessary.
• Understands and analyzes the respective markets and products in order to find the best solutions to meet clients needs.
• Examines benefits and claims data for inclusion in Medical Market Analysis organizes carrier & vendor bids received and follows up on non-responses and late submissions.
• Conducts claims analysis and contribution modeling.
• Interprets census data and evaluates it for accuracy.
• Reviews insurance bids for compliance with specifications identifying key differences in bids and maintaining client databases within internal systems.
• Creates and updates internal systems and templates used during the strategy and marketing process.
• Submits and performs peer view of reports and other analyses.
• Performs other duties and projects as assigned.

Youre great at:

• Ability to effectively and professionally communicate orally and in writing with internal and external customers.
• Knowledge of self-funded plans and the ability to effectively communicate the mechanics of self-funding.
• Computer Skills: proficiency with Microsoft Office Suite advanced skills in Excel; Project Management software and Database software preferred.
• Desire to learn and grow within the insurance industry.
• Confidence and demeanor to effectively interact with all levels within the organization.
• Ability to effectively work with a team and coach others in developing their skills and abilities.
• Ability to calculate figures and amounts such as discounts interest commissions proportions percentages.
• Ability to ready analyze and interpret general business periodicals professional journals technical procedures or governmental regulations.
• Problem Solving: Ability to identify complex problems and review related information to develop and evaluate options and implement solutions.
• Ability to prioritize and organize multiple tasks and responsibilities in order to complete assignments on time and with optimal accuracy.
• High School / GED required; Bachelors degree preferred
• 3-4 years related experience and/or training or equivalent combination of education & experience
• Must hold a valid Life & Health Insurance Agent license or be able to obtain one within 120 days of employment

Heres what we can offer:

At HUB we believe in giving our employees the room and space they need to do their job. We believe in paying a fair wage with bonus opportunities and offering great benefits like:

• 401k plan where the Company matches 50% of the first 6% you contribute
• Paid parental leave
• Medical dental andvision options
• Robust wellness program
• Paid vacation paid holidays floating holidays and more!

Disclosure required under applicable law in California Colorado Illinois Maryland Minnesota New York New Jersey and Washington states: The expected salary range for this position is $35.00- $48.00 hourly and will be impacted by factors such as the successful candidates skills experience and working location as well as the specific positions business line scope and International is proud to offer comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance FSA HSA and 401(k) accounts paid-time-off benefits such as vacation sick and personal days and eligible bonuses equity and commissions for some positions.

We offer a large selection of benefits that are customizable to fit your personal needs a portfolio of both comprehensive and affordable choices.

Our work environment encourages critical andindependent thinking problem-solving and project-management. We trust our employees to make good decisions for our clients and we give them the space to do that. Our work atmosphere is comfortable and offers a dress for your day policy as well as a flexible work schedule.

Life us so far

Take the first step toward creating a future that combines a diverse challenging work environment with financial security and career satisfaction. Apply online today!

#LI-AJ1

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.

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact the recruiting team. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.