Employee Benefits Senior Underwriting & Financial Analyst Middle & Large Group

Summary
Paul Global Benefits (PGB) is now a part of World Insurance Associates. World Insurance Associates (World) is a unique financial services organization with a global network of brokers and specialists who empower people to make informed decisions to improve their risk management outcomes modernize their benefits programs and help them achieve their long-term financial goals.

Founded in 2011 World is one of the fastest-growing Top 25 insurance brokers in the U.S. with nearly 3000 employees in more than 300 offices across North America and the U.K. World specializes in personal and commercial insurance surety and fidelity bonding employee and executive benefits investment advisory and retirement plan services and payroll & HR solutions.

Position Summary

• Independentlyleads financialstrategydiscussions and deliverables for complex clients who are typically level funded or self-funded with 100 to 500 enrolled EEs andorclients that generate over $100k in revenue and arefully-insured.
• Leverages advanced knowledge in underwriting plan design and cost drivers to create financial deliverables including financial and contractual analysis claimsutilizationanalysis and modeling renewal projections and premium rate analysis and in prospective client meetings as a presenter as well as conducting initial opportunity analysis.

• Lead RFP process from end to end including strategy design to placement of coverage for complex middle and large market clients including those who are level funded or self-funded.

• Lead renewal projections pricing strategies contribution modeling self-funded feasibility studies analysis of financialarrangementsand renewal/marketing of self-funded programs (TPA PBM Stop Loss).

• Analyze financial andutilizationdata toidentifyunderlying cost driverstrendsandrelationshipof experience to renewalrating.

• Identifyand recommend potential changes to mitigatetrend guide renewalstrategy and model plan design alternatives.

• Utilize advanced knowledge of medical underwriting and carrier renewal methodologies toidentifyandleverageopportunities for negotiating with carriers.

• Leverage deepcarrierrelationships to enhanceWIAsposition in the marketplace and support local offices with challenging issues.

• Contribute technicalexpertiseto the improvement and development of models reporting capabilities and templates that impact innovation and efficiency within the EB Underwriting and Analytics practice.

• Pull and analyze data from multiple sources to create impactful presentations with actional insights to support decision use of what if scenarios to test out ideas andanticipatethe probable impact of alternative approaches or circumstances (e.g. plan design funding).

• World EB practice Analytics models deliverablesservicesand systems able to impactfully articulate value to prospectsclientsand WIA colleagues.

• Plan design (e.g. VBD RBP PBM) underwriting fundingconceptsand external third-party products/solutions beyond traditional insurance products. Knowledge of cost saving solutions.

• Carrier negotiations with clients with large andhighly complexclients

• Communication/presentation skills with ability to present complex financial/data issues and abstract concepts withhigh levelof clarity and impact summarizingfinancial impactand making ability to adapt style and method of communication to the needs of different audiences including executive leadership.

• Project planning and management from pre-renewal to renewal across multiple clients and teams.

• WordExceland Power data usingadvanceformulas create charts and graphs and use templates and design elements effectively.

• Excel specific Can use array formulas nested functions and can create dynamic data validation toolsand canautomate tasks using macros. Understand how to use what-if analysis tools like Goal Seek and Solver.

• Acts as a mentordemonstratesleadership attributessharesexpertise. May plan assign monitor and review progress and accuracy of work evaluating results of and the work of others. May contribute to theselection training and evaluation of others.

• Reviews other team members work for quality review

• Must hold state life and health insurance license

• Bachelors degree preferred but equivalentwork experience would be considered

Physical Demands
Office work involves working at a desk most of the time using a stand-up/sit-down adjustable desk. Exerting up to 10 pounds of force occasionally and/or negligible amount of forcefrequentlyto lift carry push pull or otherwise move objects. Typing grasping and repetitive motion typically isrequiredevery day and walking and standing arerequiredoccasionally.

Equal Employment Opportunity
At World Insurance Associates (WIA) we celebrate and support our differences. We know employing a team rich in diverse thoughts experiences and opinions allows our employees our products and our community to flourish. WIA is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race color ancestry religion sex national orientation age citizenship marital status disability gender identity sexual orientation or Veteran addition WIA makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability unless the accommodation would impose an undue hardship on the operation of our business.

To Executive Search Firms and Staffing Agencies
World does not accept unsolicited resumes from any agencies that have not signed a mutual service agreement. All unsolicited resumes will be considered Worlds property and World will not be obligated to pay a referral fee. This includes resumes submitted directly to Hiring Managers without contacting Worlds Human Resources Talent Department.



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