Employee Benefits Financial Analyst Middle & Large Group
Job Location:
Job Location:
Mount Laurel, NJ - USA
Monthly Salary:
$ 66700 - 82400
Monthly Salary:
Posted on:
30+ days ago
Posted on:
Vacancies:
1 Vacancy
Vacancies:
Job Summary
Company Overview
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
World Insurance is seeking an experienced Employee Benefits Financial Analyst to join our Underwriting & Analytics team. This role focuses on financial analysis reporting and data-driven insights to support employee benefits clients and internal stakeholders.
The Financial Analyst will be responsible for preparing financial deliverables analyzing claims and cost drivers and supporting renewal and strategic decision-making processes. While this role does not include underwriting responsibilities it is designed as a development path toward future underwriting capabilities through hands-on exposure training and mentorship.
This is an ideal opportunity for a detail-oriented analytically driven professional looking to build a long-term career in employee benefits underwriting and analytics.
Primary ResponsibilitiesQualifications
Compensation
This a remote position. The base salary for this position at the time of this posting may range from $66700 to $82400. Individual compensation varies based on job-related factors including business needs experience level of responsibility and qualifications. We offer a competitive benefits package and variable pay programs please visit for more details.
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 equalopportunityworkplace. 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 accommodationsto knownphysical or mental limitations of an otherwise qualified applicant or employee with a disability unless the accommodationwould imposean 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.
#LI-MA1
#LI-REMOTE
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
World Insurance is seeking an experienced Employee Benefits Financial Analyst to join our Underwriting & Analytics team. This role focuses on financial analysis reporting and data-driven insights to support employee benefits clients and internal stakeholders.
The Financial Analyst will be responsible for preparing financial deliverables analyzing claims and cost drivers and supporting renewal and strategic decision-making processes. While this role does not include underwriting responsibilities it is designed as a development path toward future underwriting capabilities through hands-on exposure training and mentorship.
This is an ideal opportunity for a detail-oriented analytically driven professional looking to build a long-term career in employee benefits underwriting and analytics.
Primary Responsibilities
- Manage and prioritize analytical workflow to ensure accurate timely deliverables.
- Prepare and maintain financial dashboards for a book of business (clients typicallyemployees). Client funding arrangements may range from fully insured level funded and self-funded.
- Support core financial analyses including:
- Market review analysis
- Claims utilization review
- Contribution modeling
- Benchmarking studies
- Assist in developing financial models and alternative plan scenarios using established tools and templates
- Compile and organize data for underwriting and renewal processes
- Support the preparation of client deliverables including reports exhibits and presentations
- Partner with underwriting team members to understand financial assumptions methodologies and outcomes
- Collaborate with internal teams (e.g. service population health and account management) to support client strategy
- Maintain data integrity across systems such as BenefitPoint Excel models and reporting tools
- Participate in peer review processes to ensure quality and accuracy
- Assist with prospect analyses and ad hoc financial requests
- Continuously develop knowledge of underwriting concepts funding arrangements and industry trends
- 1-3 years of experience in employee benefits insurance finance or a related field.
- College degree or CEBS designation preferred.
- Life & Health insurance license preferred not required.
- Ability to work in a fast-paced environment with some oversight and a high degree of accuracy and attention to detail.
- Strong proficiency in Microsoft Excel (formulas modeling formatting) and strong skills in Word and other MS Office tools such as PowerBI.
- Strong analytical problem-solving and critical thinking abilities with the ability to work with complex data and variables.
- Excellent written oral and interpersonal communication skills.
- Team-oriented client-focused and able to build effective working relationships with colleagues carriers and clients.
- Commitment to staying current on industry trends regulations and emerging products.
Compensation
This a remote position. The base salary for this position at the time of this posting may range from $66700 to $82400. Individual compensation varies based on job-related factors including business needs experience level of responsibility and qualifications. We offer a competitive benefits package and variable pay programs please visit for more details.
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 equalopportunityworkplace. 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 accommodationsto knownphysical or mental limitations of an otherwise qualified applicant or employee with a disability unless the accommodationwould imposean 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.
#LI-MA1
#LI-REMOTE
Required Experience:
Manager
About Company
Get the most cost-effective personal and business insurance solutions from a team of knowledgeable advisors with access to dozens of markets.
