Employee Benefits Ancillary Analyst I

USI Insurance Services is one of the largest insurance brokerage and consulting firms in the world, dedicated to personal and professional development. The Employee Benefits Ancillary Analyst I will analyze information and create financial and marketing deliverables for ancillary coverages of smaller clients, focusing on dental, vision, life AD&D, disability, and worksite benefits.

Responsibilities

• Responsible for ancillary financial analytics for clients that are primarily under 300 lives
• Prepare standard analyses with minimal customization. Analyses may include:
• Market review analysis
• Rate and contribution analysis
• Financial, contractual, and rate comparisons and analysis
• Analyze claims experience data. With guidance identify financial performance conclusions
• Help drive USI’s panel carrier strategy and process
• Manage RFP workload for less complex clients. Support senior team members
• Serve as primary contact with insurance carriers on new business quotes and renewals. Includes requesting quote and evaluating options
• With assistance develop strategic plans and solutions for less complex clients
• With assistance, negotiate market results with carriers
• With assistance develop alternative strategies, plan modeling, and cost reduction opportunities
• Perform technical analysis of group insurance contracts and financial arrangements
• Develop and maintain excellent carrier relationships
• Participate in the peer review process, primarily as the reviewed party
• Keep current on industry information, technology, and trends

Skills

• High School Graduate
• Ability to work in a fast-paced environment, team environment with some instruction
• Ability to manage and negotiate multiple priorities and deadlines
• Must hold or be willing to obtain a Life & Disability insurance license within the first six months of employment
• Strong written, verbal, and interpersonal communication skills
• Working knowledge of Adobe and Microsoft Office products, including Word and Excel
• Strong problem solving and critical thinking skills
• 6 months + experience in Employee Benefits related field preferred
• College degree preferred, but not required

Benefits

• Medical
• Wellness
• Dental and vision
• 401(k)
• Flexible spending and health savings accounts
• Short and long-term disability
• Life insurance
• Unique employer-sponsored and voluntary programs
• Generous paid time off policy
• Paid family leave benefit
• 12 paid holidays
• Bonus eligible position with a target incentive of 5%

Company Overview