Benefits Analyst – Employee Benefits

Jobtailor; Pleasant Hill (CA); On-site; USD 85,000 - 115,000; Full time

Job summary

Jobtailor in Pleasant Hill, CA seeks a health insurance financial analyst to deliver reports, analyses and client guidance for health and welfare plans. You will prepare RFPs, negotiate renewals, and perform feasibility and funding analyses to support client strategy.

The role requires a 3+ year track record, a Life/Health license, and strong Excel/PowerPoint skills. A bachelor’s degree in a related field is preferred, with the ability to work independently and travel as needed.

Qualifications

• State Life, Accident & Health Insurance License required upon hire or within 90 days.
• Four-year degree in related fields preferred; high school diploma required.
• Minimum 3 years of relevant and progressive experience; health insurance experience preferred.
• Proficiency with Excel and PowerPoint; strong client communication is essential.

Responsibilities

• Designs, develops and prepares accurate and timely reports and analyses guiding clients' decisions.
• Gathers benefits information, develops RFP templates, coordinates carrier responses, inputs data.
• Prepares client presentations for leadership review and renewal negotiations.
• Analyzes plan changes, including self-insured and CDHP feasibility & funding analysis.
• Develops benchmarking reports and ad-hoc analyses; supports rate development templates.
• Adopts AI solutions and technologies to enhance service delivery; meets tight deadlines.

Skills

Interpersonal Skills

Communication Skills

Critical Thinking

Analytical Skills

Creativity

Education

Bachelor's degree in Accounting, Finance, Economics, Business, Statistics or related field

High school diploma or equivalent

State Life, Accident & Health Insurance License

Tools

Microsoft Excel

PowerPoint

Online Rating Systems

Proprietary AI Solutions

Microsoft Office Suite

Job description

• Designs, develops and prepares accurate and timely reports and analysis, providing financial guidance and general direction for influencing clients' decisions and the achievement of strategic goals
• Gathers benefits information from a variety of sources, develops Request for Proposal (RFP) templates, coordinates responses from the carriers, inputs data and maintains all appropriate documentation
• Prepares draft presentation to client and team leadership
• Requests, analyzes and negotiates renewals for all line of coverage for Health & Welfare plans
• Conducts plan/benefit change analysis including but not limited to self-insured feasibility, CDHP feasibility & funding analysis
• Analyzes and assists in making recommendations on client strategy and cost containment initiatives
• Assists in preparing the Rate Development Templates, RFP analysis and templates for all lines of business
• Prepares and/or reviews monthly clients financial reports and plan performance monitors
• Develops benchmarking reports by gathering health benefits data to compare a client's plan information to other companies by industry or geography and provide results to client in appropriate format
• Prepare ad-hoc reports as required
• Fully adopts innovative technology, including proprietary AI solutions, into the service process to deliver a best-in-class client service experience
• Performs other projects, duties, and tasks, as assigned

Requirements

• State Life, Accident & Health Insurance License is required upon hire or within 90 days of hire
• High school diploma or equivalent required
• Four-year degree in Accounting, Finance, Economics, Business, Statistics or another related field preferred
• Minimum of 3 years of relevant and progressive experience, or equivalent combination of education and job-related experience
• Previous health insurance experience preferred
• Proficient to advanced skills in using computers, Microsoft Office Suite (emphasis on Excel and PowerPoint) and online rating systems
• Excellent interpersonal and communications skills are required to maintain effective relationships with clients, co-workers, carriers, vendors, and others
• Ability to work independently with limited daily supervision and to work effectively in a team environment
• Ability to function effectively under tight time constraints, consistently meets strict deadlines, prioritize, and handle multiple tasks in a demanding work environment
• Demonstrated initiative to identify and overcome obstacles, manage through ambiguity, remain focused and highly productive
• Ability to think critically, creatively, analytically, and with sound judgment to develop and provide comprehensive, in-depth financial analyses and ad hoc projects
• Ability to work flexible hours as required, including out-of-town travel
• Must have valid driver's license, ability to travel to client sites and reliable transportation

Core Competencies

Demonstrates expertise in financial analysis, report preparation, and client strategy development, with a strong focus on health and welfare plans. Proficient in utilizing technology and data analysis to enhance client service and decision-making processes.

Highest-signal resume keywords

• Financial Analysis
• Health Insurance Experience
• Microsoft Excel
• State Life, Accident & Health Insurance License
• Report Preparation

ATS Optimization Keywords

Hard Skills

• Financial Reporting
• Data Analysis
• RFP Development
• Benchmarking Reports
• Plan Change Analysis
• Cost Containment Initiatives
• Ad-Hoc Reporting
• Self-Insured Feasibility
• CDHP Feasibility
• Funding Analysis

Soft Skills

• Interpersonal Skills
• Communication Skills
• Critical Thinking
• Creativity
• Analytical Skills

Certifications & Qualifications

• State Life, Accident & Health Insurance License

Industry Keywords

• Health & Welfare Plans
• Client Strategy
• Cost Containment
• Insurance Industry
• Financial Guidance

Tools & Technologies

• Microsoft Office Suite
• Online Rating Systems
• Proprietary AI Solutions