Benefits Analyst, Employee Benefits

50192 Hub International Insurance Services Inc.; San Diego (CA); On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Benefit Analyst to join their dynamic team in a rapidly changing environment. This role is pivotal in supporting Account Executives and Advisors by managing the quoting process, analyzing benefits data, and ensuring compliance with specifications. The ideal candidate will possess strong analytical and communication skills, with a keen attention to detail. This position offers a unique opportunity to work with top talent in the insurance sector, providing innovative solutions to clients while fostering a collaborative work culture that emphasizes growth and development. If you're driven by a desire to help others and thrive in a fast-paced setting, this is the perfect opportunity for you.

Benefits

Flexible Benefits Options

Continuous Growth Opportunities

Collaborative Work Environment

Training and Development Programs

Qualifications

• 3+ years experience in insurance brokerage or carrier.
• Strong analytical skills to interpret data and make recommendations.

Responsibilities

• Support Account Executives with quoting and reporting duties.
• Negotiate with carriers and manage RFP processes.

Skills

Analytical Skills

Problem-Solving

Communication Skills

Organizational Skills

Attention to Detail

Time Management

Education

Bachelor's Degree

Tools

BenAdmin

SmartSheet

Benefit Point

Job description

In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world's 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.

THE OPPORTUNITY :

HUB's Customer Service professionals provide critical support to our customers through account management, claims management, day-to-day client oversight, and underwriting services that make us a leading sales and service organization in the insurance industry. Through a robust network of resources, you will be among some of the industry's top talent to help guide and support our customer's needs and provide them with innovative solutions.

The purpose of the Benefit Analyst is to support the Account Executives, Advisors and with quoting, reporting and other strategic analytic processes. This position works as an integral part of the Sales and Account Executive Teams and has the responsibility to maintain excellent relationships both internally and externally with HUB clients and vendors.The Benefit Analyst serves an integral role in helping to increase profitability of existing product lines through the proposal process.

Develops and communicates strategy for RFPs, results and reports to carrier partners / vendors. Responsible for the new and renewal submission and implementation as it relates to the quoting process. Progressive project management for the timely renewal process concerning quality, deadline, workflow, communication and carrier coordination.

Interprets client’s needs and makes recommendations on direction of RFP and contribution analysis.

Quoting new and renewal groups

Understands and analyzes the respective markets and products in order to find the best solutions to meet client’s needs.

Examines benefits and claims data for inclusion in RFPs, organizes carrier & vendor bids received and follows up on non-responses and late submissions.

Negotiates with carriers throughout the RFP process.

Addresses carrier questions during RFP process and advises carriers on the client benefit strategy.

Support Account Executive with data gathering of benchmarking, strategic planning and reporting duties.

Conducts claims analysis and contribution modeling.

Interprets census data and evaluates it for accuracy.

Communicates with Account Executives and Producers on status of marketing activity.

Reviews insurance bids for compliance with specifications, identifying key differences in bids, and maintaining client databases within internal systems.

Creates and updates templates used during the strategy and marketing process.

Adds to and maintains client access to external online portals.

Provides training as a subject-matter-expert to other Client Services team members on various topics.

Manages and assists with client-related service issues.

Attend carrier sales meetings, trainings, and webinars.

Maintaining detailed knowledge of new and existing products and relaying between carriers, Account Executives & Producers.

Communication and coordination with the carriers and internal HUB Team.

Expert user in BenAdmin, workflow, carrier and proposal systems.

Perform research and problem resolution of data issues using multiple systems, tools and resources.

Maintains positive relationships both internally and externally.

Maintain HUB Values including HIPPA and ACA Compliance.

Ensures we’re meeting HUB turn-around times as outlined in the KPIs.

Assist in the development and implementation of new processes and procedures.

Functions as the analytical subject matter in strategy meetings with Account Executive and Producer.

Provides mentorship to more junior Benefit Analysts.

Works within the project management tool SmartSheet.

Works within Benefit Point to update client information.

WHAT YOU BRING TO THE TABLE :

College Degree

3+ years working for a carrier or brokerage firm.

Strong verbal and written communication skills

Analytical and problem-solving abilities

Excellent organizational skills

Ability to work well under pressure with attention to detail

Team oriented self-starter with ability to prioritize, monitor and control workflow deadlines and be flexible

Detail oriented

Sense of urgency

Understanding of benefits & benefit terminology

Proficient typing ability

High degree of independence and problem-solving skills

Accurate completion of enrollment / changes which includes follow-up with carriers and team

WHY CHOOSE HUB :

Throughout our network of more than 450 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 or 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 timeand energyto learn the technical aspects of our business.

Believe in integrity and building success by developing relationships with others.

LIKE 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!

Are you a veteran? Disabled? We welcome ALL candidates and are proud of our wonderfully diverse employee population

Department Account Management & ServiceRequired Experience : 2-5 years of relevant experienceRequired Travel : No Travel RequiredRequired Education : Bachelor's degree (4-year degree)

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race / ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at.

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