Employee Benefit Analyst III

USI Insurance Services; Las Vegas (NV); On-site; USD 70,000 - 80,000; Full time

Benefits offered by this job

Medical

Wellness program

Dental and vision

401(k)

Flexible spending and health savings

Disability insurance

Life insurance

Paid time off

Paid family leave

Paid holiday time

Job summary

USI Insurance Services in Las Vegas is seeking a benefits analyst to analyze financial data for standard to complex benefit programs. You will prepare analyses, model renewals, and review claims utilization for clients sized 100–1,000 lives.

The role requires 3+ years in employee benefits, strong communication skills, and license readiness. You will negotiate with carriers, develop executive summaries, and support client renewals while staying current on industry trends.

Qualifications

• 3+ years of experience in employee benefits or related field.
• Must hold or be willing to obtain a state Life & Disability insurance license.
• Ability to manage and negotiate multiple priorities and deadlines.
• Strong written, verbal, and interpersonal communication skills.

Responsibilities

• Analyze financial analytics for clients that are fully insured and self-funded. Typical client size is 100 to 1,000 lives.
• Prepare standard analyses with occasional customization. Analyses may include: Market review analysis, Renewal rate and funding projections and modelling, Analysis of claims utilization, Rate and Contribution analysis, Claims experience reports, Benchmarking, Financial funding analysis, IBNR and lag analyses.
• Develop alternative strategies, plan modeling, and cost reduction opportunities.
• Perform technical analysis of group insurance contracts and financial arrangements.
• Serve as primary contact with insurance carriers. Negotiate and market coverage for new business quotes and renewals. Includes requesting quotes, evaluating options, negotiating rates and benefit features, and preparing renewal/new plan options with executive summary.
• Develop and maintain excellent carrier relationships.
• Review and validate carrier renewal rating illustration.
• Analyze experience and claims utilization data for financial and plan usage conclusions. Includes identifying trends and relationship of experience to renewal rating. With guidance suggest action items.
• Write client facing Executive Summaries that provide observations, conclusions, recommendations, and next steps. With guidance articulate USI strategic objectives.
• Prepare carrier and client written correspondence. Includes carrier renewal confirmation letters and client renewal letters.
• Occasionally conduct analysis using USI internal and third-party external tools. Includes USI 3D, USI Clear Options Rx, and actuarial tools.
• Participate in peer review process as a participant and a reviewer.
• Occasionally participate in new Analyst onboarding training.
• Keep current on industry and new product information, legislation, technology, and trends.

Skills

Analytical skills

Written and verbal communication

Interpersonal communication

Negotiation

Project management

Education

High School Diploma

College degree preferred

Tools

Excel

Word

Job description

Description and Requirements

Requirements

General Description

Responsible for analyzing information and creating financial deliverables for clients with standard to complex benefit programs. Includes fully insured and self‑funded clients. Typical client size is 100 to 1,000 lives.

Responsibilities

• Responsible for financial analytics for clients that are fully insured and self-funded. Typical client size is 100 to 1,000 lives.
• Prepare standard analyses with occasional customization. Analyses may include:
• Market review analysis
• Renewal rate and funding projections and modelling
• Analysis of claims utilization
• Rate and Contribution analysis
• Claims experience reports
• Benchmarking
• Financial funding analysis
• IBNR and lag analyses
• Develop alternative strategies, plan modeling, and cost reduction opportunities.
• Perform technical analysis of group insurance contracts and financial arrangements.
• Serve as primary contact with insurance carriers. Negotiate and market coverage for new business quotes and renewals. Includes requesting quotes, evaluating options, negotiating rates and benefit features, and preparing renewal/new plan options with executive summary.
• Develop and maintain excellent carrier relationships.
• Review and validate carrier renewal rating illustration.
• Analyze experience and claims utilization data for financial and plan usage conclusions. Includes identifying trends and relationship of experience to renewal rating. With guidance suggest action items.
• Write client facing Executive Summaries that provide observations, conclusions, recommendations, and next steps. With guidance articulate USI strategic objectives.
• Prepare carrier and client written correspondence. Includes carrier renewal confirmation letters and client renewal letters.
• Occasionally conduct analysis using USI internal and third-party external tools. Includes USI 3D, USI Clear Options Rx, and actuarial tools.
• Participate in peer review process as a participant and a reviewer.
• Occasionally participate in new Analyst onboarding training.
• Keep current on industry and new product information, legislation, technology, and trends.

Knowledge, Skills And Abilities

• 3 years + of experience in employee benefits or related field.
• High School Graduate. College degree preferred.
• Must hold or be willing to obtain a state Life & Disability insurance license.
• Ability to work in a fast-paced, team environment with minimal instruction.
• Ability to manage and negotiate multiple priorities and deadlines.
• Strong written, verbal, and interpersonal communication skills.
• Working knowledge of Microsoft Office products, including Excel and Word.
• Ability to become proficient in internal analytic systems and carrier online reporting tools.
• Strong problem solving and critical thinking skills.
• Ability to carry out complex tasks with many concrete and abstract variables.

Why USI?

With approximately $3 billion in revenue and over 10,500 associates across approximately 200 offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world. At USI, we have created one of the most dynamic personal and professional development cultures in the industry. We invest heavily in our associates, and we take pride in celebrating their growth and success through our one‑of‑a‑kind employee reward and recognition programs.

Unrivaled Resources and Support

What truly distinguishes USI as a premier insurance brokerage and consulting firm is the USI ONE Advantage®, a game‑changing value proposition that delivers to clients a robust set of risk management and benefit solutions with bottom‑line financial impact. USI ONE® represents Omni, Network, Enterprise—the three key elements that set USI apart from the competition. Through USI ONE, we develop strategic, timely, and effective risk management and benefit programs in terms that are easy to understand, and we demonstrate how the solutions can have a positive economic impact.

Industry‑Leading Programs, Rewards, and Recognition

In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day. USI offers employee programs that recognize outstanding achievement and help our associates lead healthy, productive lives. We turn care into action with our award‑winning wellness program, college scholarships for associates' children, and financial help in times of need.

Deep Community Engagement

We are committed to giving back to our local communities and supporting a culture of environmental sustainability. From sharing our time, talent, and resources to support local non‑profit organizations, animal shelters, and environmental beautification and restoration projects – to partnering with eco‑conscious vendors and taking steps to reduce our own environmental footprint – we’re working together as ONE to build a better future.

Committed to a Diverse and Inclusive Workplace

Our award‑winning I'm With U diversity and inclusion program educates our associates to help them better understand and serve our clients, prospects, fellow team members, and local communities through curated education and training resources, employee support programs, and community outreach initiatives to build a more diverse, equitable, and inclusive culture.

Nationally Recognized as a Top Insurance Employer

• Recognized as one of Insurance Business America’s Top Insurance Employers eight consecutive years (2018-2025).
• Named to Business Insurance’s annual list of the Best Places to Work in Insurance six years in a row (2020-2025).
• Named to Fortune’s Best Workplaces in Financial Services & Insurance list for the last two years (2024-2025).
• Certified as a Great Place To Work two years in a row (2024-2025).

Visit our Awards and Accolades page for a complete list of our latest industry awards and recognitions!

USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including

• medical
• wellness
• dental and vision
• 401(k)
• flexible spending and health savings accounts
• short and long‑term disability
• life insurance and other unique employer-sponsored and voluntary programs
• generous paid time off policy
• paid family leave benefit
• paid holiday time

USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time.

$70,000 - $80,000