Employee Benefits Financial Analyst

001 Brown & Brown, Inc; Grand Rapids (MI); On-site; USD 55,000 - 75,000; Full time

Benefits offered by this job

Health Benefits

401k Plan

Paid Time Off

Dental & Vision

Job summary

Brown & Brown is seeking an Employee Benefits Financial Analyst to join our Grand Rapids team. The role focuses on delivering financial guidance and reporting for employee benefit clients, analyzing utilization metrics, and supporting renewal negotiations.

You will work with the Financial Consultant on monthly reports, provide insights, and help prepare materials for client meetings and demos. A 2+ year track record in employee benefits finance and a Bachelor’s degree is required.

Qualifications

• Bachelor's degree or equivalent work experience in accounting, finance, business or economics.
• 2+ years of employee benefits financial experience.
• Proficient with MS Office Suite; strong to expert Excel skills.
• Strong analytical and critical thinking abilities.
• Excellent verbal and written communication skills.

Responsibilities

• Oversee monthly financial reports and utilization metrics.
• Develop reporting requirements and customize reports as needed.
• Support Benefit Consultants in preparing requests for meetings and contracts.
• Participate in client finalist presentations to represent Brown & Brown's financial strategy.
• Assist with demographic analysis, claims reviews and other client projects.

Skills

MS Office

Excel

Education

Bachelor Degree in Accounting/Finance/Business/Economics or equivalent work experience

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking an Employee Benefits Financial Analyst to join our growing team in Grand Rapids, MI! The Employee Benefits Financial Analyst provides guidance and support for the financial consulting needs of employee benefit clients. They will use technical expertise to assist clients in understanding and managing their financial and utilization metrics. The Financial Analyst collaborates with the Financial Consultant to review monthly financial reports, utilization metrics, and benchmarks. Supports clients in negotiating renewal proposals and offers recommendations for plan changes and alternative funding options.

How You Will Contribute

• Assist in the oversight of monthly financial reports.
• Help develop reporting requirements and customize reports as needed.
• Support Benefit Consultants in preparing requests for meetings, including coverages and contracts.
• Participate in prospective client finalist presentations to represent the Brown & Brown financial strategy.
• Assist with demographic analysis, claims reviews, and other projects for prospective clients.
• Perform miscellaneous duties and projects, including involvement in presentations at client functions and meetings.

Licenses & Certifications

Must obtain and maintain active Life/Accident and Health Insurance Agent License within a year

Skills & Experience to be Successful

• Bachelor Degree in Accounting/Finance/Business/Economics or equivalent work experience.
• 2+ years employee financial experience with a thorough understanding and knowledge of employee benefits
• Proficient with MS Office Suite Microsoft Excel - Strong to expert level skills
• Strong analytical and critical thinking ability
• Ability to maintain a high level of confidentiality
• Excellent verbal and written communication skills
• Ability to work independently and exercise judgement
• Detail oriented with excellent organizational skills
• Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements

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Teammate Benefits & Total Well-Being

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, "The Power to Be Yourself". We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined. Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.