Financial Analyst, Employee Benefits

edgewoodpartnersinsurancecenter; Duluth (MN); Hybrid; USD 70,000 - 95,000; Full time

Benefits offered by this job

Paid time off

Parental leave

Tuition reimbursement

Referral bonus

Pet insurance

Job summary

EPIC Insurance Brokers & Consultants is seeking a Financial Analyst to develop accurate and timely financial analysis for clients. You will prepare reports, IBNR analyses, and underwriting projections to support client teams and renewals.

The role requires strong quantitative skills, effective communication, and the ability to balance multiple client requests in a fast-paced environment. A bachelor’s degree is required, with preferred background in insurance or risk management.

Qualifications

• Bachelor's degree or equivalent educational training or business experience.
• College degree in insurance, risk management, math or related field preferrred.
• Aptitude for performing financial analysis for a benefits consulting or brokerage firm (we will provide training).

Responsibilities

• Develop and review monthly reporting for assigned clients.
• Prepare IBNR (Incurred But Not Reported) analysis.
• Produce underwriting analysis for client renewals and projections.
• Produce data warehouse-based reports to support plan performance analysis for clients.
• Support Client Team strategy initiatives with evaluation of plan design alternatives, rate or employee contribution alternatives, risk profiles, benchmarking, data analytics, vendor change analyses, or program implementation or elimination (financial or quantifiable impact).
• Coordinate with vendors as needed to obtain necessary data for analysis.

Skills

Financial analysis

Quantitative skills

Communication skills

Detail oriented

Client interfacing

Education

Bachelor's degree or equivalent

Degree in insurance/risk management/math

Tools

Microsoft Office

Job description

Come join our team!

There are many reasons why EPIC Insurance Brokers & Consultants has become one of the fastest-growing firms in the insurance industry. Fueled and driven by capable, committed people who share common beliefs and values and "bring it" every day, EPIC is always looking for people who have "the right stuff" - people who know what they want and aren't afraid to make it happen.

Headquartered in New York City and founded in 2007, our company has over 4,000 employees nationwide. With locations spread out across the U.S., our local market knowledge and industry expertise helps support our clients' regional and global needs. We have grown very quickly since our founding, and we continue to see growth and success thanks to our hard-working and growth-minded employees.

Our core values are: Owner mindset, Inspire trust, Think big, and Drive results. If these values and growth align with what you're looking for in your next career? Then consider joining our amazing team!

LOCATION : This is a hybrid role for our Duluth, GA location.

JOB OVERVIEW:

Responsible for developing accurate and timely financial analysis for clients. Prepare various financial and quantitative analysis in support of Client Teams. Employ effective project management skills for balancing requests from multiple Client Teams and for the efficient delivery of results. Requires effective communication skills for clearly explaining detailed analysis to Client Teams and Clients, and the ability to understand Client Teams/Client perspectives that can be reflected in the development of deliverables.

WHAT YOU'LL DO:

Support Employee Benefit Account Teams

• Develop and review monthly reporting for assigned clients
• Prepare IBNR (Incurred But Not Reported) analysis
• Produce underwriting analysis for client renewals and projections
• Produce data warehouse-based reports to support plan performance analysis for clients
• Support Client Team strategy initiatives with evaluation of plan design alternatives, rate or employee contribution alternatives, risk profiles, benchmarking, data analytics, vendor change analyses, or program implementation or elimination (financial or quantifiable impact)
• Coordinate with vendors as needed to obtain necessary data for analysis

New Business Development

• Participate in new business activities and meetings as requested

WHAT YOU'LL BRING:

Bachelor's degree or equivalent educational training or business experience

• College degree in insurance, risk management, math or related field preferrred
• Aptitude for performing financial analysis for a benefits consulting or brokerage firm (we will provide training).

KSAs (Knowledge, Skills, Abilities)

• Microsoft Office Suite experience including large data sets
• Able to effectively interface with internal and external customers
• Able to handle confidential information with maximum discretion
• Able to understand business principles and apply them accordingly
• Able to work independently and on a team within a fast-paced, deadline driven environment
• Career-focused
• Demonstrate good judgment while managing projects, multi-tasking, prioritizing, and meeting deadlines with a sense of urgency
• Detail-oriented, organized, efficient, and proactive
• Excellent written/verbal communication skills including communicating complex financial information
• High level of accountability and flexibility
• High-touch client orientation
• Open and willing to receive and give constructive critique
• Strong analytical and quantitative skills

Special Requirements

• Flexible to work outside normal working hours

COMPENSATION:

Compensation will be determined based on factors such as experience, skills, training, certifications, education, internal equity, and market data. This role may also be eligible for bonuses and a comprehensive benefits package.

WHY EPIC:

EPIC has over 60 offices and 4,000 employees nationwide - and we're growing! It's a great time to join the team and be a part of this growth. We offer:

Generous Paid Time off

Managed PTO for salaried/exempt employees (personal time off without accruals or caps); 22 PTO days starting out for hourly/non-exempt employees; 12 company-observed paid holidays; 4 early-close days

Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave

Generous employee referral bonus program of $1,500 per hired referral

Employee recognition programs for demonstrating EPIC's values plus additional employee recognition awards and programs (and trips!)

Employee Resource Groups: Women's Coalition, EPIC Veterans Group

Professional growth & development: Mentorship Program, Tuition Reimbursement Program, Leadership Development

Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support

Additional benefits include (but are not limited to): 401(k) matching, medical insurance, denta