Financial Consultant

Brown & Brown; United States; Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player seeks a Financial Consultant to enhance their competitive edge in group insurance pricing. This role entails collaborating with internal teams to deliver strategic financial analysis and recommendations, ensuring clients receive optimal pricing across various products. You will engage in evidence-based evaluations, negotiate with vendors, and develop client-ready reports. The company values diversity and fosters an inclusive culture, empowering you to be your authentic self while making impactful contributions to the team. Join a workplace that prioritizes your total well-being with comprehensive benefits and a commitment to community engagement.

Benefits

Medical/Rx

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401k

Tuition Reimbursement

Paid Time Off

Holidays

Preferred Partner Discounts

Qualifications

• 3-5 years of experience in Group Underwriting for clients with over 2500 lives.
• Expert-level skill in Microsoft Excel and strong analytical skills.

Responsibilities

• Analyze various group products including Life, Absence/Disability, and Dental.
• Serve as the primary financial expert for account teams managing client programs.

Skills

Group Underwriting experience

Microsoft Excel

MS Office Suite

Analytical skills

Interpersonal skills

Confidentiality

Education

Bachelor’s degree in Business, Finance, Economics, Mathematics or Statistics

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.

Our Culture Culture is meaningful to us. It's in the way we interact with one another and with our clients. We believe in being our authentic selves with one another and have cultivated an approach that is "we" not "I". We honor the commitments that we make to our clients and one another. This is our culture. We actively engage in the communities where we live and encourage our teammates to use Volunteer Time Off and to engage with our Spotlight Charities and causes meaningful to teammates. About the role: The Financial Consultant is knowledgeable and experienced with pricing Group Insurance and administrative services across Life, Absence/ Disability, Supplemental Health, Vision and/or Dental products. This position partners with internal teams to develop strategy and ensure that our clients receive the most competitive pricing and programs available in the market. This role adds to SNS’ value proposition by developing financial analysis and recommendations to maximize product offerings and cost savings via an evidence-based approach. Core Responsibilities: include the following. Other duties may be assigned.

• Analyzes various group products, including but not limited to, Life/ AD&D, Absence/ Disability, Supplemental Health, Vision and Dental.
• Serves as the primary financial expert and contact for the account teams and is responsible all financial aspects of SNS’ clients’ programs, including RFP, renewal negotiations, statutory feasibility, ad-hoc analysis and providing experience analysis on a regular cadence.
• Uses an evidence-based approach to analyze SNS’ clients’ experience. Partner with the Sales and Service organizations to develop a strategy that addresses trends in the experience, make relevant recommendations and communicate this narrative through internal and external facing presentations.
• Evaluates proposed pricing and negotiating with vendors to ensure fair and competitive costs for our clients;
• Makes complex and accurate claim picks, developing reserves, and calculating expense factors and components;
• Prices self-insured products using complex data extracts;
• Supports the Account teams with ad-hoc financial analysis;
• Provides ROI analysis and exhibits;
• Creates client-ready reports and presentations;
• Develops new reports and tools;
• Participates in client meetings and conference calls as needed to provide underwriting and financial expertise;
• Monitors the SNS book of business, identifying trends by product, industry, account team, and vendor;
• Develops client-specific statutory feasibility analysis.

Skills needed:

• Bachelor’s degree in Business, Finance, Economics, Mathematics or Statistics
• At least 3-5 years Group Underwriting experience, preferably for clients with greater than 2500 lives;
• Expert-level skill in Microsoft Excel;
• Proficient with MS Office Suite
• Excellent interpersonal skills
• Ability to maintain a high level of confidentiality
• Individual also understands importance of peer review, for their own work and reviewing the work of others.
• Strong analytical skills; proficient in working with complex data sets
• Experience pricing Life & Absence Disability products for clients with more than 5k lives.

We seek out and embrace diversity in our talent. Our business thrives on diversity of talent, experience, character, and inclusion.

• Brown & Brown does not discriminate against teammates or applicants for employment on the basis of race, color, religion, absence of religious affiliation, national origin, ethnicity, age, disability, perception of disability, sex, sexual orientation, gender identity/expression, gender orientation, marital status, service in our armed forces, veteran status in our armed forces, political activity or political party affiliation. We are committed to ensuring equal employment opportunities for all our teammates and applicants for employment. Our equal employment opportunity philosophy, in accordance with federal, state, and local law, applies to all aspects of employment with us including recruiting, hiring, training, transfer/promotion, compensation, benefits, and termination.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• 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.

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”.