Group Benefits Market Insights Analyst

OneDigital; Bethesda (MD); On-site; USD 75,000 - 85,000; Full time

Job summary

OneDigital is seeking a Market Analyst to support financial analysis for client group benefit programs. You will collaborate with Account Managers and Benefits Consultants to prepare client deliverables and may present findings at client meetings.

Responsibilities include drafting exhibits, cost projections, monthly reporting, and reviewing utilization data using analytics platforms. This role emphasizes teamwork and data-driven insights in a healthcare-insurance context.

Qualifications

• Ability to analyze data and recognize analytical patterns.
• Strong verbal and written communication skills.
• Ability to effectively handle multiple and changing client priorities and deadlines.
• Ability to effectively present data.
• Excellent interpersonal skills.
• Ability to thrive in a fast paced environment.

Responsibilities

• Drafts accurate exhibits for quarterly and annual client meetings.
• May assist the Benefit Consultant with carrier negotiation process.
• May mentor junior team members.
• Drafts monthly reporting deliverables for clients.
• Reviews client utilization reports using various reporting methods (i.e. carrier data, analytics platforms such as Springbuk).
• Drafts cost projections for renewals and benefit plan offerings.
• Calculate Actuarial Values to price out plan design changes requested by the client team.
• Drafts Incurred But Not Reported (IBNR) reserves analysis.
• May assist with contribution analysis.
• Analyzes industry benchmarks and drafts information for the client to show their competitiveness in the industry.
• Develops working relationships with carrier partners.
• Maintains accurate, current, organized, and complete market information in internal databases.
• Assists team and clients as necessary with special projects.

Skills

Data analysis

Verbal and written communication

Multitasking

Present data

Interpersonal skills

Fast-paced environment

Education

Bachelor’s degree, required; Business, Finance, Math, Accounting or related field, preferred

3 to 5 years of experience

Tools

Microsoft Excel

Job description

OneDigital is seeking a Market Analyst to support financial analysis for client group benefit programs. You will collaborate with Account Managers and Benefits Consultants to prepare client deliverables and may present findings at client meetings.

Responsibilities include drafting exhibits, cost projections, monthly reporting, and reviewing utilization data using analytics platforms. This role emphasizes teamwork and data-driven insights in a healthcare-insurance context.