Health Benefits Analyst: Hybrid Consulting & Analytics

The Segal Group, Inc; New York (NY); Hybrid; USD 63,000 - 75,000; Full time

Benefits offered by this job

Defined benefit pension plan

401(k) matching

Medical and prescription benefits

Dental benefits

Life insurance

Disability insurance

Employee Assistance Program

Paid time off and holidays

Tuition reimbursement

Job summary

Segal is seeking a Health Benefits Analyst to support complex financial and health plan analyses for a diverse client base. The role offers hands-on client engagements, coaching, and opportunities to pursue actuarial credentials, with a strong emphasis on accuracy and timely delivery.

The position is hybrid, based in New York, NY, and other major markets, with collaboration across consultants, clients, and vendors.

Qualifications

• Bachelor’s degree in actuarial science, mathematics, statistics, economics, computer science, or related analytical discipline.
• Up to 3 years of experience in benefits analysis, underwriting, actuarial work, or another analytical field is preferred.
• Strong quantitative skills and demonstrated ability to work accurately with complex data and financial models.
• Proficiency in Microsoft Excel and working knowledge of Word and PowerPoint.
• Clear written and verbal communication skills, including the ability to document analyses so that others can understand and review the work.
• Strong organizational and project management skills, with the ability to manage multiple priorities and meet deadlines.
• Demonstrated initiative, sound judgment, ownership, and follow‑through, taking responsibility for the quality, accuracy, and timely completion of assigned work.
• Interest in continuous learning; progress toward actuarial credentials is welcomed and supported but is not required.

Responsibilities

• Analyzing health plan data, including claims experience, utilization, and cost trends, and investigating results that appear inconsistent or incomplete.
• Developing financial projections, budget models, renewal analyses, and plan design cost estimates using established methods and assumptions while applying sound judgement.
• Developing age‑adjusted health claim cost assumptions and projections that support retiree health valuations and related client work.
• Supporting vendor procurements by developing bid specifications, reviewing proposals, and organizing quantitative and qualitative findings.
• Preparing recurring financial reports, presentation materials, and other client deliverables with clear documentation of data sources, assumptions, and methods.
• Coordinating with client teams, clients, and external vendors and partners; communicating questions, risks, and timing concerns promptly and following through to resolution.
• Analysts are expected to perform increasingly complex technical and analytical work, contribute directly to client deliverables, and develop strong analytical judgment.

Skills

Quantitative skills

Excel

Written & verbal communication

Project management

Education

Bachelor’s degree in actuarial science, mathematics, statistics, economics, computer science, or related analytical discipline

Tools

Microsoft Excel

Word

PowerPoint

Job description

Segal is seeking a Health Benefits Analyst to support complex financial and health plan analyses for a diverse client base. The role offers hands-on client engagements, coaching, and opportunities to pursue actuarial credentials, with a strong emphasis on accuracy and timely delivery.

The position is hybrid, based in New York, NY, and other major markets, with collaboration across consultants, clients, and vendors.