Market Analytics Specialist — Group Benefits & Data Insights

OneDigital; Richmond (VA); On-site; USD 75,000 - 85,000; Full time

Job summary

OneDigital is seeking a Market Analyst to support critical financial analysis related to clients’ group benefit programs. The role works with Account Managers and Benefits Consultants to direct client deliverables and may attend client meetings to present findings.

The position requires 3–5 years of experience, a bachelor’s degree, and strong Excel and Office skills. You will draft cost projections, review utilization reports, and help price plan options while building carrier relationships.

Qualifications

• 3 to 5 years of experience
• Bachelor’s degree, required; Business, Finance, Math, Accounting or related field, preferred
• Proficient in all Microsoft Office products, required
• Intermediate to advanced proficiency in Microsoft Excel, required
• Experience in the healthcare industry working for a group insurance carrier, broker or consultant, preferred
• Knowledge of group insurance including medical, dental, CDHP, pharmacy, life and disability products, preferred
• Experience with database applications, a plus.

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

Communication

Multitasking

Presenting data

Interpersonal skills

Fast-paced environment

Education

Bachelor’s degree (Business, Finance, Math, Accounting) or related field

Healthcare industry experience

Tools

Microsoft Excel

Microsoft Office

Job description

OneDigital is seeking a Market Analyst to support critical financial analysis related to clients’ group benefit programs. The role works with Account Managers and Benefits Consultants to direct client deliverables and may attend client meetings to present findings.

The position requires 3–5 years of experience, a bachelor’s degree, and strong Excel and Office skills. You will draft cost projections, review utilization reports, and help price plan options while building carrier relationships.