Senior Health Benefits Financial Insights Analyst

Lockton; St. Louis (MO); On-site; USD 85,000 - 110,000; Full time

Job summary

Lockton Companies LLC is seeking a Senior Financial Analyst to contribute to health and welfare financial work for employer clients in the Midwest. You will analyze data with a team to deliver comprehensive financial reporting and insights related to health benefit plans.

The role requires a strong ability to compile, analyze, present, and interpret financial information, and to adapt to a fast-paced environment with changing priorities. Travel may be required.

Qualifications

• Bachelor’s degree in Finance, Statistics, Math, or related field required or preferred.
• 4+ years of group health benefits experience at a brokerage/consulting firm or insurance carrier focusing on underwriting/financial analysis.

Responsibilities

• Financial analysis for employer group health plans including ongoing claim reporting, rate setting, contribution development and plan design modeling.
• Leverage models to assist in analysis and illustration of client health plan financial patterns; contribute to custom reports and analysis.
• Evaluate benefits utilization and claims data to help clients develop cost management and health risk strategies.
• Review data sources for benchmarking and storytelling.
• Prepare spreadsheets, graphs, charts, diagrams for presentations and reports.
• Assist development of health plan reserve estimates for self-funded clients.
• Participate in client meetings delivering financial information and results.
• Assist with development/evaluation of carrier RFPs including modeling of network changes and payment alternatives.
• Provide financial modeling and support for prospects.
• Perform special projects as necessary.
• Stay informed of insurance industry developments and products.

Skills

Financial analysis

Excel

Statistical analysis

Interpersonal communication

Education

Bachelor’s degree in Finance, Statistics, Math, or related field

Tools

Microsoft Excel

Job description

Lockton Companies LLC is seeking a Senior Financial Analyst to contribute to health and welfare financial work for employer clients in the Midwest. You will analyze data with a team to deliver comprehensive financial reporting and insights related to health benefit plans.

The role requires a strong ability to compile, analyze, present, and interpret financial information, and to adapt to a fast-paced environment with changing priorities. Travel may be required.