Sr. Financial Analyst

Higginbotham; Dallas (TX); On-site; USD 85,000 - 120,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

401K and equity incentive plan

Employee Wellness Program

Company holidays and PTO

Job summary

Higginbotham seeks a Senior Financial Analyst in Dallas to underwrite renewal projections for varying group sizes, build premium equivalents, assess self-insured feasibility, and analyze contributions. The role educates producers, account managers, and clients on benefits programs and renewal negotiation points.

The ideal candidate has underwriting experience, strong Excel skills, and excellent communication.

Qualifications

• Underwriting experience preferred, large group exposure is a plus.
• Advanced Excel skills including VLOOKUPs, formulas, charts, graphs, and pivots.
• Strong knowledge of health plan funding arrangements.
• Excellent written and verbal communication abilities.
• Highly organized with multitasking capabilities.
• Understanding of client/broker/carrier relationships.
• Experience with time management in multiple roles.
• Familiarity with CRM data entry systems.

Responsibilities

• Evaluate financial risk of medical and ancillary benefits for clients.
• Communicate with internal/external customers using web-based tools.
• Use demographic analysis to guide future plan changes and funding levels.
• Create RFPs for carriers and manage renewal finances.
• Explain financial analyses to internal benefit analysts and producers.
• Present financial analyses and strategies to external clients.

Skills

Underwriting experience

Excel proficiency

Communication skills

Organizational skills

Time management

Mentoring & presentation

Education

Undergraduate degree desired

5+ years industry-specific experience

Tools

Microsoft Excel

Word

PowerPoint

Outlook

CRM systems

Claros

Job description

Position Summary

The Senior Financial Analyst is responsible for underwriting renewal projections on various group sizes, building premium equivalents, self-insured feasibility, contribution analysis, plan evaluations, and handling other analytic requests as needed. Aiming to help educate our producers, account management, and clients in understanding their benefits programs, renewals, and provide negotiation points to justify lower renewals.

Tasks

• Evaluates the financial risk of medical & ancillary benefits for clients and prospective clients
• Proficiently communicates with internal/external customers using web-based tools
• Uses group experience and demographic analysis to drive future strategies such as plan changes, stop loss levels, funding changes, & contributions
• Creates RFPs for carriers and manages the financial part of the renewal
• Evaluates and explains financial analyses to internal benefit analysts/producers
• Presents explanation of financial analyses/strategies to external clients

Specific Knowledge, Skills and Abilities

• Underwriting experience required* (preferably with Large group experience)
• Advanced proficiency in Excel (VLOOKUPs, Formulas, Charts, Graphs, Pivot Tables)
• Excellent knowledge of multiple types of health plan funding arrangements
• Excellent written and verbal communication skills
• Exceptional organizational and multitasking skills
• Understanding of the client/broker/carrier relationship
• Proven experience with time management in various positions
• Proficiency in a variety of computer applications, as well as CRM Data entry systems
• Demonstrated dedication to providing superior customer service and gaining client loyalty
• Proficiency in mentoring, training, and presentation skills

Core Competencies

• Ability to Analyze and Solve Problems: Skill in recognizing challenges, exploring options, and implementing effective solutions in a timely manner
• Attention to Detail: A strong focus on completing tasks and projects accurately and thoroughly
• Communication Skills: Capable of expressing ideas clearly in both verbal and written forms and engaging with various audiences
• Timely Task Completion: Ability to finish tasks and projects efficiently, managing resources and priorities effectively
• Team Collaboration: Willingness to work together with others, promoting teamwork and supporting shared goals
• Client Focus: Dedication to understanding and addressing the needs of clients and stakeholders to ensure their satisfaction
• Dependability: Acknowledgment of the importance of being present and punctual
• Creative Thinking: Openness to suggesting new ideas and methods to improve processes and outcome
• Organizational Skills: Capability to prioritize tasks and manage multiple projects simultaneously
• Adaptability: Willingness to adjust to changing situations and priorities, showing resilience in a dynamic work environment

Experience and Education

• Undergraduate degree desired but not required
• 5+ years industry-specific experience
• Underwriting/Experience rating background required with understanding of all funding arrangements (fully insured, level-funded, self-funded) (preferably with large group experience)

Licensing and Credentials

• Willing to acquire licensing as needed

Systems

• Proficient with Microsoft Excel, Word, PowerPoint, Outlook, and various AI models (helpful)
• Advanced proficiency in Excel (VLOOKUPs, Formulas, Charts, Graphs, Pivot Tables)
• Proficiency in a variety of computer applications, as well as CRM Data entry systems
• Claros experience a plus

Physical Requirements

• Ability to lift 25 pounds
• Repeated use of sight to read documents and computer screens
• Repeated use of hearing and speech to communicate on telephone and in person
• Repetitive hand movements, such as keyboarding, writing, 10-key
• Walking, bending, sitting, reaching and stretching in all directions

Benefits & Compensation

• Higginbotham offers medical, dental, vision, prescription drug coverage, 401K, equity incentive plan as well as multiple supplemental benefits for physical, emotional, and financial wellbeing.
• Employee Wellness Program
• Company paid holidays, plus PTO