Brown & Brown
3 days ago Be among the first 25 applicants
This range is provided by Brown & Brown. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $85,000.00/yr - $95,000.00/yr
Additional compensation types Annual Bonus
Brown & Brown
is seeking a
Senior Benefits Analyst
to join our growing team in
Plano, TX!
Summary:
Leads and oversees the servicing the financial consulting needs of the employee benefit clients. Utilizes technical expertise to retain clients by providing financial expertise. Independently evaluates financial and utilization metrics for clients including but not limited to monthly financial reports, utilization metrics and benchmarks as well as assist in negotiating renewal proposals and preparing and recommending plan changes and/or alternative funding recommendations.
Essential Duties and Functions:
Oversight of Analysts monthly financial reports/client exhibits and large claim detail.
Proficient to expert level financial/underwriting, renewal and marketing, as well as reporting, including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
Develop reporting requirements and any deviations or customizations in those reports.
Assists Account Executives/Benefits Consultants in preparing requests for proposals, renewals of benefit coverages, contracts, summary plan descriptions, agreements, etc.
Participate in prospective client finalist presentations to represent the B&B financial strategy and role expectation as part of the team. This may include performing demographic analysis, claims reviews, and other projects on prospective clients to assist Sales team in pursuit of prospect.
Maintains proficient/expert knowledge of compliance and regulations in the benefits arena
Performs miscellaneous duties and projects. This includes involvement in presentations at client functions and meetings.
Other duties may be assigned.
Licenses and Certifications:
Must obtain and maintain active Life/Accident and Health Insurance Agent License.
Skills & Experience to Be Successful:
Minimum of 4-year degree or equivalent work experience required.
Broker Experience is required
5+ years employee benefits experience with a thorough understanding and knowledge of employee benefits.
Strong analytical and critical thinking ability.
Ability to work independently.
Detail oriented with excellent organizational skills.
Ability to maintain a high level of confidentiality.
This position may require routine or periodic travel, which may require the team members to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Seniority level Associate
Employment type Full-time
Job function Customer Service, General Business, and Administrative
Industries Insurance, Insurance Agencies and Brokerages, and Insurance Carriers
Referrals increase your chances of interviewing at Brown & Brown by 2x
Inferred from the description for this job Medical insurance
Vision insurance
401(k)
Student loan assistance
Tuition assistance
Disability insurance
Get notified about new Benefits Specialist jobs in
Plano, TX .
#J-18808-Ljbffr
This range is provided by Brown & Brown. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range $85,000.00/yr - $95,000.00/yr
Additional compensation types Annual Bonus
Brown & Brown
is seeking a
Senior Benefits Analyst
to join our growing team in
Plano, TX!
Summary:
Leads and oversees the servicing the financial consulting needs of the employee benefit clients. Utilizes technical expertise to retain clients by providing financial expertise. Independently evaluates financial and utilization metrics for clients including but not limited to monthly financial reports, utilization metrics and benchmarks as well as assist in negotiating renewal proposals and preparing and recommending plan changes and/or alternative funding recommendations.
Essential Duties and Functions:
Oversight of Analysts monthly financial reports/client exhibits and large claim detail.
Proficient to expert level financial/underwriting, renewal and marketing, as well as reporting, including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
Develop reporting requirements and any deviations or customizations in those reports.
Assists Account Executives/Benefits Consultants in preparing requests for proposals, renewals of benefit coverages, contracts, summary plan descriptions, agreements, etc.
Participate in prospective client finalist presentations to represent the B&B financial strategy and role expectation as part of the team. This may include performing demographic analysis, claims reviews, and other projects on prospective clients to assist Sales team in pursuit of prospect.
Maintains proficient/expert knowledge of compliance and regulations in the benefits arena
Performs miscellaneous duties and projects. This includes involvement in presentations at client functions and meetings.
Other duties may be assigned.
Licenses and Certifications:
Must obtain and maintain active Life/Accident and Health Insurance Agent License.
Skills & Experience to Be Successful:
Minimum of 4-year degree or equivalent work experience required.
Broker Experience is required
5+ years employee benefits experience with a thorough understanding and knowledge of employee benefits.
Strong analytical and critical thinking ability.
Ability to work independently.
Detail oriented with excellent organizational skills.
Ability to maintain a high level of confidentiality.
This position may require routine or periodic travel, which may require the team members to drive their own vehicle or a rental vehicle. If required, acceptable results of a Motor Vehicle Record report at the time of hire and periodically thereafter, and maintenance of minimum acceptable insurance coverages are requirements of this position
We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.
Seniority level Associate
Employment type Full-time
Job function Customer Service, General Business, and Administrative
Industries Insurance, Insurance Agencies and Brokerages, and Insurance Carriers
Referrals increase your chances of interviewing at Brown & Brown by 2x
Inferred from the description for this job Medical insurance
Vision insurance
401(k)
Student loan assistance
Tuition assistance
Disability insurance
Get notified about new Benefits Specialist jobs in
Plano, TX .
#J-18808-Ljbffr