Employee Benefits Financial Underwriting Analyst

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Job Description - Employee Benefits Financial Underwriting Analyst

[vc_row][vc_column][vc_custom_heading text="About the Role" font_container="tag:h3|font_size:26px|text_align:left|line_height:24px" google_fonts="font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal"][vc_column_text css=".vc_custom_1716494526813{margin-bottom: 50px !important;}"] The

Employee Benefits Financial Underwriting Analyst fills a critical role in the client service team for a Chicago based insurance brokerage. Part of the large account division, they need your financial and analytical expertise to support the Health and Welfare programs for self-funded accounts with 5,000+ lives. [/vc_column_text][vc_custom_heading text="Duties & Responsibilities" font_container="tag:h3|font_size:26px|text_align:left|line_height:24px" google_fonts="font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal" css=""][vc_column_text css=".vc_custom_1716494570098{margin-bottom: 50px !important;}"]

Work closely with the producer and other members of the account service team to develop strategies for clients and ensure that client deliverables perform in line with the client’s strategic objectives

Prepare financial reporting packages in accordance with the client service calendar

Utilize analytical tools and other utilization data available to identify emerging trends, patterns, and anomalies in client claims

Utilize predictive modeling tools to develop alternative strategies, plan modeling, and cost reduction opportunities

Meet with clients to explain external market influencers and internal experience trends driving benefit costs

[/vc_column_text][vc_custom_heading text="Skills & Experience" font_container="tag:h3|font_size:26px|text_align:left|line_height:24px" google_fonts="font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal" css=""][vc_column_text css=".vc_custom_1716494608247{margin-bottom: 50px !important;}"]

Advanced Excel skills and general mathematical principles

Experience working with insurance carrier data reporting systems

Possess technical knowledge of underwriting aspects such as plan design, funding arrangements, risk and rating components

[/vc_column_text][vc_custom_heading text="Job Specs" font_container="tag:h3|font_size:26px|text_align:left|line_height:24px" google_fonts="font_family:Lato%3A100%2C100italic%2C300%2C300italic%2Cregular%2Citalic%2C700%2C700italic%2C900%2C900italic|font_style:700%20bold%20regular%3A700%3Anormal" css=""][vc_column_text css=".vc_custom_1716494648203{margin-bottom: 50px !important;}"] With offices in Chicago, the agency’s preference is for local candidates to work a hybrid schedule however they are open to qualified applicants willing to travel to Chicago for client and team meetings as needed within a 4-6 drive to include 100% remote within Illinois, Indiana, Wisconsin, Iowa, and Missouri. [/vc_column_text][/vc_column][/vc_row]

Tagged as: agency, analysis, analyst, benchmarking, brokerage, employee benefits, group medical, health, insurance, life, marketing, plan modeling, reporting, reserve calculations, spreadsheets, statistics, trend analysis, underwriting, utilization data, valuation, welfare

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