New Job Opening: Senior Benefit Analyst in Seattle, WA

Job Description

Senior Employee Benefits Analyst

Job Summary

Seeking a highly skilled and experienced Senior Employee Benefits Analyst to join a professional and business-focused team. This role is pivotal in supporting a growing agency, which specializes in employee benefits for large clientele across the country. The ideal candidate will bring extensive expertise in unbundled self-insured plans, stop-loss insurance, and advanced Excel proficiency. This is a remote position, with occasional travel required for onsite client visits.

Compensation Package

• Salary Range: $120,000 - $150,000 annually


• Benefits: Competitive benefits package, 401(k), paid time off, professional development opportunities, etc.


• Work Environment: Fully remote (PST preferred) with company-provided equipment

Responsibilities

As a Senior Employee Benefits Analyst, your key responsibilities will include:

• Marketing stop-loss, administration, life, disability, and other employee benefit plans.


• Evaluating and negotiating offers with insurance carriers and vendors.


• Preparing pre-renewal, renewal, and post-renewal analyses, including benefit, contractual, and financial comparisons with executive summaries.


• Developing budget rates and contribution strategies.


• Preparing future cost projections and providing monthly experience reports.


• Utilizing actuarial tools to identify health plan cost drivers and model potential plan design changes.


• Managing compliance for clients and conducting audits and compliance reviews for prospects.


• Confirming final plan selections with insurance carriers.


• Supporting other analysts by peer-reviewing their work.


• Attending client or prospect meetings as needed.

Qualifications/Requirements

To be successful in this role, candidates must meet the following qualifications:

• Required Licenses/Designations: Life and Health Insurance License, CEBS certification preferred.


• Experience:
  
  
  
  • Minimum of 10 years of experience in employee benefits, with a focus on unbundled self-insured plans and stop-loss insurance.
  
  
  • Proven ability to work with large employee benefits accounts (averaging 4,000 employees) and self-funded plans.
  
  
  
  


• Technical Skills:
  
  
  
  • High proficiency in Microsoft Excel.
  
  
  • Familiarity with BenefitPoint software is a plus.
  
  
  
  


• Soft Skills:
  
  
  
  • Professional demeanor and strong communication skills.
  
  
  • Tactful and detail-oriented.
  
  
  • Ability to work collaboratively in a team environment.
  
  
  
  


• Other Requirements:
  
  
  
  • Willingness to travel for onsite client visits.
  
  
  • Ability to work effectively in a remote setting.
  
  
  
  

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