Benefits Analyst

Full Time
Remote
$64,480 - $75,000 a year
Posted Today
Job description

Join us in taking the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction.

About the Role: The Benefits Analyst works collaboratively with the Producer and Account Executive to manage an assigned book of business. They primarily provide technical support that requires a thorough understanding of employee benefits, ability to think critically and provide strategic direction, application of advanced math and Excel skills and the ability to establish and maintain collaborative internal and external relationships.

You might be a great fit for this opportunity if you:

  • Have a high School diploma or equivalent (required); associate or bachelor’s degree (preferred)
  • Have advanced Excel skills, strong verbal and written communication skills and team commitment.
  • Have or are willing to obtain an active license through California Department of Insurance in Accident, Life, and Health
  • Demonstrate math aptitude to include the ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages.
  • Demonstrated intermediate knowledge of Microsoft Office with advanced skills in Excel. Knowledge of Project Management software and Database software is a plus.
  • Have prior experience as a Benefits Analyst, Employee Benefits Technical Assistant, Actuarial Analyst, Benefits Administrator, and or, Benefits Consultant within an Insurance Brokerage environment
  • Are within a reasonable commute from our Covina, Culver City, Encino, La Palma, Long Beach, Los Angeles, Newport Beach, Pasadena, Garden Grove, or San Clemente offices on a hybrid basis

Key Job responsibilities:

  • Functions as the analytical subject matter in strategy meetings with Account Executive and Producer.
  • Develops and communicates strategy for RFPs, results and reports to carrier partners/vendors.
  • Interprets client’s needs and makes recommendations on direction of RFP and contribution analysis.
  • Understands and analyzes the respective markets and products in order to find the best solutions to meet client’s needs.
  • Examines benefits and claims data for inclusion in RFPs, organizes carrier & vendor bids received and follows up on non-responses and late submissions.
  • Negotiates with carriers throughout the RFP process.
  • Addresses carrier questions during RFP process and advises carriers on the client benefit strategy.
  • Conducts claims analysis and contribution modeling.
  • Interprets census data and evaluates it for accuracy.
  • Communicates with Account Executives and Producers on status of marketing activity.
  • Reviews insurance bids for compliance with specifications, identifying key differences in bids, and maintaining client databases within internal systems.
  • Creates and updates templates used during the strategy and marketing process.
  • Adds to and maintains client access to external online portals.
  • Provides training as a subject-matter-expert to other Client Services team members on various topics.
  • Manages and assists with client-related service issues and open enrollment meetings

*The expected salary range for this position is $64,480 to $75,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.

Join the HUB team and watch your career take off! Apply today!

ABOUT HUB: In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world’s largest insurance brokers, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected — through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad, deep and one-of-a kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.

WHY CHOOSE HUB? Throughout our network of more than 450 HUB offices in North America, we offer a competitive, exciting and friendly work environment that strategically positions our employees for longevity and success. At HUB, we believe in investing in the future of our employees, and provide continuous opportunities for growth and development. Our entrepreneurial culture fosters an environment that empowers our people to make the best decisions for our customers and organization, focusing on expanding the industry knowledge of our insurance professionals to better serve our valued clients. We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs, yet evolves as your needs change over time. Join us in taking the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction.

HUB International Limited is an equal opportunity and affirmative action employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations. The EEO is the Law poster and its supplement is available here at http://www.dol.gov/ofccp/regs/compliance/posters/ofccpost.htm

To learn more, visit any of the following sites below:

  • https://hubinternational.jobs/life-at-hub/
  • https://hubinternational.jobs/diversity-and-inclusion/
  • https://hubinternational.jobs/veterans/
  • https://hubinternational.jobs/early-career-programs/

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Job Type: Full-time

Pay: $64,480.00 - $75,000.00 per year

Benefits:

  • 401(k)
  • 401(k) matching
  • Dental insurance
  • Health insurance
  • Paid time off
  • Vision insurance

Weekly day range:

  • Monday to Friday

Work setting:

  • Remote

COVID-19 considerations:
Daily health survey requirement prior to entering the office

Application Question(s):

  • Are you licensed by the California Department of Insurance in Property & Casualty, and/ or Accident, Life, and Health?
  • How would you rate your Excel Skills? Beginner, Intermediate, Advanced, or Expert?
  • Do you have prior experience with RFPs and creating spreads?
  • Are you within reasonable commute from any of the following locations: Covina, Culver City, Encino, La Palma, Long Beach, Los Angeles, Newport Beach, Pasadena, Garden Grove, or San Clemente
  • Do you have prior experience as a Benefits Analyst, Employee Benefits Technical Assistant, Actuarial Analyst, Benefits Administrator, and or, Benefits Consultant within an Insurance Brokerage environment or Insurance Carrier?

Work Location: Remote

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