Associate Benefits Analyst
HUB International is a leading provider of insurance solutions, dedicated to advising businesses and individuals on their insurance needs. The Associate Benefits Analyst will support clients by managing a book of business, providing technical support, and collaborating with team members to deliver innovative insurance solutions.
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
Skills
- 1-2 years related experience and/or training or equivalent combination of college work and work experience
- Must have advanced Excel skills, strong verbal and written communication skills and team commitment
- Must hold (or be willing to obtain) a valid CA Life Agent license
- Demonstrated 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
- Bachelor's degree preferred
- Knowledge of Project Management software and Database software is a plus
Benefits
- Comprehensive benefit and total compensation packages: health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts
- Paid-time-off benefits such as vacation, sick, and personal days
- Eligible bonuses, equity and commissions for some positions
Company Overview