Senior Benefits Analyst

Location
Kansas City, Missouri
Salary
Not Specified
Posted
Feb 07, 2024
Closes
Apr 07, 2024
Ref
R23_0000004169#GIJ-BrownBrown.1
Category
Customer Service
Job Type
Not Specified
Career Level
Not Specified
Workplace
In-Office

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown has an exciting opportunity available for a Senior Benefits Analyst supporting our Kansas City, MO team!

The Senior Benefits Analyst will lead and oversee the servicing and consulting needs of the employee benefit clients. The Analyst will utilize technical skills to retain clients by providing Benefits and financial expertise. This position 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.

WHAT YOU'LL DO:

  • 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

WHAT YOU'LL NEED:

  • Bachelor Degree in Accounting/Finance/Business/Economics or equivalent work experience.

  • 5+ years employee financial experience with a thorough understanding and knowledge of employee benefits

  • Proficient with MS Office Suite - strong to expert level Excel skills

  • Strong analytical and critical thinking ability

  • Ability to maintain a high level of confidentiality

  • Excellent verbal and written communication skills

  • Ability to work independently and exercise judgement

  • Detail oriented with excellent organizational skills

  • Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements

  • Must obtain and maintain active Life/Accident and Health Insurance Agent License within a year

  • This position may require routine or periodic travel which may require the teammate 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

WHAT WE OFFER:

  • Excellent growth and advancement opportunities

  • Competitive pay based on experience

  • Discretionary Time Off

  • Generous benefits package: health, dental, vision, 401(k), mental health resources, pet insurance, etc.

  • Employee Stock Purchase Plan

We are an Equal Opportunity Employer. We take pride in the diversity of our team and seek diversity in our applicants.