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HUB International

Benefits Analyst

Posted 6 Days Ago
Be an Early Applicant
In-Office
Newport Beach, CA, USA
70K-80K Annually
Junior
In-Office
Newport Beach, CA, USA
70K-80K Annually
Junior
The Benefits Analyst manages a book of business, providing technical support, analyzing data, developing strategies for RFPs, and communicating with clients and carriers.
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ABOUT HUB:

In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the worlds' 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.

THE OPPORTUNITY:

Our service professionals play a vital role in supporting our clients with day-to-day account management, claims management, and underwriting services that ensure they have what they need to protect what matters most. Through a robust network of resources, you will be amongst some of the industry’s top talent to help guide and support our customer’s needs and provide them with innovative insurance solutions.

The Benefit Analyst works collaboratively with the Producer and Account Executive to manage an assigned book of business. The Benefit Analyst primarily provides 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.

  • 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

WHAT YOU BRING TO THE TABLE:

  • Bachelor’s degree preferred.
  • 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. Knowledge of Project Management software and Database software is a plus.

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 .

EEOAA Policy

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the US Recruiting Team toll-free at (844) 300-9193 or [email protected]. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

The expected salary range for this position is $70,000 - $80,000k depending on geographical location 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.

#LI-CD1

LIKE US SO FAR?

Take the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction.  Apply online today!

Department Account Management & Service

Required Experience: 1-2 years of relevant experience

Required Travel: No Travel Required

Required Education: High school or equivalent

HUB International Limited is an equal opportunity 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.

E-Verify Program

We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact the recruiting team [email protected]. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.

HUB International Los Angeles, California, USA Office

6701 Center Dr W, Los Angeles, CA, United States, 90045

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