Full-Time

Insurance Employee Benefits Analyst

Posted on 9/5/2024

Woodruff Sawyer

Woodruff Sawyer

501-1,000 employees

Insurance brokerage specializing in risk management

Consulting
Financial Services

Compensation Overview

$57k - $95kAnnually

+ Incentive Program (8% of salary)

Entry, Junior, Mid

Denver, CO, USA

Hybrid workplace with up to 3 days remote work per week.

Category
Insurance
Finance & Banking
Required Skills
PowerPoint/Keynote/Slides
Requirements
  • Bachelor's degree or equivalent experience is required.
  • Preferred experience in the insurance industry or insurance broker industry.
  • Project Management experience is a plus.
  • 1-4 years of experience working directly with employee benefit analysis.
  • Proficiency with office software such as Microsoft Office Word, Excel, and PowerPoint.
Responsibilities
  • Take charge of marketing and renewal activity for both fully insured and self-insured clients.
  • Collaborate with Account teams to develop client strategies, set marketing and renewal objectives, and assess risk to present strategic options.
  • Direct marketing activities to ensure timely completion of service model timetables.
  • Interpret marketing strategy and develop Request for Proposal (RFP) to meet objectives.
  • Carry out marketing instructions and respond to requests from carriers.
  • Develop and maintain key relationships critical to the sales process and negotiate with carrier contacts to seek competitive options for clients.
  • Analyze proposals for compliance and desired provisions that meet clients' needs.
  • Provide illustrations of options and recommendations to Account Managers and Account Executives.
  • Evaluate and compare benefit plans, costs, and market trend data to develop specific recommendations for clients' overall benefit strategy.
  • Manage fully insured and self-insured financial, utilization, and claims monitoring reports development and delivery.
  • Participate in peer review process to ensure accuracy and quality of renewal documents and presentations before client receives information.

Woodruff Sawyer offers insurance brokerage and consulting services, focusing on risk management, insurance, and employee benefits for commercial clients, including technology firms and large corporations. They create customized insurance solutions by identifying emerging trends and enhancing clients' risk management strategies. Unlike competitors, Woodruff Sawyer has a deep understanding of the tech insurance market, providing valuable insights to help clients navigate complexities. Their goal is to be a trusted advisor, helping clients mitigate risks and achieve their business objectives.

Company Stage

N/A

Total Funding

N/A

Headquarters

San Francisco, California

Founded

1918

Simplify Jobs

Simplify's Take

What believers are saying

  • The easing of the hard market in 2025 may lead to more competitive pricing.
  • Expansion into New York and California strengthens Woodruff Sawyer's regional presence and expertise.
  • The introduction of WS Connect enhances their digital offerings in employee benefits.

What critics are saying

  • Increased competition from digital insurance platforms may erode Woodruff Sawyer's market share.
  • Economic uncertainty could lead to reduced spending on insurance services by businesses.
  • The rise of insurtech companies challenges traditional brokerage models like Woodruff Sawyer's.

What makes Woodruff Sawyer unique

  • Woodruff Sawyer offers tailored insurance solutions for diverse industries, including technology and agriculture.
  • The firm provides proactive risk management strategies, enhancing client preparedness for potential risks.
  • Woodruff Sawyer's deep understanding of the tech insurance market sets it apart from competitors.

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