Full-Time

Benefits Analyst 2

Employee Benefits

Posted on 10/25/2024

HUB

HUB

5,001-10,000 employees

Consulting
Consumer Software
Enterprise Software
AI & Machine Learning

Compensation Overview

$75.5k - $90kAnnually

Mid

San Diego, CA, USA

Category
Customer Success Management
Sales & Account Management
Required Skills
Data Analysis
Requirements
  • College Degree
  • 4+ years working for a carrier or brokerage firm.
  • Strong verbal and written communication skills
  • Analytical and problem-solving abilities
  • Proficient in Microsoft Office – intermediate to expert user level preferred.
  • Excellent organizational skills
  • Ability to work well under pressure with attention to detail
  • Team oriented self-starter with ability to prioritize, monitor and control workflow deadlines and be flexible
  • Detail oriented
  • Sense of urgency
  • Understanding of benefits & benefit terminology
  • Proficient typing ability
  • High degree of independence and problem-solving skills
  • Accurate completion of enrollment/changes which includes follow-up with carriers and team
Responsibilities
  • Develops and communicates strategy for RFPs, results and reports to carrier partners/vendors.
  • Responsible for the new and renewal submission and implementation as it relates to the quoting process.
  • Progressive project management for the timely renewal process concerning quality, deadline, workflow, communication and carrier coordination.
  • Interprets client’s needs and makes recommendations on direction of RFP and contribution analysis.
  • Quoting new and renewal groups.
  • 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.
  • Support Account Executive with data gathering of benchmarking, strategic planning and reporting duties.
  • 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.
  • Attend carrier sales meetings, trainings, and webinars.
  • Maintaining detailed knowledge of new and existing products and relaying between carriers, Account Executives & Producers.
  • Communication and coordination with the carriers and internal HUB Team.
  • Expert user in BenAdmin, workflow, carrier and proposal systems.
  • Perform research and problem resolution of data issues using multiple systems, tools and resources.
  • Maintains positive relationships both internally and externally.
  • Maintain HUB Values including HIPPA and ACA Compliance.
  • Ensures we’re meeting HUB turn-around times as outlined in the KPIs.
  • Assist in the development and implementation of new processes and procedures.
  • Functions as the analytical subject matter in strategy meetings with Account Executive and Producer.
  • Provides mentorship to more junior Benefit Analysts.
  • Works within the project management tool SmartSheet.
  • Works within Benefit Point to update client information.

Company Stage

Debt Financing

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1998

Simplify Jobs

Simplify's Take

What believers are saying

  • HUB's strategic leadership appointments, like Tim DeSett and Lauren Melzer, indicate a strong focus on growth and innovation.
  • The company's continuous expansion through acquisitions suggests robust financial health and a commitment to broadening its service offerings.
  • HUB's emphasis on personalized solutions, such as the clinical informatics resources for employee benefits, enhances its appeal to a diverse client base.

What critics are saying

  • Frequent acquisitions may lead to integration challenges and potential cultural clashes within the organization.
  • The competitive insurance brokerage landscape requires HUB to continuously innovate to maintain its market position.

What makes HUB unique

  • HUB International's aggressive acquisition strategy, including recent purchases of Wade Associates and WestStar Insurance, positions it as a dominant player in the insurance brokerage market.
  • The introduction of HUB Infused Analytics™ Data Suite for personalized employee benefits showcases HUB's commitment to leveraging data analytics for client advantage.
  • HUB's expansion into niche markets, such as aviation risk advisory services for affluent clients, differentiates it from traditional insurance brokers.

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