Full-Time

Insurance Employee Benefits Analyst

Posted on 1/30/2025

Woodruff Sawyer

Woodruff Sawyer

501-1,000 employees

Insurance brokerage specializing in risk management

Compensation Overview

$57k - $95kAnnually

+ Incentive Program (8% of salary)

Junior, Mid

Lake Oswego, OR, USA

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

Category
Insurance
Finance & Banking
Required Skills
Word/Pages/Docs
Marketing
Excel/Numbers/Sheets
PowerPoint/Keynote/Slides
Requirements
  • Proficiency with office software such as Microsoft Office Word, Excel, and PowerPoint
  • Superb organizational and time management skills
  • Ability to take initiative, problem-solve, multitask, and work well under pressure
  • Effective communication skills, both written and verbal
  • Bachelor's degree or equivalent experience is required
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
Desired Qualifications
  • 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

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 effectively manage risks and secure optimal insurance solutions.

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

San Francisco, California

Founded

1918

Simplify Jobs

Simplify's Take

What believers are saying

  • Competitive pricing in 2025 attracts new clients with cost-effective solutions.
  • Expansion into Central Valley taps into specialized agriculture and dairy markets.
  • Acquisition by Gallagher provides resources to enhance service offerings.

What critics are saying

  • Gallagher acquisition may lead to integration challenges and cultural clashes.
  • Competitive pricing pressures could affect Woodruff Sawyer's profit margins.
  • Increasing cyber risk volatility may lead to higher claims and liabilities.

What makes Woodruff Sawyer unique

  • Woodruff Sawyer offers tailored insurance solutions for emerging cyber threats.
  • The firm has deep expertise in the tech insurance market.
  • WS Connect platform streamlines employee benefits, enhancing client satisfaction.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Flexible Spending Account/Flexible Spending Account

Unlimited Paid Time Off

Paid Vacation

Paid Sick Leave

Paid Holidays

Hybrid Work Options

401(k) Retirement Plan

401(k) Company Match

Company Equity

Wellness Program

Professional Development Budget

Company News

Investing.com
Mar 5th, 2025
Gallagher to acquire insurance broker Woodruff Sawyer for $1.2B

Additionally, Gallagher expanded its footprint in the Upper Midwest by acquiring Dyste Williams, a Minneapolis-based retail insurance agency.

Stock Titan
Mar 4th, 2025
Gallagher Acquires Woodruff Sawyer for $1.2B

Arthur J. Gallagher & Co. announced a definitive agreement to acquire Woodruff Sawyer for $1.2 billion, subject to regulatory approval, expected to close in Q2 2025. Woodruff Sawyer, based in San Francisco, offers commercial property/casualty products and risk management services. The acquisition aims to enhance client offerings and expand capabilities. Woodruff Sawyer's pro forma revenues and EBITDAC for 2024 were approximately $268 million and $88 million, respectively.

Crain's Chicago Business
Mar 4th, 2025
Arthur J. Gallagher inks $1.2 billion deal for commercial insurance brokerage

Insurance brokerage Arthur J. Gallagher & Co. bought Woodruff Sawyer, a provider of commercial property and casualty insurance products, employee benefits solutions and risk management services, for $1.2 billion, the companies said today.

VentureBeat
Feb 20th, 2025
The Cyber Insurance Reckoning: Why Ai-Powered Attacks Are Breaking Coverage (And What Comes Next)

This article is part of VentureBeat’s special issue, “The cyber resilience playbook: Navigating the new era of threats.” Read more from this special issue here.Today’s cyber attacks can be paralyzing — and extremely costly — for modern enterprises. Armed with AI, hackers are exploiting vulnerabilities faster than ever.However, standard business insurance products such as general or professional liability policies (errors and omissions, or EO) typically don’t cover losses or damages as the result of breaches or other cyber-related incidents. This makes cybersecurity insurance increasingly critical in 2025 and beyond, particularly as AI transforms (and simplifies) hackers’ methodologies. Cybersecurity-specific insurance policies cover a range of remediation cost and recovery efforts to help enterprises limit damage, recover faster and improve their overall cyber hygiene. But as with any other type of coverage, cyber insurance can be complicated to navigate and full of legalese and loopholes. Let’s go over the basics, why it’s important, what to look for and what trends to expect this year as AI takes center stage. So what does cyber insurance cover?Typically, cyber policies offer coverage for first-party (direct losses) and third-party (outside the business) damages. General coverage includes:. Business interruptions: Lost revenue when an attack takes systems offline;Attack remediation: Incident response, forensic investigations or system repairs;Customer notification and reputation management: Automated alerts when customers’ personally identifiable information (PII) may have been accessed; credit monitoring and breach hotlines; PR work to help repair the brand;Legal expenses: Litigation as the result of a breach (such as lawsuits filed by customers or vendors), what’s known as “duty to defend”;Regulatory action: Investigations that require legal services and potential fines. In the case of ransomware, it’s important to note that, while providers have covered payouts in the past, many are backing off of this practice because hackers are demanding more and regulators are scrutinizing

PR Newswire
Feb 3rd, 2025
Woodruff Sawyer'S 2025 Cyber Looking Ahead Guide Highlights Declining Insurance Costs And Rising Risks

SAN FRANCISCO, Feb. 3, 2025 /PRNewswire/ -- Woodruff Sawyer, one of the largest independent insurance brokerages in the US, announced today the release of the 2025 Cyber Looking Ahead Guide. A competitive market has driven down cyber insurance costs, allowing many businesses to reduce their premiums. Looking ahead, Woodruff Sawyer expects pricing to remain stable to moderately lower in 2025, despite mixed expectations from underwriters. However, even as the market offers some relief for buyers, the underlying cyber risk landscape continues to grow more volatile. Download the Guide                    Attend the 2/4 webinar. Evolving Cyber Threats and Rising Risk Factors

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