Full-Time

Insurance Employee Benefits Analyst

Updated on 11/14/2024

Woodruff Sawyer

Woodruff Sawyer

501-1,000 employees

Insurance brokerage specializing in risk management

Consulting
Financial Services

Compensation Overview

$57k - $95kAnnually

+ Incentive Program

Junior, Mid

Lake Oswego, OR, 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 strong 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

  • Woodruff Sawyer's expansion into New York and the Pacific Northwest offers significant growth opportunities and market penetration.
  • The promotion of experienced leaders like Dave Erickson and Alex Pazooki indicates strong internal talent development and leadership stability.
  • Their comprehensive guides on cyber and property casualty insurance showcase thought leadership and provide valuable insights to clients.

What critics are saying

  • The competitive nature of the insurance brokerage industry could pressure Woodruff Sawyer to continuously innovate to maintain its market position.
  • Expansion into new regions like New York may come with integration challenges and operational risks.

What makes Woodruff Sawyer unique

  • Woodruff Sawyer's deep understanding of the tech insurance market and emerging trends sets them apart from generalist insurance brokers.
  • Their proactive approach to risk management, rather than just policy placement, provides added value to clients.
  • The firm's expansion into key markets like New York and the Pacific Northwest demonstrates their strategic growth and regional expertise.

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