Junior Underwriting & Financial Analyst, Employee Benefits
Job Summary
Seeking a motivated and detail-oriented Junior Underwriting & Financial Analyst to join a Employee Benefits team. This role will focus on managing and supporting employee benefits for clients, including Medical, Dental, Vision, Life, AD&D, Long-term Disability, Short-Term Disability, and Voluntary Benefits. The ideal candidate will have a strong analytical mindset, excellent communication skills, and the ability to work independently while delivering high-quality results. This is an in-office position with opportunities for professional growth in a fast-paced and dynamic environment.
Compensation Package
- Salary : $75,000 annually
- 401(k) : Yes
Responsibilities
Prepare Requests for Proposals (RFPs) and analyze marketing results.Design, distribute, and evaluate responses to surveys and RFPs.Perform financial analysis, including benefits cost projections, plan design modeling, and employee contribution recovery models.Create benchmark data and trend analysis for clients.Make sound underwriting decisions based on financial results.Conduct proactive financial monitoring and review for assigned cases.Develop monthly financial reporting packages, including premium, claims, membership, commission, and cash reconciliation information.Generate weekly, monthly, and quarterly financial statements and projections.Assist in quarterly presentations to clients on the financial performance of insurance programs.Conduct new business financial evaluations as needed by the sales team.Provide timely, courteous, and accurate responses to inquiries, conducting research when necessary and communicating results.Process all necessary paperwork in adherence to department workflows and procedures.Qualifications / Requirements
Education : Relevant degree or equivalent experience in finance, insurance, or a related field.Experience : Minimum of 1+ years of experience in a similar role.Licenses / Certifications : Life and Health (L&H) license required.Technical Skills : Familiarity with Epic software is preferred but not mandatory.Soft Skills : Strong analytical abilities, attention to detail, excellent communication skills, ability to work independently, and a proactive approach to problem-solving.#LI-MB6
