Benefits Analyst III

SUMMARY

Responsible for working with account team in processing renewals, conducting and analyzing marketing, preparing financial summaries and providing general technical support for assigned accounts.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Exhibits proven competence in all Analyst II duties and knowledge requirements;
• Manages responsibilities for existing self-funded accounts, including vendor renewals and marketing, reporting and all other duties common to self-funded and fully-insured accounts;
• Coordinates with the Underwriting department for self-insured forecasts and modeling projects (i.e. migration modeling, reserve calculations, significant plan change modeling, etc.);
• Possesses ability to present project results to client, including individual and committee meeting settings;
• Provides basic plan design change modeling in software tools provided (must exhibit competency in software and application of results);
• Provides mentoring to team members as needed;
• Initiates standard presentations in collaboration with Account Executive, including providing consultative feedback to account team regarding client deliverables;
• Assists Producer in support role for prospective business projects;
• Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);
• Other duties as assigned.

QUALIFICATIONS

EDUCATION / EXPERIENCE

Bachelor’s degree or equivalent combination of education and experience

Two (2) or more years related work experience

Valid insurance license (or must be obtained within 90 days of employment)

Must continue to meet Continuing Education requirements for license renewal

Exhibit proficiency in Underwriting basics : pass Underwriting 201 and 301 classes

Exhibit proficiency in Pharmacy Benefit Managers : pass PBM 101

Exhibit proficiency in Stop Loss Insurance : pass Stop Loss 101

SKILLS

Excellent verbal and written communication skills

Excellent problem solving and time management skills

Good customer service skills, including telephone and listening skills

Excellent planning, organizational and prioritization skills

Ability to work within a team and to foster teamwork

Ability to take leadership role in team projects and problem solving situations

Ability to work productively as an individual to accomplish assigned projects

Ability to prioritize work for multiple projects and deadlines

Proficient in Microsoft Office Suite