Health and Benefits Associate Financial Manager
Required skills
- benefit consulting
- brokerage firm
- health underwriting
- actuarial function
- insurance company
- benefit program products
- underwriting
- funding concepts
- traditional benefit programs
- flexible benefit programs
Nice to have
- client complexities
- client segments
- financial engagements
- cost avoidance
- risk strategies
- technical accuracy
Role summary
The Health and Benefits Associate Financial Manager will provide financial and technical expertise to client teams, focusing on the design, financing, and analysis of employer group benefit programs. This role involves interfacing with carriers and vendors, preparing complex analyses, and contributing to the development of intellectual capital. Key responsibilities include managing client engagements, developing pricing models, reviewing technical accuracy, and communicating financial results to drive client action. The position also requires directing the work of junior colleagues and strong collaboration across teams.
As a Health and Benefits Associate Financial Manager you will be a key member of the client team providing financial and technical expertise. You will contribute to a wide variety of complex analyses and projects involving the design, financing, and measurement and financial analysis of the full spectrum of employer group benefit programs including medical, dental, life, disability and optional benefits. You will interface with carriers, vendors, and client service teams and contribute materially to the preparation of complex analyses to clients, ensuring quality standards are met. You will have the opportunity to position yourself as a thinker, providing critical support on financial projects and you will contribute your analytical expertise to aid in developing our strong intellectual capital.
- Develops knowledge of varying client complexities by working across different client segments, including supporting clients’ financial engagements for a portfolio of clients and managing analyst resources to coordinate effective and efficient delivery of client deliverables including complex deliverables, such as flexible benefit pricing and renewals
- Demonstrates knowledge in benefit plan design, underwriting and funding concepts, carrier / vendor renewals and RFP’s
- Is a key member on multiple employer client teams supporting financial analyses, outputs and client deliverables
- Provides direction to mid-sized clients in conjunction with the client team on benefit plan analysis, design, cost avoidance, risk and funding strategies
- Reviews technical accuracy on multiple types of client projects
- Develops pricing, models design alternatives, ensures reasonability
- Communicates financial/analytic results to effectively drive client action
- Partners with Global Delivery Centers and Client Service teams to deliver superior project management and reporting
- Builds strong relationships internally and collaborates effectively on cross-functional teams
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Qualifications
Requirements
- 5+ years’ experience ideally gained in a benefit consulting / brokerage firm or health underwriting / actuarial function of an insurance company
- Proven ability to manage multiple deliverables simultaneously and produce quality deliverables on time and within budget
- Knowledge of benefit program products & services, underwriting and funding concepts
- Experience with both traditional and flexible benefit programs – design elements, renewal pricing, analysis, negotiations, RFP process and analysis
- Strong analytical thinker with experience working with data, developing insights to draw conclusions
- Proven ability to identify and resolve issues with limited information
- Polished and well developed written and verbal communication skills
- Self-starter attitude, curious with an ability to work independently and as part of a team
- Creative and integrative skills
- Ability to direct work of more junior colleagues and provide feedback
- Excellent Microsoft Office skills, particularly in Excel and PowerPoint
- Life and Health license required within 180 days of joining
- Relevant experience and/or university degree
Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.
This job posting is an advertisement for an existing vacancy.
Equal Opportunity Employer
