Brown & Brown Insurance

Benefits Consultant

Brown & Brown Insurance

full-time

Posted on:

Location Type: Hybrid

Location: Salt Lake City • Utah • United States

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About the role

  • The Benefits Consultant is responsible for employee benefits account management responsibilities.
  • This includes day to day client contact and assistance with daily service functions.
  • Utilizes technical expertise to retain present clients.
  • Administers marketing and renewal functions.
  • Assists Team Lead in servicing the financial consulting needs of the employee benefit clients.
  • Evaluates financial and utilization metrics for clients including but not limited to monthly financial reports, utilization metrics and benchmarks as well as assist with other ad hoc reports and analysis.
  • Development and execution of client benefit strategy.
  • Independently advises clients on all areas of compliance.
  • Provide client utilization and financial reporting to Team Lead and to clients.
  • Partners with Team Lead to lead client meetings and presentations.
  • Partners with Team Lead to onboard new clients.
  • Strong knowledge of and relationships with vendors.
  • Monitor monthly financials for client including entry of data into client exhibits.
  • Prepare and send monthly financial reports to clients with analysis of activity and large claim detail.
  • Prepare basic financial/underwriting exhibits as requested including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc.
  • Work with Team Lead to develop reporting requirements and any deviations or customizations in those reports.
  • Assists Team Lead in preparing requests for proposals and renewals of benefit coverages.

Requirements

  • Minimum of 4 year degree or equivalent work experience required.
  • 5+ years employee benefits experience with a thorough understanding and knowledge of employee benefits
  • 1+ years financial experience
  • Proficient with MS Office Suite
  • Microsoft Excel – Strong to expert level skills required
  • Strong analytical and critical thinking ability
  • Ability to maintain a high level of confidentiality
  • Excellent verbal and written communication skills
  • Ability to work independently.
  • Detail oriented with excellent organizational skills.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
employee benefits account managementfinancial reportingutilization metrics analysisfinancial projectionslarge claim analysisstop loss analysisdemographics analysisIBNRdata entryreporting requirements development
Soft Skills
analytical thinkingcritical thinkingconfidentialityverbal communicationwritten communicationindependencedetail orientedorganizational skills