Financial Analyst, Employee Benefits

LoVasco

Financial Analyst providing insights for employee benefits through data analysis and financial modeling. Collaborating with teams to drive informed client decisions in a hybrid work environment.

Posted 5/2/2026full-timeDetroit • Missouri • 🇺🇸 United StatesMid-LevelSeniorWebsite

About the role

Key responsibilities & impact

You’ll keep a close eye on how our clients’ plans are performing — monitoring monthly claims across medical, pharmacy, dental, and vision, tracking utilization trends, and flagging cost drivers before they become surprises. You’ll turn that data into clear reports and dashboards for both internal teams and clients.
You’ll build and maintain underwriting and financial models to project renewal costs, explore plan design alternatives, and support multi-year cost planning. The goal isn’t just accurate outputs; it’s making sure those outputs are presented in a way that actually helps clients make decisions.
You’ll prepare RFPs and underwriting submissions, analyze carrier and stop-loss proposals, and build the side-by-side comparisons that guide client choices.
You’ll contribute data-driven thinking to client strategy conversations by modeling plan design changes, contribution strategies, and employee cost-sharing scenarios. You’ll help prepare renewal scenarios that walk clients through the range of outcomes so they can make confident, informed decisions.
You’ll be part of something exciting: partnering with our internal Data & Engineering Team as they build software to automate our monthly and quarterly claims reporting. You’ll validate outputs, flag anomalies, and provide the real-world feedback that shapes the final product.
You’ll work closely with Financial Consultants and Account Managers, contributing to the accuracy and quality of client deliverables. You’ll participate in team knowledge sharing, look for ways to improve processes, and grow into an even more valuable contributor over time.

Requirements

What you’ll need

Bachelor’s Degree in Mathematics, Actuarial Science, Finance, Economics, or a related field.
Four to six years of experience in employee benefits financial analysis, consulting, or a closely related role.
Prior experience at an employee benefits brokerage or consulting firm is required.
Demonstrated ability to build financial models and communicate results to non-technical audiences.
Solid knowledge of group insurance products: medical, dental, vision, life, and disability.
Working knowledge of benefits financial concepts: stop-loss, self-funding, claims analysis, and plan design modeling.
Strong project management skills and a track record of delivering accurate work on deadline.
Familiarity with compliance requirements for employer-sponsored health plans: PPACA, COBRA, HIPAA, ERISA, etc.
Exceptional Excel skills and comfort with the broader Microsoft Office suite. Asana, Box, Salesforce, and/or Craft experience is a bonus.

ATS Keywords

✓ Tailor your resume

Applicant Tracking System Keywords

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

Hard Skills & Tools

financial modelingclaims analysisplan design modelingdata analysisreportingcost planningutilization trackingRFP preparationunderwriting submissionsemployee cost-sharing scenarios

Soft Skills

communicationproject managementdata-driven thinkingteam collaborationprocess improvement