Employee Benefits Underwriter/Financial Analyst
World Insurance Associates LLC
full-time
Posted on:
Location Type: Remote
Location: Remote • Arizona, Florida, Illinois, New York • 🇺🇸 United States
Visit company websiteSalary
💰 $65,000 - $85,000 per year
Job Level
Mid-LevelSenior
About the role
- Provide support and manage employee benefits for clients, focusing on Medical, Dental, Vision, Life, AD&D, Long-term Disability, Short-Term Disability, and Voluntary Benefits
- Responsible for the preparation of RFPs and the analyzation of the marketing results
- Designing, distributing, and evaluating responses to surveys and RFPs
- Perform financial analysis, including benefits cost projection, plan design modelling alternatives, and creation of employee contribution recovery models
- Create benchmark data and trend analysis for clients
- Work independently and make sound underwriting decisions based on financial results
- Proactive financial monitoring and review for assigned cases
- Create monthly financial reporting packages including detailed premium, claims, membership, commission, and cash reconciliation information
- Create weekly, monthly and quarterly financial statements and/or projections
- Assist in quarterly presentation to clients on financial performance of insurance programs
- Conduct New Business Financial Evaluations as needed by sales team
- Provide timely, courteous and accurate response to all inquiries, conducting research when necessary and communicating results
- Process all necessary paperwork by adhering to the department workflow and procedures
Requirements
- Bachelor’s Degree or the recognized equivalent in education and experience, required
- 3+ years of underwriting experience
- Strong communication skills and ability to translate complex financial concepts into customer friendly format
- Proven ability to manage multiple projects simultaneously and produce quality deliverables on time
- Strong administrative and computing skills, including Microsoft Office (Word, Excel and Outlook)
- Able to work independently and enjoy a high degree of interaction with team members
- Ability to contribute to a collaborative environment by consistently demonstrating teamwork, high motivation, positive behavior and effort to achieve goals and objectives
- Self-motivated and driven
- Maintain a sense of urgency and ability to work with and meet deadlines
- Demonstrates effective problem-solving abilities
- Demonstrates excellent time management and prioritization skills
- Attention to detail and commitment to a high level of accuracy
- Ability to use discretion surrounding sensitive information
- Ability to maintain a professional demeanor and positive attitude
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
underwritingfinancial analysisbenefits cost projectionplan design modellingemployee contribution recovery modelsbenchmark data analysistrend analysisfinancial reportingfinancial statementsRFP preparation
Soft skills
communication skillsproject managementteamworkself-motivatedproblem-solvingtime managementattention to detaildiscretionprofessional demeanorpositive attitude