ABOUT HUB:
In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the worlds' largest insurance brokers, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected-through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad, deep and one-of -a kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.
THE OPPORTUNITY:
HUB’s Employee Associate Benefit Analyst professionals provide a critical role in maintaining client relationships. The Associate Benefit Analyst works collaboratively with the Producers and Account Managers to manage an assigned book of business. The Associate Benefit Analyst primarily provides medical plan marketing services, claims experience reporting, and technical support that requires a thorough understanding of employee benefits, the ability to think critically to provide strategic direction, application of advanced math and Excel skills and the ability to establish and maintain collaborative internal and external relationships.
DUTIES & RESPONSIBILITIES:
- Functions as the medical analytical subject matter expert in strategy meetings with Account Executive/Producer, including but not limited to communicating the status of marketing activity and claims utilization analysis.
- Creates and updates claims experience reporting models and provide analysis and commentary to Client Service team members
- Leads the Medical Market Analysis process: Develops and communicates strategy for Medical Market Analysis, analyzes Medical Market Analysis results, reports to carrier partners/vendors and negotiates with carriers throughout the RFP process.
- Addresses carrier questions during Medical Market Analysis process and advises carriers on the client benefit strategy.
- Market Analysis may also include dental and vision as necessary.
- Understands and analyzes the respective markets and products in order to find the best solutions to meet client’s needs.
- Examines benefits and claims data for inclusion in Medical Market Analysis organizes carrier & vendor bids received and follows up on non-responses and late submissions.
- Conducts claims analysis and contribution modeling.
- Interprets census data and evaluates it for accuracy.
- Reviews insurance bids for compliance with specifications, identifying key differences in bids, and maintaining client databases within internal systems.
- Creates and updates internal systems and templates used during the strategy and marketing process.
- Submits and performs peer view of rep