About the job
FINAN014784_1
Who We Are
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
Summary: This full-time position requires review of day-to-day financial reporting and analysis for select clients. Position includes reviewing data for accuracy and creating client specific reports for analysis and review. Additionally, the Financial Analyst will serve as a mentor to a Junior Analyst.
Essential Duties And Responsibilities
- Review self-funded, financial reports and provide comments to Account Management team for monthly or quarterly discussions
- Mange claims audit, dependent audit, and plan optimization/contribution differential analysis process
- Develops self-funded renewal projections, assist in the preparation of financial renewal summary, prepare alternate funding options
- Prepare stop loss sensitivity analysis for self-insured clients
- Review client IBNR reserve analysis templates prior to actuarial review
- Proof exhibits created by Level 1 Analysts for mathematical, formulaic, spelling, grammatical and branding errors and ensure they are client ready
- Update excel-based templates/models to improve the reporting or renewal process
- Attends seminars or educational activities to stay up-to-date on the latest developments, trends and regulations in the market place
- Attend client meetings on an as-needed basis to review financial reports
- Maintain confidentiality and HIPAA compliance with all client information obtained in the course of work
- Build and maintain solid relationships carrier sales representatives and Account Management teams
- Additional duties as assigned
Knowledge, Skills, And/or Abilities
- Critical Thinking – Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems
- Active Listening – Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times
- Strong Presentation/Speaking Skills – Effectively communicating with others in an individual or group environment to articulate the