What are the responsibilities and job description for the Employee Benefits Financial Analyst position at Brown & Brown Insurance?
Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.
Brown & Brown is seeking an Employee Benefits Financial Analyst to join our growing team in Grand Rapids, MI!
The Employee Benefits Financial Analyst provides guidance and support for the financial consulting needs of employee benefit clients. They will use technical expertise to assist clients in understanding and managing their financial and utilization metrics.
The Financial Analyst collaborates with the Financial Consultant to review monthly financial reports, utilization metrics, and benchmarks. Supports clients in negotiating renewal proposals and offers recommendations for plan changes and alternative funding options.
How You Will Contribute:
- Assist in the oversight of monthly financial reports.
- Help develop reporting requirements and customize reports as needed.
- Support Benefit Consultants in preparing requests for meetings, including coverages and contracts.
- Participate in prospective client finalist presentations to represent the Brown & Brown financial strategy.
- Assist with demographic analysis, claims reviews, and other projects for prospective clients.
- Perform miscellaneous duties and projects, including involvement in presentations at client functions and meetings.
Licenses & Certifications:
- Must obtain and maintain active Life/Accident and Health Insurance Agent License within a year
Skills & Experience to be Successful:
- Bachelor Degree in Accounting/Finance/Business/Economics or equivalent work experience.
- 2 years employee financial experience with a thorough understanding and knowledge of employee benefits
- Proficient with MS Office Suite
- Microsoft Excel - Strong to expert level skills
- Strong analytical and critical thinking ability
- Ability to maintain a high level of confidentiality
- Excellent verbal and written communication skills
- Ability to work independently and exercise judgement
- Detail oriented with excellent organizational skills
- Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements
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Teammate Benefits & Total Well-Being
We go beyond standard benefits, focusing on the total well-being of our teammates, including:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health &Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.
Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.
Recruiting Vendor Disclosure Statement
Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.
The Power To Be Yourself
As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, "The Power to Be Yourself".