What are the responsibilities and job description for the Financial Benefits Analyst position at Kavaliro?
Job Description
The Financial Benefits Consultant supports all aspects of financial analysis related to clients’ group benefit programs. The Financial Benefits Analyst works closely and collaboratively with other members of the financial support team to provide support to Account Manager(s) and Benefits Consultant(s). Deliverables will include benefit and financial illustrations that allows clients to properly evaluate their benefit plans.
Pay: $100,000-120,000 annually Essential Duties and Responsibilities (include but are not limited to):
License required
Kavaliro provides Equal Employment Opportunities to all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. Kavaliro is committed to the full inclusion of all qualified individuals. In keeping with our commitment, Kavaliro will take the steps to assure that people with disabilities are provided reasonable accommodations. Accordingly, if reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and/or to receive all other benefits and privileges of employment, please respond to this posting to connect with a company representative.
Job Requirements
Hybrid
The Financial Benefits Consultant supports all aspects of financial analysis related to clients’ group benefit programs. The Financial Benefits Analyst works closely and collaboratively with other members of the financial support team to provide support to Account Manager(s) and Benefits Consultant(s). Deliverables will include benefit and financial illustrations that allows clients to properly evaluate their benefit plans.
Pay: $100,000-120,000 annually Essential Duties and Responsibilities (include but are not limited to):
- Drafts and reviews accurate exhibits for quarterly and annual client meetings
- May assist the Benefit Consultant with carrier negotiation process
- Mentors junior team members
- Drafts and reviews client utilization reports using various carrier reporting methods
- Analyzes data and identifies opportunities for plan design and product changes, based upon observed utilization patterns
- Drafts and reviews monthly reporting deliverables for clients.
- Drafts and reviews cost projections for benefit plan offerings.
- Analyzes industry benchmarks and drafts information for the client to show their competitiveness in the industry.
- Develops and maintains strong working relationships with carrier partners
- Maintains accurate, current, organized, and complete market information in internal databases
- Assists team and clients as necessary with special projects
- Ability to analyze data and recognize analytical patterns
- Strong verbal and written communication skills
- Presentation skills
- Ability to effectively handle multiple and changing client priorities and deadlines
- Excellent interpersonal skills
- Ability to thrive in a fast-paced environment
- 3 years of experience
- Bachelor’s degree, required; Business, Finance, Math, Accounting, or related field, preferred
- Proficient in all Microsoft Office products, required
- Intermediate to advanced proficiency in Microsoft Excel, required
- Experience in the healthcare industry working for a group insurance carrier, broker or consultant, preferred
- Knowledge of group insurance including medical, dental, CDHP, pharmacy, life and disability products, strongly preferred
- Experience with database applications, a plus
License required
Kavaliro provides Equal Employment Opportunities to all employees and applicants. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws. Kavaliro is committed to the full inclusion of all qualified individuals. In keeping with our commitment, Kavaliro will take the steps to assure that people with disabilities are provided reasonable accommodations. Accordingly, if reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and/or to receive all other benefits and privileges of employment, please respond to this posting to connect with a company representative.
Job Requirements
Hybrid
Salary : $100,000 - $120,000