Financial Analyst, Employee Benefits

A path for every ambition.

At HUB, we believe the best work happens when people are given real space to grow and then given the autonomy to exercise it. We power progress and protect ambition: for the clients who count on us, and equally for the people who make that possible every day.

We’re creative thinkers and determined doers, guided by values that show up in how we work together: with empathy, adaptability, accountability and a genuine commitment to one another’s success. We foster bold ideas, celebrate curiosity and share what we know. Because when people grow, the work they do grows with them.

Our purpose is deeply human: to help people navigate the world on their terms, at their speed, toward their future. We hold that same commitment to the people building careers here.

Whether you’re starting out or leveling up, you’ll find the resources to evolve, the support to take on more and a team ready to back you at every stage.

Your ambition has a home here.

ABOUT HUB

In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world's 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

As an  Employee Benefits Financial Analyst , you will provide analytical support to Business Advisors and client services team.   You will   build relationships  with internal and external customers while providing guidance and assistance.  You will have continuous learning  and development opportunities to work towards your career goals.

We are the perfect fit if you

- Are seeking a progressive work environment at a rapidly growing organization

- Have an entrepreneurial spirit and are challenged by the opportunity to grow the business

- Are focused on learning and development to enhance your industry knowledge and expertise

- Are a self-starter willing to invest time and energy to learn the technical aspects of our business

- Believe in integrity and building success by developing relationships with others

Your job responsibilities as an Employee Benefits Financial Analyst

- Provides analytical support to meet the data and reporting needs of our clients. Serve as a reporting and analytics Subject Matter Expert (SME) for internal and external stakeholders, providing information and guidance in resolving inquiries. Develop routine reports for clients to include renewal information, renewal history, mid-year planning, stewardship, monthly or quarterly utilization and claims analysis, etc.

- Creates custom reports as needed to assist in answering client inquiries, including plan cost variances, plan change analysis, claim history, claim projections, etc. and conduct complex analysis of data when required. You will prepare renewal information, which includes plan data, census, and renewal history.

- Develops and communicates strategy for RFPs, results and reports to carrier partners/vendors.  Responsible for the new and renewal submission and implementation as it relates to the quoting process. Progressive project management for the timely renewal process concerning quality, deadline, workflow, communication and carrier coordination.

- Interprets client’s needs and makes recommendations on direction of RFP and contribution analysis.

- Quoting new and renewal groups

- 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 RFPs, organizes carrier & vendor bids received and follows up on non-responses and late submissions.

- Negotiates with carriers throughout the RFP process.

- Addresses carrier questions during RFP process and advises carriers on the client benefit strategy.

- Support Account Executive with data gathering of benchmarking, strategic planning and reporting duties.

- Conducts claims analysis and contribution modeling.

- Serves as a Self-Funded Subject Matter Expert (SME), independently running actuarial valuations (AVs), ISL modeling and lasers, expected claims calculations, budget/accrual rates, and increments/decrements.

- Builds and delivers complex experience reporting, taking ownership of tasks previously completed by the Financial Consultant team (FCT) with FCT peer review.

- Performs advanced data mining, interpretation, and advisory services as an Infused Analytics SME, going beyond standard reporting to provide actionable insights and troubleshooting for Account Executives and clients.

- Interprets census data and evaluates it for accuracy.

- Communicates with Account Executives and Producers on status of marketing activity.

- Reviews insurance bids for compliance with specifications, identifying key differences in bids, and maintaining client databases within internal systems.

- Creates and updates templates used during the strategy and marketing process.

- Adds to and maintains client access to external online portals.

- Provides mentorship and training to Benefit Analysts and Benefit Analysts II, partnering on accounts to level-up team members’ self-funded and analytics capabilities.

- Manages and assists with client-related service issues.

- Attend carrier sales meetings, trainings, and webinars.

- Maintaining detailed knowledge of new and existing products and relaying between carriers, Account Executives & Producers.

- Communication and coordination with the carriers and internal HUB Team.

- Expert user in BenAdmin, workflow, carrier and proposal systems.

- Possesses and applies advanced knowledge of HUB internal solutions and SMEs (e.g., financial consulting practice, stop-loss panel, voluntary benefits and Rx SMEs).

- Utilizes and interprets Snapshot 360, Health Insights data, and Infused Analytics (Cedar Gate) tools, providing data mining, advisory, and troubleshooting support beyond standard reporting.

- Perform research and problem resolution of data issues using multiple systems, tools and resources.

- Maintains positive relationships both internally and externally.

- Maintain HUB Values including HIPAA and ACA Compliance.

- Ensures we’re meeting HUB turn-around times as outlined in the KPIs.

- Assist in the development and implementation of new processes and procedures.

- Functions as the analytical subject matter in strategy meetings with Account Executive and Producer.

- Collaborates with the Financial Consultant team (FCT) on infused analytics, interpretation and solutions, and strategy and presentation for complex client deliverables.

- Delegates ancillary marketing tasks to Benefit Analysts, allowing focus on strategic marketing efforts to improve outcomes for clients.

- Expected to manage a book of business with revenue of $2,000,000.00–$2,500,000.00 with an expected client count of 10–15.

Qualifications

- Bachelor's degree from college or university preferred

- Minimum six years of experience in benefit brokerage, benefit data analytics, benefits/insurance administration, or related field preferred

- An equivalent combination of education and/or relevant work experience may be substituted in lieu of minimum qualifications

- Must have experience marketing group benefits to carriers

- Experience with self-funded plans is required

- Must be a critical thinker, with strong communication, interpersonal, multi-tasking and organizational skills

- Excellent verbal and written communication skills

- The preferred candidate is a team player with a great attitude, self-motivation and the ability to work in a fast-paced environment

- Strong communication, interpersonal, multi-taskin