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Senior Benefits Analyst

Company: World Insurance Associates LLC
Location: Syosset
Posted on: June 22, 2022

Job Description:

SummaryWorld Insurance Associates is a unique insurance organization offering top products and services from major providers, combined with attentive service from local agents.Founded in 2011, World is the second fastest-growing insurance broker in the U.S. We specialize in personal and commercial insurance lines, surety and bonding, employee benefits, financial and retirement services, and human capital management solutions.Position OverviewThe responsibilities for this role will be financial review of insurance terms, conditions, and market competitiveness. The role also includes the preparation of all Requests for Proposals from the marketplace as well as renewal evaluations for assigned clients. The role will report to the Assistant Vice President Underwriting and predominately focus on client management support and new business financial evaluations.Primary Responsibilities

  • Responsible for the preparation of the RFPs, collection of the marketing responses and formulating the marketing results
  • Supporting of the Designing, distributing, and evaluating responses to surveys and RFPs
  • Work closely with senior underwriting management to support the RFP/renewal marketing process
  • Collaborate with the carriers to obtain data points for the monthly financial reporting packages including detailed premium, claims, membership, commission, and cash reconciliation information
  • Responsible for the preparation of monthly billing invoice for self-billed clients and tracking payments
  • Support the Account Management team to develop payroll report, invoice, billing preparation, and any other ad-hoc report as needed
  • Strong communication skills and ability to translate financial concepts into customer friendly format
  • Proven ability to manage multiple projects simultaneously and produce quality deliverables on time
  • Other duties as assigned. Qualifications
    • Bachelor's degree required
    • Minimum of 3 years' experience in medical underwriting at major insurance carrier/ or benefit consultant/brokerage
    • Life and Health License Preferred
    • Proficiency in Microsoft Office products including Power Point and Excel
    • Excellent verbal and written communication skills
    • Highly Detail oriented, excellent planning, organizational and prioritization skills
    • Strong problem solving and time management skills
    • Ability to work independently
    • Ability to use prudent judgment and discretion in handling confidential client information

Keywords: World Insurance Associates LLC, New Rochelle , Senior Benefits Analyst, Professions , Syosset, New York

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