Only 24h Left Group Benefits Underwriting Consultant
3 weeks ago
Group Benefits Underwriting Consultant – Reporting & Analytics
We're seeking a results-driven professional with a passion for delivering technical excellence in group benefits.
The ideal candidate will possess a deep understanding of group benefits products and their complexities, as well as exceptional analytical and communication skills.
Key Responsibilities:
- Expertise in Group Benefits: Possess a deep understanding of group benefits products and their complexities.
- Renewal Management: Oversee all aspects of group benefits renewals, including analyzing insurer proposals and negotiating optimal outcomes for clients.
- Marketing Oversight: Manage marketing processes by preparing specifications, addressing market queries, and summarizing and comparing quotes.
- Financial Reconciliation: Validate the accuracy of refund-accounted or ASO financial reconciliations provided by insurers where applicable.
- Comprehensive Reporting: Draft detailed reports for renewals, marketing, or financial reconciliations, providing tailored analysis, insights, and recommendations.
- Budgeting Support: Calculate projected renewal ratings and offer detailed justifications to assist clients in budgeting effectively.
- Client-Centric Analysis: Review client-specific experience data and prepare actionable insights as guided by the Consultant.
- Plan Design Financials: Develop pricing for plan design changes and illustrate their financial implications to clients.
- Benchmarking & Risk Assessment: Conduct benchmarking to recommend plan improvements and identify potential risks for clients.
Qualifications & Requirements:
- Experience: Minimum 7 years in a Group Benefits consulting environment or as a Group Benefits Underwriter in a technical role.
- Technical Proficiency: In-depth knowledge of underwriting and funding arrangements.
- Analytical Skills: Strong numerical and analytical capabilities.
- Communication Excellence: Exceptional verbal and written communication skills.
- Time Management: Ability to prioritize tasks and manage multiple responsibilities efficiently.
- Independence: Capable of working autonomously while meeting deadlines.
- Education: University or College degree.
- Professional Development: Interest in pursuing the Certified Employee Benefit Specialist (CEBS) designation.
- Technical Skills: Proficiency in Microsoft Word, Excel, and PowerPoint.
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