Senior Insurance Employee Benefits Analyst

Woodruff-Sawyer & Co., Inc.
$75,750 - $126,250
life insurance, flexible benefit account, sick time, 401(k), retirement plan, profit sharing
United States, Washington, Bellevue
Oct 28, 2024
Who We Are Woodruff Sawyer has been an industry leader for over 100 years. As a top insurance brokerage, our clients range from small start-ups to some of the most innovative companies in the world. Here, your unique expertise and perspective helps move companies ahead and your career forward. We believe in supporting the whole lives and careers of our employees. That's why, through excellent benefits and opportunities, and a genuinely inclusive and collaborative environment, we create the space for you and your career to flourish. As an employee-owned company, we build toward the next decade, not just the next quarter. Our independence means you answer to great ideas and client success, not short-term profits, while our ESOP program allows you to build long-term wealth and ownership in the company. At Woodruff Sawyer, you own your future. How We Work We are excited to offer a hybrid workplace that we believe is a win for our people, for our business, and for our clients. Our policy has been carefully and thoughtfully designed to combine the benefits of collaborating, learning and mentoring, and bonding with our teams in-person while enjoying the flexibility of working remotely up to 3 days a week. All roles are hybrid unless otherwise indicated on the job post. Find our office locations here. About the Role As a Senior Benefits Analyst in the Data Analytics department at Woodruff Sawyer, you will closely partner with our sales teams, service teams, clients, and vendor partners to support data analytics modeling, marketing and analytics output, client management, data management, and ad-hoc project-based work. What You'll Do Mentor other Benefits Analysts and junior colleagues in Data Analytics. Lead marketing and renewal activity for sophisticated, fully insured, level-funded, and self-insured clients. Direct marketing activities to ensure service model timetables are met. Interpret marketing strategy and develop RFPs to meet objectives. Execute marketing instructions and requests to carriers. Develop and maintain key relationships critical to the sales process and negotiate with carrier contacts to seek competitive client options. Direct carriers throughout the sales process. Analyze proposals for compliance and desired provisions that will meet our clients' needs. Illustrate options and provide recommendations to Account Managers and Account Executives. Log and review proposals and load essential data into templates. Evaluate and compare benefit plans and market trend data to develop specific recommendations to best support clients' overall benefit strategy. Review and compare cost information to meet common goals and deliver high-quality products and services to clients. Manage fully insured and self-insured financial monitoring processes, along with other Benefits Analysts, for the Data Analytics department Assist with building ad-hoc templates, processes, and direction for the Data Analytics department. Manage data delivery process with Data Analytics utilization platforms. Establish key contacts and progression of data reporting and exchange capabilities. Perform underwriting claim and risk projections and complete all necessary analytic processes. Present and educate client benefit renewals, risk profiles, and any relevant client data. Identify and recommend innovative solutions for complex, self-insured clients. Take charge of marketing and renewal activity for both fully insured and self-insured clients. This job is for you if... You are proficient in working with internal and external C-Suite leaders. You have working and applicable knowledge of all funding platforms, including fully insured, self-insured, and alternative funding. You possess above-average proficiency in Microsoft Office software and other company and discipline-specific software applications. You have superb organizational and time management skills. You possess superior presentation skills. You have excellent math skills. Experience & Qualifications Bachelor's degree or equivalent experience is required. 5-7+ years of experience or more preferred. Ability to take initiative, problem-solve, multi-task, and work well under pressure. Effective communication skills, both written and verbal, for interacting with clients, colleagues, and vendors are required. Ability to work and succeed in a team environment. More About Us Compensation: Anticipated salary between $75,750 - $126,250. Salary offered will be dependent upon geography, experience, and expertise of the candidate. This position is eligible to participate in an incentive program to earn additional compensation with a target equivalent to 8% of salary annually, based on individual and Company performance. #LI-HYBRID Our Benefits Include Medical, Dental, and Vision coverage 401k Retirement Plan with company match Ownership in the company through our ESOP (Employee Stock Ownership Program) and profit sharing Paid vacation, holidays, and sick days Life Insurance, Short-term, and Long-Term Disability benefits Flexible Spending Account (FSA) Wellness programs and workplace flexibility benefits Professional development and reimbursement programs Added perks like discounted event tickets, pet insurance, financial coaching, identity theft protection, milk stork, etc. Compensation and Benefits are what Woodruff Sawyer in good faith believes are accurate for this role at the time of this posting. Woodruff Sawyer is an Equal Opportunity Employer. Our Equal Employment Policy incorporates our commitment to maintain an environment free of discrimination and to comply with all federal, state and local laws providing equal employment opportunities. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.