The Employee Benefits Financial Analyst will handle a diverse range of analytical responsibilities in support of Senior Analysts, Consulting Actuary and client teams.

JOB RESPONSIBILITIES:

• Learn online reporting systems of all carriers. Serve as subject matter expert for carrier online reporting systems.
• Retrieve monthly reporting information from carriers' online reporting systems for self-funded accounts.
• Organize and file monthly reporting information for self-funded accounts.
• Work with Senior Analysts, Consulting Actuary and client teams in creating client-specific structures for monthly and quarterly financial reports.
• Work with Senior Analysts, Consulting Actuary and client teams to establish and meet deadlines for delivery of monthly and quarterly financial reports to clients.
• Underwrite renewals and prepare renewal and budget reports for assigned accounts.
• Develop basic health insurance underwriting knowledge and abilities with assistance from Senior Analysts and Consulting Actuary.
• Learn how to use and apply all internal underwriting and data analysis tools.
• Assist Senior Analysts and Client Leads with review of fully insured and self-funded quotes, and with renewal projections, both midyear and year-end, for self-funded groups.
• Become adept at using Lockton benchmarking online tools and in finding and using external surveys.
• Assist Senior Analysts, Consulting Actuary and client teams with proposal evaluation for fully insured and self-funded groups.
• Understand the products and services of major health insurance plans, third party administrators, stop-loss carriers, and other vendors.
• Develop basic knowledge of non-medical lines of coverage, i.e., life, disability, dental, vision, long-term care, etc.
• Provide client support in meetings when needed.
• Perform special projects as necessary.
• Make a positive contribution to customer satisfaction and constantly strive to improve service to the customer.
• Communicate in a positive manner to contribute to a cohesive, pleasant work environment.
• Protect the confidentiality of information learned by performing the duties of the position.
• Attend position related seminars/classes as required.

REQUIREMENTS:

• Bachelor's degree in mathematics, statistics or a business-related program or equivalent education and/or experience, with an emphasis in math, statistics, or finance required.
• Must have the ability to compile, analyze, present, and interpret financial and statistical information to facilitate decision making.
• High skill in using computer application software for financial modeling, statistical analysis, and spreadsheet calculations required.
• Organizational and time management skills to prioritize workloads to meet time sensitive deadlines required. Must be results-oriented with the ability to change priorities as needed.
• Must have above-average verbal, written, and interpersonal skills to interact with associates at all levels of responsibility, along with the ability to communicate with tact and diplomacy.
• Willingness and ability to expand knowledge and effectiveness in the benefits industry by successful completion of benefits-related courses required.
• Must have the ability to work independently with minimal supervision

Lockton is the world's largest privately owned, independent insurance broker and consultant. As a global professional services firm, we specialize in risk management, employee benefits and retirement services. During the past 50- plus years, Lockton has built its reputation and culture by providing excellent service to our three key stakeholders: clients, Associates and communities.