Employee Benefits Associate Analyst - Career Development Program
Location:
NY - New York
Apply nowJob Description:
The Employee Benefits Analyst Program provides in-depth training to prepare associates with technical expertise in financial analysis and benefit plan strategies. Throughout the training program, associates join a mentorship business group, led by industry experts, to further develop skills while increasing role specific levels of responsibility.
The program also offers organized activities for participants to meet senior executives and network with team members across business lines, as well as opportunities to get involved through our USI Gives Back campaign, , where each of the company’s more than 200 offices volunteer in local community service.
What You’ll Learn
You will be immersed in the fundamentals of employee benefit consulting including:
- The USI ONE Advantage® processes and best practices, a key differentiator between us and other brokerages
Program Overview:
Training : Hands On
Months 1-3 100%
Months 4-6 50% / 50%
Months 7-18 20% / 80%
Networking and relationship-building skills
You will assist in all aspects of benefit plan financial analysis and reporting including:
- Create financial deliverables for a mixture of business segment clients
- Utilize analytical tools, checklists, and templates to identify cost reduction opportunities
- Request, evaluate and illustrate insurance carrier renewals and new business proposals
- Prepare market review analyses, funding projections and claims utilization analyses
- Perform technical review of insurance contracts and funding arrangements
- Assist with the negotiation of premium rates and benefit features
- Write client executive summaries noting observations and findings
- Attend internal client strategy meetings
Ideal Candidate Qualifications:
You will assist in all aspects of benefit plan financial analysis and reporting including:
- Bachelor’s degree
- Strong problem solving and critical thinking skills
- Strong knowledge of Excel, building financial tables and illustrations, and working with data
- Organizational, multi-tasking, and prioritizing skills
- Ability to independently exercise time management skills and meet deadlines
- High attention to detail and accuracy
- Ability to follow policies, procedures, and regulations
- Excellent verbal, written, and interpersonal communication skills
- Ability to work effectively, as well as independently, in a team environment
- Ability to take on a high level of responsibility, initiative, and accountability
- Graduating Fall/Winter 2022 or Spring 2023
Salary Range: $55,000 - 60,000
This is a bonus eligible position.
USI is proud to offer a full-suite of benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings account, short and long-term disability, company- and employee-paid life insurance as well as other unique employer-sponsored and voluntary programs. USI also offers a generous paid time away program including paid time off (PTO), paid time for employee disability leave, paid parental leave and holiday time.
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