Employee Benefits Associate Analyst - Career Development Program
Location:
WA - Seattle
Apply nowUSI is one of the largest insurance brokerage and consulting firms in the world. Something special is happening here with our more than 9,000 associates across the U.S. and abroad – and we invite you to learn more.
Unrivaled Resources and Support
The USI ONE Advantage® allows USI to deliver unique solutions to our clients. This value proposition provides unmatched growth and opportunity for our associates and, at its core, represents a significant investment in our people.
Unique Employee Programs and Deep Community Engagement
We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need. Our annual community service initiative engages associates in hands-on regional service projects helping hundreds of thousands of people each year.
Industry-Leading Associate Rewards and Recognition
In addition to competitive pay, incentives, and benefits, USI recognizes associates through our Summit Awards program, rewarding excellence in those who build our brand each day.
Committed to a Diverse and Inclusive Work Environment
USI values diversity and is dedicated to ensuring a fair, diverse, and inclusive work environment for all. Our diversity and inclusion program, "I'm With U," advances these initiatives to champion our team members and the communities we serve.
Nationally Recognized as a Top Insurance Workplace
USI has been recognized as one of:
- The Top Insurance Employers by Insurance Business America five years in a row (2018-2022).
- Business Insurance's 2021 list of Best Places to Work in Insurance for the second year in a row.
- Forbes Best Large Employers in America (2018-2019).
- Ranked as one of Forbes Best Large Employers in America (2018-2019).
Job 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
USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as 12 paid holidays.
Salary Range: $65,000
This is a Paid Time Off/Paid Sick Leave eligible position. 18 days per year.
This is a bonus eligible position with a target incentive of 5%
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