Employee Benefits Ancillary Analyst III
Location:
OH - Cincinnati
Apply nowGeneral Description: Responsible for analyzing information and creating financial and marketing deliverables for the ancillary coverages of larger clients. Focus is on dental, vision, life AD&D, disability, and worksite.
Responsibilities:
• Responsible for ancillary financial analytics for clients primarily over 500 lives.
• Prepare analyses with some customization. Analyses may include:
• Market review analysis
• Rate and contribution analysis
• Financial, contractual, and rate comparisons and analysis
• Claims utilization
• Manage RFP workload for complex clients.
• Serve as primary contact with insurance carriers on new business quotes and renewals. Includes requesting quotes and evaluating proposals.
• Provide expert ancillary carrier and product knowledge to internal service team members and producers.
• Perform technical analysis of group insurance contracts and financial arrangements.
• Develop alternative strategies, plan modeling, and cost reduction opportunities. Develop strategic plans for clients.
• Write client-facing Executive Summaries providing observations, conclusions, and recommendations.
• Negotiate market results with carriers in collaboration with service team.
• Drive USI’s panel carrier strategy.
• Attend regional financial and client meetings when needed.
• Assist with oversight of incoming Ancillary work requests and assign work to support team.
• Participate in the peer review process, primarily as a reviewer. Mentor analysts via their reviewed work.
• Provide guidance and mentorship to less-senior members of the analyst team. Support new hire onboarding and team training.
• Assist with development of team standards and process. Provide feedback on team members’ performance.
• Develop and maintain excellent carrier relationships.
• Keep current on industry information, technology, and trends.
Knowledge, Skills and Abilities:
• 5 years + experience in Ancillary Employee Benefits with experience in dental, vision, life, disability, and worksite.
• College degree preferred.
• Must hold or be willing to obtain a Life & Disability license.
• Working knowledge of Adobe and Microsoft Office products, including Word and Excel. Strong abilities with PivotTables and analysis of larger data sets.
• Ability to manage and negotiate multiple priorities and deadlines.
• Comfortable in a fast-paced, team environment with minimal instruction.
• Strong written, verbal, and interpersonal communication skills.
• Strong problem solving and critical thinking skills.
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Why USI?
With more than $2.7 billion in revenue and over 10,000 associates across approximately 200 offices nationwide, USI is one of the largest insurance brokerage and consulting firms in the world. At USI, we have created one of the most dynamic personal and professional development cultures in the industry. We invest heavily in our associates, and we take pride in celebrating their growth and success through our one-of-a-kind employee reward and recognition programs.
Unrivaled Resources and Support
What truly distinguishes USI as a premier insurance brokerage and consulting firm is the USI ONE Advantage®, a game-changing value proposition that delivers to clients a robust set of risk management and benefit solutions with bottom-line financial impact. USI ONE® represents Omni, Network, Enterprise—the three key elements that set USI apart from the competition. Through USI ONE, we develop strategic, timely, and effective risk management and benefit programs in terms that are easy to understand, and we demonstrate how the solutions can have a positive economic impact.
Industry-Leading Programs, 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. USI offers employee programs that recognize outstanding achievement and help our associates lead healthy, productive lives. We turn care into action with our award-winning wellness program, college scholarships for associates' children, and financial help in times of need.
Deep Community Engagement
We are committed to giving back to our local communities and supporting a culture of environmental sustainability. From sharing our time, talent, and resources to support local non-profit organizations, animal shelters, and environmental beautification and restoration projects – to partnering with eco-conscious vendors and taking steps to reduce our own environmental footprint – we’re working together as ONE to build a better future.
Committed to a Diverse, Equitable, and Inclusive Workplace
Our award-winning I’m With U diversity, equity, and inclusion program educates our associates to help them better understand and serve our clients, prospects, fellow team members, and local communities through curated education and training resources, employee support programs, and community outreach initiatives to build a more diverse, equitable, and inclusive culture.
Nationally Recognized as a Top Insurance Employer
- Recognized as one of Insurance Business America’s Top Insurance Employers for the seventh consecutive year (2018-2024).
- Named to Business Insurance’s annual list of the Best Places to Work in Insurance five years in a row (2020-2024).
- Named to Fortune’s 2024 Best Workplaces in Financial Services & Insurance list.
- Honored by Glassdoor as a Best-Led Company in the U.S. in 2024.
- Recognized by Newsweek as one of America’s Greatest Workplaces for Diversity in 2024
Visit our Awards and Accolades page for a complete list of our latest industry awards and recognitions!
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 paid holiday time.
Job ID:
29986