Benefits Analyst

Location : Oak Brook, IL

Job Type : Direct

Hours : Full Time

Required Years of Experience : 1-2

Required Education : Bachelor�s Degree or equivalent preferred

Travel : No

Relocation : No

Job Description :

Responsible for providing customer service and supporting producers by servicing existing accounts and soliciting new business. Independent responsibility for servicing and retaining assigned customers and policies; mid-market accounts.

Works with client team to determine bid and renewal strategy for mid-market accounts;

Provides detailed plan design and cost information to service team;

Works with client or prospective client to identify and evaluate the client’s needs

Determine benefits needs, plan design, group demographics and employee census

Assists with benchmarking and trend analysis;

Gathers information and provides analysis and recommendations to existing coverage

Requests census and RFQs from client, primarily for ancillary coverages;

Processes RFQs received from clients;

Prepares RFPs for client renewal or prospective groups

Handle employee census, renewal plan design, rate information, and claims data

Collaborates with client team to select employee benefit markets

Negotiates with incumbent and bidding carriers for benefit and premium considerations’

Analyzes market proposals for verification of benefits, premium and competitiveness;

Negotiates with incumbent and bidding carriers to ensure most competitive rates

Serves as a technical expert, assisting other team members to resolve complex issues;

Produces cost / benefit analysis for inclusion in client presentations;

Engages in optimal and appropriate usage of applicable agency management systems;

Other duties as assigned.

Required Qualifications :

Good oral and written communication skills

Good customer service skills, including telephone and listening skills

Good problem solving and time management skills

Ability to work within team and to foster teamwork

Ability to prioritize work for multiple projects and deadlines

Proficient in Microsoft Office Suite

Comprehensive, high quality employee programs to meet employees’ needs

Competitive financial package.