Insurance Employee Benefits Analyst

Woodruff-Sawyer & Co., Inc.
$57,000 - $95,000
life insurance, flexible benefit account, sick time, 401(k), retirement plan, profit sharing
United States, Washington, Bellevue
Nov 06, 2024
Who We Are Woodruff Sawyer has been an industry leader for over 100 years. As a top insurance brokerage, our clients range from small start-ups to some of the most innovative companies in the world. Here, your unique expertise and perspective helps move companies ahead and your career forward. We believe in supporting the whole lives and careers of our employees. That's why, through excellent benefits and opportunities, and a genuinely inclusive and collaborative environment, we create the space for you and your career to flourish. As an employee-owned company, we build toward the next decade, not just the next quarter. Our independence means you answer to great ideas and client success, not short-term profits, while our ESOP program allows you to build long-term wealth and ownership in the company. At Woodruff Sawyer, you own your future. How We Work We are excited to offer a hybrid workplace that we believe is a win for our people, for our business, and for our clients. Our policy has been carefully and thoughtfully designed to combine the benefits of collaborating, learning and mentoring, and bonding with our teams in-person while enjoying the flexibility of working remotely up to 3 days a week. All roles are hybrid unless otherwise indicated on the job post. Find our office locations here. About the Role As a Benefits Analyst in the Data Analytics department at Woodruff Sawyer, you will play a pivotal role in supporting our sales teams, service teams, clients, and vendor partners. You will be responsible for various tasks including Data Analytics modeling, marketing and analytics output, client management, data management, and ad-hoc project-based work. What You'll Do Take charge of marketing and renewal activity for both fully insured and self-insured clients. Collaborate with Account teams to develop client strategies, set marketing and renewal objectives, and assess risk to present strategic options. Direct marketing activities to ensure timely completion of service model timetables. Interpret marketing strategy and develop Request for Proposal (RFP) to meet objectives. Carry out marketing instructions and respond to requests from carriers. Develop and maintain key relationships critical to the sales process and negotiate with carrier contacts to seek competitive options for clients. Analyze proposals for compliance and desired provisions that meet clients' needs. Provide illustrations of options and recommendations to Account Managers and Account Executives. Evaluate and compare benefit plans, costs, and market trend data to develop specific recommendations for clients' overall benefit strategy. Manage fully insured and self-insured financial, utilization, and claims monitoring reports development and delivery. Participate in peer review process to ensure accuracy and quality of renewal documents and presentations before client receives information. This job is for you if... You have proficiency with office software such as Microsoft Office Word, Excel, and PowerPoint. You excel in a dynamic work setting and have proven skills in managing various tasks and requirements while working closely with both internal and external partners. You possess superb organizational and time management skills. You can take initiative, problem-solve, multitask, and work well under pressure. You have effective communication skills, both written and verbal, for interactions with clients, colleagues, and vendors. Experience & Qualifications Bachelor's degree or equivalent experience is required. Preferred experience in the insurance industry or insurance broker industry. Project Management experience is a plus. 1-4 years of experience working directly with employee benefit analysis. More About Us Compensation: Anticipated salary between $57,000 - $95,000. Salary offered will be dependent upon geography, experience, and expertise of the candidate. This position is eligible to participate in an incentive program to earn additional compensation with a target equivalent to 8% of salary annually, based on individual and Company performance. #LI-HYBRID Our Benefits Include Medical, Dental, and Vision coverage 401k Retirement Plan with company match Ownership in the company through our ESOP (Employee Stock Ownership Program) and profit sharing Paid vacation, holidays, and sick days Life Insurance, Short-term, and Long-Term Disability benefits Flexible Spending Account (FSA) Wellness programs and workplace flexibility benefits Professional development and reimbursement programs Added perks like discounted event tickets, pet insurance, financial coaching, identity theft protection, milk stork, etc. Compensation and Benefits are what Woodruff Sawyer in good faith believes are accurate for this role at the time of this posting. Woodruff Sawyer is an Equal Opportunity Employer. Our Equal Employment Policy incorporates our commitment to maintain an environment free of discrimination and to comply with all federal, state and local laws providing equal employment opportunities. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.