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Employee Benefits - Analyst (Hybrid) | Analyst in Other Job Job at NFP in New York NY | 7259326291

This listing was posted on Professional Diversity Network.

Employee Benefits - Analyst (Hybrid)

Location:
New York, NY
Description:

Who We Are NFP is a seven-time Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We're a recognized Elite Agency award winner and a leading property and casualty broker, benefits consultant, wealth manager, and retirement plan advisor. NFP provides solutions enabling client success through the expertise of over 8,000 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors and financial institutions. To learn more, please visit: https://www.NFP.com . Summary of Role This is a full-time position. The position requires day-to-day financial strategic analysis and reporting for a specific set of clients. The position includes developing financial and renewal strategies, distributing reports and deliverables, and summarizing findings. Additionally, the Financial Analyst, Level 2 will serve as a mentor and trainer to the Financial Analyst, Level 1 who is assigned to their team Essential Duties and Responsibilities Oversee the Financial Analyst, Level 1 in downloading monthly client experience reports (source documents) from insurance carriers and loading into NFP file system for assigned book of clients Complete monthly/quarterly experience reports Distribute reports to clients while summarizing findings, new trends, cost drivers Prepare additional financial analysis that may include IBNR valuations, employee contribution analysis, stop-loss sensitivity analysis, and any ad-hoc analysis Assist clients of all sizes in determining the most cost effective funding strategy Attend client meetings and perform follow up with clients/team members on action plan items to ensure timeliness and accuracy Stay up-to-date with the latest developments, trends and regulations in the employee benefits market place Build and maintain solid relationships with clients, carrier sales representatives and account managers Knowledge, Skills and/or Abilities Ability to correspond on all financial issues in a clear, concise and persuasive manner Ability to effectively establish rapport, present information and respond to questions from managers, clients and coworkers Strong Analytical Skills Ability to prioritize Excellent organizational skills Strong knowledge of the group insurance marketplace including alternative funding methods, industry trends and Healthcare Reform Working knowledge of carriers and products Strong knowledge of Microsoft Excel Less than 10% travel required Supervisory Responsibilities No direct supervisory responsibilities, however a Level 1 Financial Analyst may be assigned to their team and the Level 2 Financial Analyst is responsible for overseeing their day-to-day tasks and training. Education and/or Experience At least 1 year of related experience and/or training with a carrier, consultant or broker is required. Four year college or university degree. Finance/Statistics/Mathematics is preferred. Certificates, Licenses, Registration NYS Life, Accident and Health License required What We Offer We're proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $67,000 - $95,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. NFP and You... Better Together! NFP is an inclusive Equal Employment Opportunity employer. PDN-9b95118e-5684-41b8-be1c-20a31306e846
Company:
NFP
Industry:
Other
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