Financial Benefits Analyst
Job Description
The Financial Benefits Analyst supports financial analysis for clients’ group benefit programs at OneDigital. The role partners with the financial support team to create benefit and financial illustrations and to deliver client reporting and analysis for ongoing program management.
Key Responsibilities
- Drafts accurate exhibits for quarterly and annual client meetings.
- Prepares client utilization reports using different carrier reporting methods.
- Analyzes data to identify opportunities for plan design and product changes based on observed utilization patterns.
- Drafts monthly reporting deliverables for clients.
- Reviews industry benchmarks and prepares information used to demonstrate client competitiveness within the industry.
- Builds and maintains strong working relationships with carrier partners.
- Maintains accurate, current, organized, and complete market information in internal databases.
- Supports team and clients as needed with special projects.
Required Qualifications
- Ability to analyze data and recognize analytical patterns.
- Strong verbal and written communication skills.
- Ability to manage multiple, changing client priorities and deadlines.
- Excellent interpersonal skills.
- Ability to thrive in a fast-paced environment.
Education, Training, and Experience
- 2–3 years of experience.
- Bachelor’s degree required; Business, Finance, Math, Accounting, or related field preferred.
- Proficient in all Microsoft Office products, required.
- Intermediate to advanced proficiency in Microsoft Excel, required.
- Experience in the healthcare industry working for a group insurance carrier, broker, or consultant, preferred.
- Knowledge of group insurance including medical, dental, CDHP, pharmacy, life, and disability products, strongly preferred.
- Experience with database applications, a plus.
Technology
- Microsoft Office products
- Microsoft Excel
Compensation and Pay Information
Typical base pay range: USD 70,000 - 80,000 per year.
- Base pay is dependent on skills, education, qualifications, professional experience, and location.
- In addition to base pay, some roles may be eligible for variable compensation, commission, and/or an annual bonus based on individual performance and/or company performance.
Benefits
- Health
- Wellbeing
- Retirement
- Other financial benefits
- Paid time off
- Overtime pay for non-exempt employees
- Robust learning and development programs
- Reimbursement of job-related expenses per company policy
- Employee perks and discounts
Location
Los Angeles, CA (hybrid)