Benefits Analyst - Employee Benefits

Reposted 3 Days Ago
Be an Early Applicant
Chicago, IL, USA
In-Office
70K-85K Annually
Junior
Insurance
The Role
Supports mid-market employee benefits accounts by developing renewal and bid strategies, analyzing plan designs and costs, preparing RFQs and RFPs, evaluating carrier proposals, negotiating rates and products, and producing client-facing cost-benefit analyses. Provides technical expertise, maintains accurate agency management system data, supports client retention and new business efforts, and collaborates with producers, client teams, and insurance carriers.
Summary Generated by Built In

At Alliant Insurance Services, we thrive on creating employee benefits solutions built on the idea that health makes growth possible. As top tier professionals dedicated to solving our clients' health and welfare insurance challenges, Alliant team members deliver an unrivaled depth of service, and our unique approach enables us to help clients stay resilient and turn change into opportunity. This position is a chance to join a dynamic, expanding company with prospects for individual and career growth.

As one of the 5 largest insurance brokerage firms in the U.S., Alliant provides property and casualty, workers' compensation, employee benefits, surety, and financial products and services to clients nationwide.
More information is available at www.alliant.com.

Hybrid work schedule: In-office requirement.

 

SUMMARY 

 

Responsible for providing customer service and supporting Producers by servicing existing accounts and soliciting new business. Independent responsibility for servicing and retention of assigned customers and policies in mid-market accounts.

 

 

ESSENTIAL DUTIES AND RESPONSIBILITIES  

 

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

 

Provides detailed plan design and cost information to service team;

 

Works with client or prospective client to identify and evaluate the client’s specific characteristics including; benefit needs, design, group demographics and employee census;  may assist with benchmarking and trend analysis;

 

Gathers information and provides analysis and recommendations to client’s 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, to include employee census, current/renewal plan design/rate information, and historical claims experience data;

 

Collaborates with client team to select employee benefit markets for solicitation and 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 or products for clients and prospective clients;

 

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

 

Produces cost/benefit analysis for inclusion in proposal to be presented to clients;

 

Complies with agency management system data standards and data integrity (enters and maintains complete and accurate information);

 

Other duties as assigned.

 

 

QUALIFICATIONS 

EDUCATION / EXPERIENCE 

 

Bachelor's Degree or equivalent combination of education and experience 

 

Two (2) or more years of related work experience

 

Encouraged to complete Career Path requirements as communicated by Supervisor

 

Valid Insurance License

 

Must continue to meet Continuing Education requirements for license renewal

  

 

SKILLS

 

Proficient in Microsoft Office Suite

 

Good verbal and written communication skills

 

Good customer service skills, including telephone and listening skills

 

Good problem solving and time management skills

 

Intermediate typing skills (30-35 wpm)

 

Ability to work within a team and to foster teamwork

 

Ability to prioritize work for multiple projects and deadlines

 

 

 

#LI-MH1

 

We are proud to provide comprehensive, high quality employee programs to meet employees' needs now and in the future, including a very competitive financial package. We encourage you to explore what we have to offer.
For immediate consideration for this position, please click on the "Apply" button.
Alliant Insurance Services, Inc. is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment based on their qualifications and ability without regard to race, color, religion, sex (including pregnancy, childbirth, breastfeeding, sexual orientation, and gender identity), national origin, ancestry, physical or mental disability, medical condition, marital status, age, genetic information, or status as a protected veteran, in accordance with applicable federal, state, and local laws, including California law.

Applicants are protected under Federal law from discrimination. If you need an accommodation to complete the application process or would like to review these materials in an alternative format, please reach out to [email protected]
For more information on Alliant Insurance Service's benefits, please visit www.alliant.com/about/careers/benefits

Skills Required

  • Bachelor's degree or equivalent combination of education and experience
  • Two or more years of related work experience
  • Valid insurance license
  • Maintain continuing education requirements for license renewal
  • Proficiency in Microsoft Office Suite
  • Good verbal and written communication skills
  • Customer service skills, including telephone and listening skills
  • Problem-solving and time-management skills
  • Intermediate typing speed of 30–35 words per minute
  • Ability to work within a team and foster teamwork
  • Ability to prioritize work across multiple projects and deadlines
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The Company
HQ: Irvine, CA
4,047 Employees
Year Founded: 1925

What We Do

Alliant Insurance Services is among the largest and fastest-growing insurance brokerage and consulting firms in the United States. Fueled by entrepreneurialism and driven by results, Alliant operates on the belief that more is possible and expectations are meant to be exceeded. Our clients and partners have profound confidence in us to deliver in all market climates through the design and delivery of innovative solutions and services across a broad range of industry verticals. Our people stand as the backbone of our organization. We proudly employ a team of diverse, driven, and exceptional people and invest heavily in their success, giving our brokerage and consulting teams the freedom and resources they need to help their clients grow their businesses to remarkable heights. The result is a dynamic team of professionals who consistently perform at the highest level, while caring and giving back to causes that impact their communities and the world at large. Alliant is built on teamwork and collaboration, a philosophy that has guided our growth and evolution for almost 100 years. We rise together to meet challenges, think together to drive innovation, and thrive together in our business and in the diverse communities where we operate.

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