Employee Benefits Financial Analyst

Posted 17 Days Ago
2 Locations
In-Office
Junior
Insurance
The Role
Provides financial consulting support for employee benefits clients by reviewing financial reports, utilization metrics, benchmarks, claims, and demographics. Assists with renewal negotiations, plan recommendations, alternative funding options, customized reporting, client presentations, and benefit consultant meeting preparation. Requires strong Excel and analytical skills, employee benefits knowledge, confidentiality, communication, organization, and independent judgment. Must obtain and maintain a Life/Accident and Health Insurance Agent License within one year.
Summary Generated by Built In

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking an Employee Benefits Financial Analyst to join our growing team in Grand Rapids, MI or Troy, MI!


The Employee Benefits Financial Analyst provides guidance and support for the financial consulting needs of employee benefit clients. They will use technical expertise to assist clients in understanding and managing  their financial and utilization metrics.


The Financial Analyst collaborates with the Financial Consultant to review monthly financial reports, utilization metrics, and benchmarks. Supports clients in negotiating renewal proposals and offers recommendations for plan changes and alternative funding options.


How You Will Contribute: 


  • Assist in the oversight of monthly financial reports.
  • Help develop reporting requirements and customize reports as needed.
  • Support Benefit Consultants in preparing requests for meetings, including coverages and contracts.
  • Participate in prospective client finalist presentations to represent the Brown & Brown financial strategy.
  • Assist with demographic analysis, claims reviews, and other projects for prospective clients.
  • Perform miscellaneous duties and projects, including involvement in presentations at client functions and meetings.

Licenses & Certifications:

 

  • Must obtain and maintain active Life/Accident and Health Insurance Agent License within a year

 

Skills & Experience to be Successful:

  • Bachelor Degree in Accounting/Finance/Business/Economics or equivalent work experience.
  • 2+ years employee financial experience with a thorough understanding and knowledge of employee benefits
  • Proficient with MS Office Suite
  • Microsoft Excel – Strong to expert level skills
  • Strong analytical and critical thinking ability
  • Ability to maintain a high level of confidentiality
  • Excellent verbal and written communication skills
  • Ability to work independently and exercise judgement
  • Detail oriented with excellent organizational skills
  • Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements

#LI-SRJ1


Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

  • Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance  
  • Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement 
  • Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
  • Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more. 

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.


Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself  

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”. 

Skills Required

  • Bachelor's degree in Accounting, Finance, Business, Economics, or equivalent work experience
  • 2+ years of employee financial experience with thorough knowledge of employee benefits
  • Proficiency with Microsoft Office Suite
  • Strong to expert-level Microsoft Excel skills
  • Must obtain and maintain an active Life/Accident and Health Insurance Agent License within one year
  • Strong analytical and critical-thinking abilities
  • Ability to maintain confidentiality
  • Excellent verbal and written communication skills
  • Ability to work independently and exercise judgment
  • Detail orientation and excellent organizational skills
  • Proactive approach and sense of urgency in meeting client financial requirements

Brown & Brown Insurance Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Brown & Brown Insurance and has not been reviewed or approved by Brown & Brown Insurance.

  • Healthcare Strength — Healthcare offerings are broad, spanning medical/Rx, dental, vision, life, disability, and added programs alongside Lyra access with up to eight no‑cost coaching or therapy sessions for teammates and covered dependents. Breadth extends to fertility/adoption solutions, second‑opinion services, diabetes care, and Medicare advocacy.
  • Retirement Support — The 401(k) program includes an employer match up to 4% (100% of the first 3% plus 50% of the next 2%) with immediate vesting. Savings support is positioned as a core element of the total‑rewards package.
  • Equity Value & Accessibility — An Employee Stock Purchase Plan is available, and the company emphasizes an ownership mindset with a large share of teammates as shareholders. This creates accessible equity participation alongside retirement savings.

Brown & Brown Insurance Insights

Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Daytona Beach, FL
2,391 Employees
Year Founded: 1939

What We Do

Brown & Brown Insurance provides risk management solutions to help protect what our customers value most. Our four business segments offer insurance products and services to businesses and individuals. Our culture is built on integrity, innovation, superior capabilities, and discipline. We view insurance differently and use our experience, carrier relationships, and principled customer focus to deliver first-class service and solutions. Becoming a Brown & Brown teammate introduces you to a career with virtually unlimited possibilities. We think of ourselves as a team, so we have teammates—not employees. We strive to attract people who are competitive, driven, and disciplined. Our unique company culture of meritocracy rewards self-starters and those committed to doing what is best for our customers. We are proud to be certified as a Great Place to Work ®. Brown & Brown has demonstrated a Culture of Caring through dedication to the people and communities we serve. With more than 11,000 teammates in over 300 locations across the US, Canada, Ireland, the UK, Bermuda, and the Cayman Islands, we actively support numerous organizations in the local communities in which we live, work, and play. With a long-standing history of proven success, Brown & Brown is one of the insurance industry’s most powerful and influential leaders, ranked as the fifth-largest brokerage in the US and sixth in the world. You can find us on the NYSE as BRO.

Similar Jobs

The Aerospace Corporation Logo The Aerospace Corporation

Engineering Program Manager

Aerospace • Artificial Intelligence • Cloud • Machine Learning • Software • Cybersecurity • Defense
Remote or Hybrid
United States
4600 Employees

SambaSafety Logo SambaSafety

Content Marketing Manager

Insurance • Logistics • Software • Transportation • Business Intelligence
Remote or Hybrid
United States
300 Employees
100K-120K Annually

MongoDB Logo MongoDB

Creative Director

Big Data • Cloud • Software • Database
Easy Apply
Remote or Hybrid
United States
5550 Employees
0-0 Annually

The Aerospace Corporation Logo The Aerospace Corporation

Principle Incident Response Analyst

Aerospace • Artificial Intelligence • Cloud • Machine Learning • Software • Cybersecurity • Defense
Remote or Hybrid
2 Locations
4600 Employees
164K-236K Annually

Similar Companies Hiring

MassMutual India Thumbnail
Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana
Granted Thumbnail
Artificial Intelligence • Healthtech • Insurance • Mobile • Financial Services
New York, New York
23 Employees
Vega Thumbnail
Artificial Intelligence • Automotive • Insurance • Transportation
US
65 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account