Financial Coordinator, Employee Benefits

Posted 20 Days Ago
Chicago, IL, USA
In-Office
60K-65K Annually
Entry level
Insurance
The Role
Supports employee benefits financial management by maintaining client plan cost data, preparing periodic financial reports, benchmarking benefit costs, assisting with renewals and client budgets, evaluating vendor proposals, resolving reporting issues, and researching health and welfare benefits strategies. The role also develops relationships with clients, vendors, and internal teams while contributing to benefit plan competitiveness and organizational improvement.
Summary Generated by Built In

About HUB
In a rapidly changing world, HUB advises businesses and individuals on how to prepare for the unexpected. As one of the world’s largest insurance brokers, our focus is dedicated to providing our customers with the peace of mind that what matters most will be protected — through unrelenting advocacy and tailored insurance solutions that put our clients in control. Our growing team of professionals across North America represents a broad, deep and one-of-a kind aggregation of entrepreneurs and leaders recognized for their excellence throughout the insurance community.

Why Choose HUB?
Throughout our network of more than 700 HUB offices in North America, we offer a competitive, exciting and friendly work environment that strategically positions our employees for longevity and success. At HUB, we believe in investing in the future of our employees, and provide continuous opportunities for growth and development . Our entrepreneurial culture fosters an environment that empowers our people to make the best decisions for our customers and organization, focusing on expanding the industry knowledge of our insurance professionals to better serve our valued clients. We are committed to providing you with competitive and flexible benefits options that are rooted in your current needs, yet evolves as your needs change over time. Join us in taking the first step toward creating a future that combines a diverse, challenging work environment with financial security and career satisfaction.

We are the perfect fit if you:
· are seeking a progressive work environment at a rapidly growing organization
· have a desire to help others protect their future
· have an entrepreneurial spirit and are challenged by the opportunity to grow the business
· are focused on learning and development to enhance your industry knowledge and expertise
· are a self-starter willing to invest time and energy to learn the technical aspects of our business
· believe in integrity and building success by developing relationships with others

In this role, you will:
• Assist with maintaining the HUB financial database for regular tracking of client plan costs
• Responsible for the development of monthly, quarterly, and year-end financial reporting
• Create summaries that benchmark existing benefit plan provisions and costs to marketplace standards and recommend changes for benefit competitiveness
• Assist with the evaluation and negotiation of fully-insured and self-funded renewals for selected book of business Help with initial creation of client medical, prescription drug, dental, vision, and life and disability budgets
• Respond timely to emails, messages, and other requests
• Conduct vendor calls to escalate and resolve client reporting issues
• Attend and actively participate in internal meetings for the
• Financial Management Group Support the process for evaluating proposals in the vendor procurement process
• Stay abreast of current health and welfare benefit strategies by researching marketplace tendencies and initiating/participating in vendor discussions
• Develop and maintain mutually beneficial working relationships with colleagues and vendors Work towards the overall improvement of the organization

What you offer us:
• Bachelor’s degree from four-year college or university
• Internship experience is preferred but not required
• Financial and analytical skills are required
• Interest in health care and consulting very beneficial

The expected salary range for this position is $60,000.00 to $65,000.00 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HAS and 401(k) accounts, paid-time-off benefits such as vacation, sick, personal, floating holidays and company holidays. In addition, eligible annual bonuses, equity and commissions may be available for some positions.

Department Account Management & Service

Required Experience: Less than 1 year of relevant experience

Required Travel: Negligible

Required Education: Bachelor's degree (4-year degree)

Equal Employment Opportunity: HUB International Limited is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veteran status, or any other characteristic protected by applicable federal, state, or local law.


Reasonable Accommodations: HUB International Limited is committed to providing reasonable accommodations to qualified individuals with disabilities throughout the application and hiring process. If you need a reasonable accommodation to access our career site, complete an application, or participate in any part of the hiring process, please contact the Recruiting Team at [email protected]. This contact information is for accommodation requests only and should not be used to inquire about the status of an application.


E-Verify: HUB International Limited participates in E-Verify. Please refer to Our Recruiting Process | Applicant Notices: E-Verify Program for additional information.

Skills Required

  • Bachelor's degree from a four-year college or university
  • Less than one year of relevant experience
  • Financial skills
  • Analytical skills
  • Internship experience
  • Interest in health care and consulting

HUB International Compensation & Benefits Highlights

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

  • Flexible Benefits — Flexible spending accounts and pre-tax commuter programs are available, alongside a broad menu of voluntary options such as legal plans, accident coverage, and group auto/home insurance.
  • Healthcare Strength — Health, dental, and vision coverage are offered with multiple medical plan options, complemented by life and disability coverage and a dedicated wellbeing program with activities and tools.
  • Retirement Support — A retirement savings plan is provided with a discretionary company match and access to financial planning assistance tools.

HUB International Insights

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The Company
HQ: Chicago, IL
10,055 Employees
Year Founded: 1998

What We Do

Hi, we’re HUB. We advise businesses and individuals on how to reach their goals. When you partner with us, you’re at the center of a vast network of risk, insurance, employee benefits, retirement and wealth management specialists that bring clarity to a changing world with tailored solutions and unrelenting advocacy. So you’re ready for tomorrow. About Hub International Headquartered in Chicago, Illinois, Hub International Limited (Hub) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

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