Financial & Underwriting Analyst

Reposted 12 Hours Ago
Be an Early Applicant
3 Locations
In-Office
70K-75K Annually
Junior
Insurance
The Role
Provides financial and analytical support for employee benefits consulting projects. Responsibilities include claims utilization reporting, reserve calculations, plan design modeling, renewal pricing, RFP analysis, compliance ordinance tracking, benchmarking, trend analysis, and maintaining accurate client data. The role also provides technical support to team members and requires strong communication, organization, problem-solving, Excel, insurance licensing, and continuing education.
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.

 

SUMMARY

Responsible for providing the Consulting Team with financial and analytic support on client projects, including, but not limited to, updating claims experience reports and reserve calculations, modeling plan design alternatives, summarizing RFP responses and maintaining state and municipality ordinances

 

ESSENTIAL DUTIES AND RESPONSIBILITIES  

Prepares monthly, quarterly and annual claims utilization versus budget reports;

Provides support for development of reserve calculations for self-funded health plans;

Supports clients’ health and welfare renewal process by inputting enrollment information, carrier renewals, pricing of benefit changes, and organizing financial data for presentations to clients;

Provides support for marketing proposals by requesting RFPs, verifying benefits, premium rates and market competitiveness;

Assists clients with maintaining compliance with state and municipality ordinances;

Assists with benchmarking and trend analysis as needed;

Serves as technical support, assisting other team members to resolve financial issues;

Engages in optimal and appropriate usage of applicable software programs;

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

Must continue to meet Continuing Education requirements for license renewal

Encouraged to complete Career Path requirements as communicated by supervisor

Valid Insurance License within 120 Days

 

SKILLS

Excellent verbal and written communications skills

Good leadership, problem solving and time management skills

Good planning, organizational and prioritization skills

Ability and motivation to work independently

Proficient in Microsoft Office products, particularly in Excel

 

#LI-CD1

 

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
  • Continuing education requirements for license renewal
  • Valid insurance license within 120 days
  • Excellent verbal and written communication skills
  • Leadership, problem-solving, and time-management skills
  • Planning, organizational, and prioritization skills
  • Ability and motivation to work independently
  • Proficiency with Microsoft Office, particularly Excel
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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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