Employee Benefits Ancillary Analyst I
USI Insurance Services is one of the largest insurance brokerage and consulting firms in the world, dedicated to personal and professional development. The Employee Benefits Ancillary Analyst I will analyze information and create financial and marketing deliverables for ancillary coverages of smaller clients, focusing on dental, vision, life AD&D, disability, and worksite benefits. Responsibilities Responsible for ancillary financial analytics for clients that are primarily under 300 lives Prepare standard analyses with minimal customization. Analyses may include: Market review analysis Rate and contribution analysis Financial, contractual, and rate comparisons and analysis Analyze claims experience data. With guidance identify financial performance conclusions Help drive USI’s panel carrier strategy and process Manage RFP workload for less complex clients. Support senior team members Serve as primary contact with insurance carriers on new business quotes and renewals. Includes requesting quote and evaluating options With assistance develop strategic plans and solutions for less complex clients With assistance, negotiate market results with carriers With assistance develop alternative strategies, plan modeling, and cost reduction opportunities Perform technical analysis of group insurance contracts and financial arrangements Develop and maintain excellent carrier relationships Participate in the peer review process, primarily as the reviewed party Keep current on industry information, technology, and trends Skills High School Graduate Ability to work in a fast-paced environment, team environment with some instruction Ability to manage and negotiate multiple priorities and deadlines Must hold or be willing to obtain a Life & Disability insurance license within the first six months of employment Strong written, verbal, and interpersonal communication skills Working knowledge of Adobe and Microsoft Office products, including Word and Excel Strong problem solving and critical thinking skills 6 months + experience in Employee Benefits related field preferred College degree preferred, but not required Benefits Medical Wellness Dental and vision 401(k) Flexible spending and health savings accounts Short and long-term disability Life insurance Unique employer-sponsored and voluntary programs Generous paid time off policy Paid family leave benefit 12 paid holidays Bonus eligible position with a target incentive of 5% Company Overview USI Insurance Services is an insurance brokerage and consulting firm that delivers diversified insurance and financial services. It was founded in 1994, and is headquartered in Valhalla, New York, USA, with a workforce of 10001+ employees. Its website is