Benefits Analyst

My client is an independent employee benefits consulting and actuarial services firm, serving as a trusted advisor to multiemployer and other retirement and health plans. They help bring high-quality benefits to working people by designing, implementing, evaluating, and communicating innovative and cost-effective benefit programs.

Location: This position will be in Seattle, WA or Southern California

Responsibilities:

• Review health plan statistical, financial, and other specialized reports.
• Prepare periodic client reports on plan operations and performance.
• Calculate projected plan costs for self-insured coverages, including medical, dental, prescription drug, and vision benefits.
• Calculate COBRA rates and other self-payment rates.
• Determine projected cost savings or costs of benefit or eligibility modifications.
• Coordinate receipt and review of insurance and service provider renewals.
• Prepare and review Requests for Proposals.
• Draft and review plan comparisons, participant notices, Summary Plan Descriptions, Plan Documents, and amendments.
• Assist in compliance and regulatory reporting requirements.
• Collaborate with other analysts to develop and improve data and project management capabilities.
• Provide administrative assistance to clients and internal staff.
• Communicate effectively with external clients and across departments.

Education and Experience:

• Bachelor's degree in Math, Actuarial Science, Economics, Business, or a similar field, or equivalent work experience.
• Minimum of three years of experience in a similar role or industry.
• Experience in the healthcare industry with an insurance company or employee benefits consulting firm.