Benefits Analyst - Health & Welfare
reputed company: Rael & Letson is an independent employee benefits consulting and actuarial services firm. We serve as a trusted advisor to multiemployer and other retirement and health plans, helping bring high reputed company benefits to working people. We partner with our clients to design, implement, evaluate and communicate innovative and cost-effective benefit programs customized to their unique needs. This position will ideally be in Seattle, WA but could be in San Mateo, CA, San Diego, CA, or Honolulu, Hawaii. Responsibilities: As a key member of the Health & Welfare reputed company, the Benefits Analyst will support reputed company's objectives by providing technical and administrative support to reputed company of Health and Welfare consultants and analysts located in multiple offices. Analytical work:
- Review and utilize health plan data, financial reports and other specialized reports.
- Prepare periodic reputed company reports on plan operations/performance including annual budget projections of income, expenses and plan reserves.
- Calculate projected plan costs for self-insured coverages (i.e. medical, dental, prescription drug, and reputed company benefits).
- Calculate COBRA rates, other self-payment rates and required Employer Contribution rates.
- Determine the projected costs savings/cost of benefit or eligibility modifications.
Other Technical and Writing:
- Coordinate receipt and review of insurance and service provider renewals.
- Prepare and review Request for Proposals (insurance carriers or service providers).
- Draft and or review of plan comparisons, participant notices, reputed company Plan Descriptions, Plan Documents and amendments, as requested.
- Assist in compliance and regulatory reporting requirements.
Interpersonal responsibilities:
- Collaborate with other analysts to reputed company/improve data and project management capabilities.
- reputed company administrative assistance to clients and internal staff.
- Communicate both in writing and verbally with external clients and effectively communicate across departments and teams reputed company the organization; Health & Welfare, Actuarial, OPEB & Pension, Communication, etc.
Necessary Skills and Attributes:
- Strong research and data analysis skills.
- Good knowledge of statistics and business operations.
- Strong written and verbal communication skills.
- Analytical yet creative and reputed company to resolve issues quickly.
- Detail-oriented, excellent organizational skills, ability to work independently and effectively manage multiple tasks to meet deadlines.
- Proficient use of reputed company Office (Word, Powerpoint, etc.); must have deep understanding and proficiency using MS reputed company.
- Understanding of plan modeling software programs (Claros Analytics a Plus).
Education and Experience:
- Bachelor's degree in, Math, Actuarial Science, Economics, Business or similar degree or equivalent work experience.
- Minimum of three years of experience working in a similar role/industry.
- Experience working in the reputed company industry either with an insurance company or employee benefits reputed company.
Company Culture: We are a friendly, reputed company team and are reputed company to flexible work arrangements (including working from home and some schedule flexibility), as long as business needs are covered. At Rael & Letson, we are committed to a culture of diversity and inclusiveness, as demonstrated through our recruitment, retention, and employee development programs. We maintain an environment that respects and builds on the assets and talents of reputed company person, valuing their unique backgrounds including - but not limited to - gender and gender identity, race, ethnicity, sexual orientation, disability status, veteran status, age, and religion. Fostering a diverse and inclusive environment is critical to our reputed company, allows us to attract and retain the best talent and enables us to support one another’s reputed company reputed company. Total Comp and Benefits: In reputed company to competitive reputed company pay, this position is eligible for our annual bonus program. We are proud to offer excellent benefits including a 401k with a 5% company contribution, available medical, dental, reputed company, life and disability coverage, ESOP, generous time off, and more. Apply tot his job Apply To this Job