Description We are offering an exciting opportunity for a Benefits Analyst in ENGLEWOOD, Colorado, United States. As a part of our team, you will be working in the financial services industry, utilizing your skills in a diverse set of roles including processing claims, maintaining customer records, and resolving inquiries.Responsibilities:
Manages and maintains assigned book of business. Has a good understanding of relevant compliance regulations and stays up to date on changes and new legislation. Works within the guidelines, ensures compliance.
Develop and maintain key relationships critical to the sales process and negotiate with carrier contacts to seek competitive options for clients.
Coordinates with account team to understand client’s strategy, and to define roles and responsibilities including deadlines.
Prepares requests for proposals (RFP’s) for all submissions to market. Responds to all carrier and client requests.
Responsible for ensuring timely target renewal delivery. Collaborates with insurance carriers and vendors to obtain preliminary and/or firm renewals.
Analyze current benefits, evaluating coverage, effectiveness, cost, plan utilization and trends.
Analyze all marketing and plan option responses, evaluates for accuracy and completeness, and requests clarifications and revisions, as needed. Develops plan options to best meet client’s strategy.
Presents all final results to account team. Determines content and structure of renewal presentation and identifies what to include (i.e; marketing results, utilization review, contribution strategy, benchmarking, financial reporting, etc.). Prepares renewal presentation.
Gather, review and validate all information related to assigned clients for renewal analysis and marketing purposes to include cost and contract terms
Provide analysis of benchmarking, contributions, data analytics, network disruption, as applicable
Applies underwriting as needed for trend analysis, high-cost claim analysis, contribution strategy, etc.
Monitor administrative costs of benefit plans and programs. Recommend cost containment strategies, including alternative methods for administration and funding.
Work with internal team regarding negotiations with carriers
Manage outsourcing of vendors and ensure reporting and other service needs are met
Build custom financial/utilization reports as needed and update monthly or as needed. Provide written and oral summary of findings.
Stays abreast of market competitiveness, carrier products and services, rate trends as well as State and Federal laws and regulations.
Supports data audits.
Updates financial summary and benefit highlight comparisons with all final renewal negotiation results
Complies with agency management system CRM standards. Saves and documents work product.
Will work primarily with medium to large clients who are fully insured and self-funded. Will also assist with the small group book of business on an as needed basis.
Requirements
Life and Health license for the State of Colorado required.
Bachelor’s Degree is preferred. Will consider as strong candidate with equivalent combination of education and insurance industry experience.
Working knowledge of group health and welfare plans and regulations, including but not limited to ERISA, Cobra, HIPAA, ACA, HSA, ICHRA, Section 125, etc.
Proven experience as an Analyst or similar role in the employee benefits insurance industry for 3+ years required
Exposure to underwriting and health and welfare financial analysis preferred
Basic to intermediate knowledge of underwriting and statistical concepts and benefit plan design.
Acquire and maintain current Life and Health license from the State of Colorado
Prior experience in broker agency, carrier, vendor or administering employee benefits in HR
Intermediate level proficiency in using Microsoft applications required as well as advanced Microsoft Excel skills.
Demonstrate a genuine passion for acquiring new knowledge and skills, staying abreast of industry advancements and best practices
Capable of prioritizing tasks effectively and managing multiple client and responsibilities concurrently.
Able to work collaboratively with colleagues, supervisors, and external partners to set goals, exchange ideas, and drive results
Willingness to embrace change, adjust goals as needed, and learn from setbacks to continually improve performance
Thorough knowledge of health and ancillary products
Familiarity and practical knowledge of quoting process and tools preferred
Robert Half is the world’s first and largest specialized talent solutions firm that connects highly qualified job seekers to opportunities at great companies. We offer contract, temporary and permanent placement solutions for finance and accounting, technology, marketing and creative, legal, and administrative and customer support roles.Robert Half works to put you in the best position to succeed. We provide access to top jobs, competitive compensation and benefits, and free online training. Stay on top of every opportunity - whenever you choose - even on the go. Download the Robert Half app (https://www.roberthalf.com/us/en/mobile-app) and get 1-tap apply, notifications of AI-matched jobs, and much more.All applicants applying for U.S. job openings must be legally authorized to work in the United States. Benefits are available to contract/temporary professionals, including medical, vision, dental, and life and disability insurance. Hired contract/temporary professionals are also eligible to enroll in our company 401(k) plan. Visit roberthalf.gobenefits.net for more information.© 2025 Robert Half. An Equal Opportunity Employer. M/F/Disability/Veterans. By clicking “Apply Now,” you’re agreeing to Robert Half’s Terms of Use (https://www.roberthalf.com/us/en/terms) .
Full-time