Employee Benefits Analyst / Junior Underwriter

We are seeking a motivated and analytical Employee Benefits Analyst / Junior Underwriter to join our growing brokerage team. The Employee Benefits Analyst / Junior Underwriter will support the development and execution of comprehensive employee benefits strategies for our clients, with a particular focus on claims reporting and analysis, underwriting, RFPs, renewals, self-funded health plans, stop-loss coverage, and carrier/vendor negotiations.

This is an excellent opportunity for someone with approximately 1–3 years of employee benefits, insurance, or underwriting experience who wants to develop into a well-rounded benefits professional with both strong analytical capabilities and client-facing responsibilities.

Key Responsibilities

Client & Claims Analysis

• Prepare, analyze, and present claims reports, utilization data, financial performance, and benefit plan trends.
• Identify key cost drivers, emerging claims trends, and opportunities to improve plan performance.
• Assist in translating complex claims and financial information into clear, actionable insights for clients.
• Participate in client meetings and presentations, providing analytical support and recommendations.

Underwriting & Financial Analysis

• Perform underwriting and financial analysis for self-funded medical plans.
• Review carrier renewals, claims experience, enrollment data, plan costs, and projections.
• Develop financial models and comparisons to evaluate plan alternatives and funding strategies.
• Support budgeting, forecasting, and renewal strategy development.

RFPs, Marketing & Renewals

• Coordinate and manage RFP and marketing processes for medical, ancillary, stop-loss, and other benefit programs.
• Prepare carrier and vendor submissions and ensure complete and accurate information is provided.
• Analyze proposals and develop side-by-side financial and contractual comparisons.
• Assist with the preparation and presentation of renewal recommendations to clients.
• Maintain timelines and coordinate deliverables throughout the renewal and marketing process.

Self-Funded Plans & Stop-Loss

• Support clients with self-funded health plan analysis and ongoing financial monitoring.
• Review specific and aggregate stop-loss proposals, contract terms, lasers, deductibles, and renewal conditions.
• Analyze stop-loss options and assist in identifying appropriate solutions based on client risk and claims experience.
• Work with carriers, TPAs, stop-loss providers, and other partners to obtain and evaluate plan information.

Carrier & Vendor Negotiations

• Assist with carrier and vendor negotiations involving rates, fees, contract terms, guarantees, and service commitments.
• Communicate with insurance carriers, TPAs, PBMs, stop-loss providers, and other benefit vendors.
• Support the brokerage team in identifying opportunities to improve pricing, contractual terms, and overall client value.

Qualifications

• Approximately 1–3 years of experience in employee benefits, health insurance, underwriting, brokerage, consulting, or a related field.
• Experience analyzing health plan claims, renewals, rates, or underwriting information preferred.
• Exposure to self-funded medical plans and stop-loss insurance is strongly preferred.
• Strong analytical and problem-solving skills with the ability to interpret financial and claims data.
• Proficiency in Microsoft Excel, including VLOOKUPs and PivotTables, with demonstrated ability to organize, analyze, interpret, and present complex data effectively.
• Strong written and verbal communication skills.
• Comfortable interacting with clients, insurance carriers, and vendor partners.
• Highly organized with the ability to manage multiple projects, deadlines, and renewal cycles simultaneously.
• Detail-oriented while maintaining an understanding of the broader client strategy.
• Desire to grow into a more consultative and client-facing employee benefits role.