Regional firm that services hundreds of clients, including multiemployer, public sector, corporate, and church plans looking to add a Health and Welfare Analyst to their office. Firm has extensive experience in all types of Health & Welfare consultancy- from medical, prescription drug, dental and vision, to short and long-term disability, life and AD&D and many more. Actuarial exams will be supported, but will also consider a non-actuarial H&B Analyst
Duties and Responsibilities:
Analyze health plan statistical, financial reports and other specialized reports as needed
Prepare periodic client reports on plan operations/performance including annual budget projections
Calculate projected plan costs for self-insured coverages (i.e. medical, dental, prescription drug, and vision benefits)
Calculate COBRA rates, other self-payment rates and required Employer Contribution rates
Determine the projected costs savings/cost of benefit or eligibility modifications
Coordinate receipt and review of insurance and service provider renewals
Draft and or review of plan comparisons, participant notices, Summary Plan Descriptions, Plan Documents and amendments, as requested
Prepare and review Request for Proposals (insurance carriers or service providers)
Collaborate with other analysts to develop/improve data and project management capabilities
Assist in compliance and regulatory reporting requirements
Two or more years of experience working in a similar industry.
Experience working in finance or the healthcare industry.