Benefits Analyst

Location

San Mateo, California / Pasadena, California / Seattle, Washington

Job Type

Experienced

Web Site Address:

www.rael-letson.com/

Job Description

 

Position Title: Benefits Analyst

Department: Health & Welfare Practice

Reports To: Health & Welfare Analyst Supervisor

 

Summary:

As a key member of the Health & Welfare Practice, the Benefits Analyst will support the company's objectives by providing technical and administrative support to our team of Health and Welfare consultants and analysts located in multiple offices.

 

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.
  • Provide administrative assistance to clients and internal staff.
  • Assist in compliance and regulatory reporting requirements.
  • Communicate both in writing and verbally with external clients and effectively communicate across departments and teams within the organization; Health & Welfare, Actuarial, OPEB & Pension, finance, sales, marketing, etc.
  • Other duties as assigned.

 

Skills:

  • Strong research and data analysis skills.
  • Strong written and verbal communication skills.
  • Detail-oriented, excellent organizational skills, ability to work independently and effectively multi-task to meet deadlines.
  • Good knowledge of statistics and business operations.
  • Proficient use of Microsoft Office (Word, Access, etc.); must have expert abilities in MS Excel.
  • Understanding of statistical analysis programs (HealthMaps a Plus).
  • Analytical yet creative and able to resolve issues quickly.

 

Education/Experience:

  • Bachelor's degree in, Math, Actuarial Science, Economics, Business or similar degree.
  • Two or more years of experience working in a similar industry.
  • Experience working in finance or the healthcare industry.
  • Candidate must be authorized to work in the U.S. long-term without sponsorship

 

Mail: peterk@rael-letson.com

Organization:

Rael & Letson

E-mail Address:

peterk@rael-letson.com
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