Job Description

 

Alera Group is looking for a Senior Employee Benefits Actuary/Underwriter – joining us may be the perfect fit for you!

 

Alera Group was founded in 2017 and has grown to become the 15 th largest broker of US business (Business Insurance, July 2024). We are passionate about our clients’ success in the areas of Employee Benefits, Property and Casualty Insurance, Retirement Plan Services, and Wealth Services. With a network of offices nationwide, our commitment to collaboration allows us to offer national resources combined with local service.

 

The Senior Employee Benefits Actuary/Underwriter is a key member of our client account team, working closely with the Consultant and Producer to deliver highly competent client service. They will assist with a variety of projects and assist in guiding clients as they manage all financial aspects of their health and welfare benefits plans.

In this role, you will lead and support financial modeling, budgeting, and renewal projections while also reviewing and monitoring ongoing plan performance to ensure quality client deliverables. A robust understanding of financial tools and workbooks is essential, as you will be responsible for tasks such as analyzing data, conducting due diligence for new business efforts, and supporting key internal processes to deliver client-facing services. Additionally, you will build and maintain positive relationships with both internal teams and external partners, including clients, insurance carriers, and vendors.

 

Additional responsibilities include:

• Assist with calculation of premium equivalent rates for self-funded clients
• Support benchmarking and data analytics
• Lead data analysis and due diligence reviews for new business efforts and client projects
• Support key processes and internal activities to deliver client facing services
• Apply mathematical concepts in detailed and complex situations
• Lead and/or support market review and negotiation for stop loss contracts and renewals
• Lead and/or support calculations for regulatory fees (i.e. PCORI)
• Additional Responsibilities:
  • Employee contribution modeling
  • Benefit adjustment impact
  • Merger and acquisition review
  • Self-Funded feasibility analysis
  • Benchmarking data to assess strengths and weaknesses of an employer’s benefit package and provide recommendations

• PA Life and Health License (preferred and maintained as current)
• Bachelors degree or equivalent experience
• 3+ years of relevant work experience, required.
• Proven history of self-direction, creativity, and ability to meet deadlines
• Excellent working knowledge of MS Office Suite (Word, PowerPoint, Outlook) with expert knowledge of Excel
• Ability to work well in a fast paced, high pressure environment
• May require travel to service clients

Alera Group offer s comprehensive benefits to our colleagues , including medical, dental, life and disability insurance, 401k, generous paid time off and much more.  

 

We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

 

If you're a California resident, please read the prior to applying.

 

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PandoLogic. Category:Finance, Keywords:Financial Analyst, Location:Mechanicsburg, PA-17050

Job Tags

Work experience placement, Local area,

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