Financial Benefit Analyst - Remote (PST)

Employee Benefits is the core of our business and at our heart we are a people-focused organization. Every day, we help over 100,000 employers give their employees peace of mind by providing health, pharmacy, long and short-term disability, vision, dental and other insurance solutions. What makes us unique is that we can surround our clients with more services and more technology-based tools and a team of advisors that simply cares more than anyone else. 

If you want a career giving people the reassurance that they can have access to the health care they need for themselves and their loved ones, join OneDigital.

Our Newest Opportunity: 

Summary:

The Financial Benefits Analyst supports all aspects of financial analysis related to clients’ group benefit programs. The Financial Benefits Analyst works closely and collaboratively with other members of the financial support team to provide support to Account Manager(s) and Benefits Consultant(s). Deliverables will include benefit and financial illustrations that allows clients to properly evaluate their benefit plans.

Essential Duties and Responsibilities (include but are not limited to):

• Drafts accurate exhibits for quarterly and annual client meetings
• Drafts client utilization reports using various carrier reporting methods. Analyzes data and identifies opportunities for plan design and product changes, based upon observed utilization patterns
• Drafts monthly reporting deliverables for clients.
• Analyzes industry benchmarks and drafts information for the client to show their competitiveness in the industry.
• Develops and maintains strong working relationships with carrier partners
• Maintains accurate, current, organized, and complete market information in internal databases
• Assists team and clients as necessary with special projects
• Demonstrate expertise across funding models: Deep working knowledge of fully insured, self-funded (ASO), level-funded, and alternative risk-financing strategies (e.g., group captives) and how each impacts total cost, risk, and cash flow.
• Model and compare funding scenarios: Build financial projections that compare expected cost, volatility, and renewal outcomes across funding approaches (including stop-loss dynamics for self-funded and captive participation structures
• Support strategic cost-control initiatives tied to funding: Partner with consultants to assess feasibility and implementation implications of aggressive funding alternatives (self-funded, level-funded, captives, etc.) as part of a multi-year cost containment roadmap.
• Translate complex funding arrangements into clear guidance for the service team: Explain self-funded, captive, level-funded, and other alternative funding mechanics - tradeoffs, risk/reward, and client impact - in plain language to Account Managers and Benefit Consultants to support client education and recommendations.

Qualifications, Skills and Requirements:

• Ability to analyze data and recognize analytical patterns
• Strong verbal and written communication skills
• Ability to effectively handle multiple and changing client priorities and deadlines
• Excellent interpersonal skills
• Ability to thrive in a fast-paced environment

Education, Training and Experience:

• 2-3 years of experience
• Bachelor’s degree, required; Business, Finance, Math, Accounting, or related field, preferred
• Proficient in all Microsoft Office products, required
• Intermediate to advanced proficiency in Microsoft Excel, required
• Experience in the healthcare industry working for a group insurance carrier, broker, or consultant, preferred
• Knowledge of group insurance including medical, dental, CDHP, pharmacy, life, and disability products, strongly preferred
• Experience with database applications, a plus

Other:

License preferred

OneDigital is an equal opportunity employer. Not only as a matter of standard, but to honor and celebrate our differences. We believe that the power of ONE starts with you. We are committed to cultivating and preserving a culture that celebrates diversity, insists on equity and inclusion, and connects us. Ensuring our people feel seen, valued, respected, and supported is fundamental to our core values and business goals.

OneDigital provides equal employment opportunities to all employees and applicants for employment regardless of their: veteran status, uniformed servicemember status, race, color, religion, sex, sexual orientation, gender identity, age (40 and over), pregnancy (including childbirth, lactation and related medical conditions), national origin or ancestry, citizenship or immigration status, physical or mental disability, genetic information (including testing and characteristics) or any other category protected by federal, state or local law (collectively, “protected characteristics”). A copy of the Federal EEO poster is linked here.

Pursuant to local Fair Chance Ordinances, we will consider qualified applications with arrest or conviction records for employment. For applicable candidates, the following ordinances are linked here to inform you of your rights as an applicant:

City and County of San Francsico

City of Los Angeles

County of Los Angeles

Employment decisions shall comply with all other applicable federal, state and city/county laws prohibiting discrimination in employment. OneDigital complies with all criminal history inquiry [or ‘ban the box’] laws in California, Connecticut, Colorado, Hawaii, Illinois, Maine, Maryland, Massachusetts, Minnesota, New Jersey, New Mexico, Oregon, Rhode Island, Vermont and Washington.

In short, we believe in hiring the most qualified applicant for the position, regardless of background.

If you have questions about our hiring policies and practices, we would be happy to discuss upon receiving your application. We hope to welcome you to OneDigital and look forward to hearing from you.

OneDigital understands the immense responsibility and opportunities provided by Artificial Intelligence. We utilize advanced Artificial Intelligence [AI] technologies to enhance our recruitment process. This includes using AI to filter candidates based on their qualifications and to rediscover potential candidates from our existing applicant pool. Our AI systems help us efficiently identify the best fit for our open positions, ensuring a streamlined and effective hiring experience. However, AI does not replace the humans in our process. If you have concerns about our use of AI, you may opt out where laws allow.

Thank you for your interest in joining the OneDigital team!