Senior Underwriting Analyst - Employee Health & Benefits

The Job

Marsh McLennan Agency (MMA) is seeking an analytical and strongly organized Senior Underwriting Analyst to work with our Employee Health & Benefits teams on assigned clients, providing and communicating complex financial analysis, and utilizing modeling tools to evaluate benefit programs and their impact on overall business objectives, including the management and control of client risks and losses.

At MMA, we will provide you with access to mentorship, training, resources, and development to ensure your success, but you will need to supply the ambition. Our colleagues don't stop short of excellence and are driven to do what's best for their clients and colleagues.

From admin to accounting and everything in between, we believe our team is all in sales together. We're dedicated to representing our brand with excellence and integrity in every interaction. We collaborate with intention and know every one of us plays a vital role in our shared success.

What You'll Be Doing

• Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewals, business placement, benchmarking, and other projects related to underwriting.
• Provide the definition of clients' employee contribution modeling and strategies. Perform financial and risk analysis support for internal sales teams and their respective consulting clients.
• Research and remain up to date on the dynamic, competitive insurance environment, new and complex insurance projects, and constantly changing legislation that governs business.
• Responsible for the evaluation, determination and recommendation of alternative coverage, pricing options and plan design changes based on economic analysis of available plan elements related to client goals.
• Perform various reporting for plan change evaluations, budget and reserve calculations, and other on-going reviews.
• Participate in prospective client data analysis and presentations.
• Research and remain up to date on the dynamic, competitive insurance environment, new and complex insurance projects, and constantly changing legislation that governs business.
• Take part in organizational initiatives and community involvement activities.
• Perform other duties as assigned.

Who We're Looking For

• An analytical and detail-oriented Employee Benefits professional with a demonstrated ability to lead client projects focused on health benefits strategies, financial projections and plan design optimization. You have a strong actuarial background and client-facing experience.
• You DO sweat the small stuff. You're analytical, detail-oriented and extremely organized.
• You're tech savvy. You realize the crucial role that technology and data play in the financial world and you embrace it.
• You're an exceptional communicator able to collaborate with key stakeholders at all levels and assist with special project initiatives. You have an innate ability to present concepts both visually and verbally.
• You're good with people, even on the tough days. Being a helpful colleague is just part of who you are, and you love making people happy.
• You're a team player. You maintain positive relationships with your colleagues-and you enjoy it.
• You're that person everyone can depend on-to make deadlines and to be accurate and complete.
• You love to learn. You're earnest about improving and pursuing professional development.
• You can adapt - because our industry changes constantly and so do the needs of our clients. You're good at staying on your toes.
• You're ready for a meaningful change. No more corporate vanilla structure for you. (Yes, an insurance company really just said that.)
• You embrace our core values: accountability, balance, excellence, integrity, humanity and respect.

Additional Requirements:

• Bachelor's Degree in Risk Management, Insurance, Actuary, Mathematics and/or other related field is required or the equivalent work experience;
• 5-7 years' experience in the Benefits Brokerage, Consulting or Insurance industry;
• Advanced working knowledge in MS Excel is required (i.e. ability to perform pivot tables, macros and advanced formulas);
• 3+ years working on self-funded medical clients;
• Ability to travel, up to 25-50% in Washington and Oregon markets;
• Effective analytical, math and problem-solving skills, sound judgement, strong decision-making ability, confidence to make difficult decisions and excellent communication skills;
• Must be organized, detail oriented and able to translate big picture ideas into client objectives.

The Perks:

We take pride in providing our colleagues with a competitive compensation package; we will honor all local and state salary thresholds. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. The salary range for this position is $63,100-$117,500/year. Additionally, this position may be eligible for performance-based incentives, annual profit sharing and a benefits package that includes paid paternity/maternity leave, medical leave, 401K savings and other wellbeing programs. Decisions will be determined on a case-by-case basis.

Who you are is who we are.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com

#MMANW