Senior Analyst, Employee Benefits

Job Locations US-CO-Denver | US-REMOTE | US-CA-Pasadena | US-TX-Dallas | US-TX-Houston | US-KS-Overland Park | US-KS-Wichita | US-WA-Bellevue

Job ID 2024-4205

Posted Date 4/2/2024

Department Employee Benefits

• Interact professionally and timely with clients via email, phone and in-person
• Prepare RFP for all ASO and fully insured submissions to market
• Collect, manage, and review proposals
• Update marketing results into spreadsheet ensuring accuracies, to be used internally and in client presentation
• Review department to assist with marketing template updates, RFP submissions, collection and management of data, along with individual review of complex marketing
• Review department BOB to include review of renewals for fully insured, TPA, stop loss, PBM coverages, cost, and contract terms to ensure standards are met, determines trends, sets expectation and provide communications internally and externally
• Initiate review of all fully insured, ASO, stop Loss, plans, cost, and contract terms
• Provide recommendations to Account Executive and present to client
• Negotiate with carriers based on the targeted goals from Account Executive
• Maintain ongoing relationship with carrier and vendor partners
• Prepare and reviews benchmarking, contribution, disruption, network, stop loss deductible and GeoAccess analysis to include fully insured vs. self-funded analysis provided to Account Executive
• Provide underwriting of all medical/Rx, dental, vision, life and disability plans and provides IBNR to client
• Analyze data for inconsistencies and trends, providing recommendations to Account Executive
• Provide a written and oral summary of findings to client
• Build and customize reports to fit client needs
• Prepare client presentation and presents in front of client
• Lead client presentation of financial discussions
• Train and review technical work, provide mentorship to analyst, and supports trainings within department
• Support Account Executive and Producers when solicitating new business
• Identify opportunities to create efficiencies and best practices
• Support and demonstrate IMA's core values
• Value and understand the importance of diversity, equity, and inclusion among all IMA associates

• Bachelor's Degree or equivalent experience
• Proven experience as an Analyst, Account Manager, or similar role in the employee benefits brokerage industry for 3+ years required
• Previous experience working with clients in the Union/Public Labor sector strongly desired
• Attain and maintain applicable state Life and Health License in accordance with IMA standards
• Proficient in using Microsoft Office suite required
• Strong understanding of compliance and regulatory requirements, such as ERISA, ACA, HIPAA, etc. required
• In-depth knowledge of employee benefits programs, insurance products, and industry trends
• Exceptional client service orientation with a focus on building long-term relationships
• Demonstrate a genuine passion for acquiring new knowledge and skills, staying abreast of industry advancements and best practices
• Proven ability to set ambitious yet achievable goals, and consistently work towards their attainment
• Capable of prioritizing tasks effectively and managing multiple client and responsibilities concurrently
• Able to work collaboratively with colleagues, supervisors, and external partners to set goals, exchange ideas, and drive results
• Willingness to embrace change, adjust goals as needed, and learn from setbacks to continually improve performance
• Possess the drive to pursue personal development opportunities independently, while adhering to established timelines and objectives

This Job Description is not a complete statement of all duties and responsibilities comprising this position.

The IMA Financial Group, Inc. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, The IMA Financial Group, Inc. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

Being a part of IMA has its benefits. When you become part of the IMA family, you become eligible to take part in our valuable benefits and rewards package designed to benefit you, your family, and your life. Our plans are cost-effective, convenient and provide progressive ways for staying healthy, protecting loved ones, pursuing financial security and living a full and balanced life. This role is eligible for the following:

Annual Performance Bonus, Stock Purchase, Medical Plans, Prescription Drugs, Dental, Vision, Family Assistance Program, FSA, HSA, Pre-Tax Parking Plan, 401(k), Life/AD&D, Accident, Critical Illness, Hospital Indemnity, Long Term Care, Short-term Disability, Long-term Disability, Business Travel Accident, Identity Theft, Paid Time Off, Flexible Work Options, Paid Holidays, Sabbatical, Gift Matching, Health Club Reimbursement, Personal and Professional Development. In addition to our robust benefits package, the hiring range for this position is $80,000 - $100,000. While this is the targeted range, final offer amounts will depend on a variety of factors, including the candidate's geographic location, prior relevant experience, and their knowledge, skills, and abilities. The anticipated posting timeline for this opportunity is 04/02/24 through 06/02/24.

We've built a reputation for putting our associates first

What if we told you that you could be an integral part of an entrepreneurial, expanding company, develop lasting relationships, earn competitive benefits, plus claim part ownership? It's this unique ownership business model that makes working at IMA so appealing.

We work in teams. We sell in teams. We win and prosper as a team

We provide support systems and resources that enable each of our associates to focus on what they do best. And as an independent company based in the Midwest, we're big enough to write business all over the world and small enough to implement your ideas quickly.

We are recognized nationally as a leader in our industry.

• 2020-2023 Business Insurance Magazine Best Places to Work in Insurance
• 2023 Inc. Magazine's Best Workplaces
• 2023 Denver Business Journal's Best Places to Work
• 2022-2023 Connecticut Top Work Places
• 2021-2023 Inc. 5000's List of Fastest Growing Companies
• 2019-2022 Civic 50 Colorado Honoree Recognizing 50 Most Community-Minded Companies
• 2022-2023 Kansas City Business Journal's Best Places to Work

• 2021-2023 Charlotte Business Journal's Best Places to Work

• 2021-2023 Los Angeles Business Journal's Best Places to Work
• 2021-2023 The Salt Lake City Tribune Top Work Places
• 2021-2022 Puget Sound Business Journal's Washington's Best Workplaces
• 2021-2022 Wichita Business Journal's Best Places to Work, #1 in extra-large category
• 2021 Dallas Business Journal's Best Places to Work
• 2021 Alaska Journal of Commerce's Best Workplaces in Alaska
• 2021 Wichita Business Journal's Fastest Growing Companies List