Employee Benefits Underwriter - Joint Health Fund

Location: 111 S Wood Ave, Ste 400 & 430 - ISELIN, NJ

About Acrisure

A global fintech leader, Acrisure empowers millions of ambitious businesses and individuals with the right solutions to grow boldly forward. Bringing cutting-edge technology and top-tier human support together, we connect clients with customized solutions across a range of insurance, reinsurance, payroll, benefits, cybersecurity, mortgage services – and more.

In the last twelve years, Acrisure has grown in revenue from $38 million to almost $5 billion and employs over 19,000 colleagues in more than 20 countries. Acrisure was built on entrepreneurial spirit. Prioritizing leadership, accountability, and collaboration, we equip our teams to work at the highest levels possible.

Job Summary

This position analyzes information to create and assist with delivery of financial deliverables for current and prospective clients with complex benefit programs. Financial deliverables include financial and contractual analysis, claims utilization analysis and modeling, renewal projection and premium rate analysis and modeling.

Essential Duties & Responsibilities

Evaluates the financial risk of medical & ancillary benefits for clients and prospective clients

Proficiently communicates with internal/external customers

Utilizes group experience and demographic analysis to drive future strategies such as plan changes, stop loss levels, funding changes, & contributions

Utilizes analytical tools to develop alternative strategies, plan modeling and cost reduction opportunities

Works with the Consulting Team Members to create Request for Proposals (RFPs) for carriers and manages the financial aspects of the renewal

Evaluates and explains financial analyses to internal team

Presents an explanation of financial analyses/strategies to external clients

Interfaces directly with clients to provide expert underwriting review to explain financial analysis and renewal materials

Performs technical analysis of group insurance contracts and financial arrangements

Responsible for understanding and to expertly explain external market influencers and internal experience trends driving benefit costs to clients

Analyzes and prepares reporting package in accordance with client service calendar financial meetings (e.g. post-renewal, mid-year, pre-renewal, renewal). Reporting package may include but are not limited to:

Periodic claims utilization, trend and lag analyses

Rate and Contribution analysis

Market analysis

Financial funding analysis

Renewal rate and funding projections and modeling

Works with the Consulting Team members and insurance carriers on new business quotes and renewals to include related activities such as: requesting quotes, evaluating option, negotiation of rates and benefit features and, preparing renewal or new plan options with executive summary

Works closely with Consulting Team Members to ensure strategic objectives of client are clearly articulated and that all client deliverables deliver proactive solutions in line with client strategic objectives

Acts as a resource for Consultants and Sales Executives to develop strategic plans and solutions for prospects and clients and prospects.

Mentor and assist with training junior analysts/account managers

Set priorities for analytical work to meet deadlines

Participate in training programs to enhance benefit industry knowledge

Knowledge & Skill Requirements

• An undergraduate degree is required
• A minimum of 3-5 years’ work experience in the analysis of employee benefit programs and health insurance
• Strong functional knowledge of Excel specific to creating, formatting, and evaluating formulas and working within templates. Must be proficient in Excel, Word, and other MS Office products along with Adobe products
• Ability to work in a fast-paced environment with minimal instruction and a high degree of accuracy and attention to detail
• Broad understanding of alternative funding mechanisms
• Effective interpersonal and written communication skills
• Self-motivated and goal oriented
• Outstanding analytical, problem solving, and critical thinking skills required
• Strong benefit product knowledge required; including, but not limited to, Medical, Dental, Life, Disability, voluntary products, etc.
• Sets priorities and manages workflow to ensure efficient, timely and accurate deliverables
• Ability to manage and negotiate multiple priorities and deadlines
• Maintain a cordial and effective relationship with clients, co-workers, carriers, vendors, and other business contacts.
• Ability to work in a team environment
• Interact with others effectively by utilizing good communication skills, cooperating purposefully, and providing information and guidance, as needed, to achieve the business goals of the company
• Must hold state Health & Life insurance licenses or willing to obtain one within an agreed upon timeframe
• Strong written, oral, and interpersonal communication skills
• Advanced problem solving and critical thinking skills
• Acrisure is committed to making an impact in our communities by giving back, with millions committed to children’s health with Helen Devos Children’s Hospital and UPMC Children's Hospital of Pittsburgh.
• For more, visit www.Acrisure.com or learn more here.

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Pay Details

The base compensation range for this position is $75,000 - $111,000. This range reflects Acrisure's good faith estimate at the time of this posting. Placement within the range will be based on a variety of factors, including but not limited to skills, experience, qualifications, location, and internal equity.

Candidates should be comfortable with an on-site presence to support collaboration, team leadership, and cross-functional partnership.

Why Join Us

At Acrisure, we’re building more than a business, we’re building a community where people can grow, thrive, and make an impact. Our benefits are designed to support every dimension of your life, from your health and finances to your family and future.

Making a lasting impact on the communities it serves, Acrisure has pledged more than $22 million through its partnerships with Corewell Health Helen DeVos Children's Hospital in Grand Rapids, Michigan, UPMC Children's Hospital in Pittsburgh, Pennsylvania and Blythedale Children's Hospital in Valhalla, New York.

Employee Benefits

We also offer our employees a comprehensive suite of benefits and perks, including:

Physical Wellness: Comprehensive medical insurance, dental insurance, and vision insurance; life and disability insurance; fertility benefits; wellness resources; and paid sick time.

Mental Wellness: Generous paid time off and holidays; Employee Assistance Program (EAP); and a complimentary Calm app subscription.

Financial Wellness: Immediate vesting in a 401(k) plan; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; commuter benefits; and employee discount programs.

Family Care: Paid maternity leave and paid paternity leave (including for adoptive parents); legal plan options; and pet insurance coverage.

… and so much more!

This list is not exhaustive of all available benefits. Eligibility and waiting periods may apply to certain offerings. Benefits may vary based on subsidiary entity and geographic location.

Acrisure is an Equal Opportunity Employer. We consider qualified applicants without regard to race, color, religion, sex, national origin, disability, or protected veteran status. Applicants may request reasonable accommodation by contacting [email protected].

Final candidates will be required to complete post-offer verification processes related to the role and in accordance with applicable laws.

California Residents: Learn more about our privacy practices for applicants by visiting the Acrisure California Applicant Privacy Policy.

Recruitment Fraud: Please visit here to learn more about our Recruitment Fraud Notice.

Welcome, your new opportunity awaits you.