Client Business Analyst

Location

San Diego, CA | United States

Job description

Indulge your passion for problem-solving and embrace the thrill of addressing risk head-on at Gallagher's global brokerage team. Join a family of diverse minds, united by a relentless pursuit of excellence. As part of our team, you'll be the architect of protection, safeguarding businesses and empowering their ambitions. Together, we'll build a legacy of trust and triumph in the dynamic world of risk management.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you're close but not an exact match, we encourage you to apply.

Gallagher (NYSE: AJG), one of the world's largest insurance brokers, provides a full range of retail and wholesale property/casualty (P/C) brokerage and alternative risk transfer services globally, as well as employee benefit brokerage, consulting, and actuarial services in the United States. We also offer claims and information management, risk control consulting, and appraisal services to clients around the world.

RPA San Diego operates as a third-party administration (TPA), consulting, and strategic management branch for collectively bargained benefit plans, pooled purchasing arrangements, and trusts. Our mission is to deliver high quality, affordable, and accessible health care to our members.

The Client Financial Analyst will assist and support the H&W Team and outside underwriting consultant in the analysis of group benefit plan characteristics, assessment of risks as to frequency and potential severity of loss. This role will utilize underwriting criteria and policies to provide proper rating methodologies, and maintain resources on the economic analysis of market alternatives.

Key Client Financial Analyst duties include the following:

• Performs financial analysis on behalf of clients, and provide consultation to clients around analytical findings.
• Typically supports other Account Managers, Account Executives, Producers and acts under their direction.
• Has direct customer contact.
• Projects, analyses, and/or assignments are less complex.
• Works independently on more routine/less complex assignments, and under the direction of a manager or Account Manager/Account Executive/Producer on more complex assignments.
• Responsible for conducting and documenting routine to moderate financial analysis projects for clients.
• Coordinates underwriting functions performed by outside consultants.
• Assists in the renewal rating process for the existing book of business.
• Provides support in the setting of rates and plan designs for group prospects.
• Assesses plan designs for changes and their financial implications.
• Coordinates with other departments and outside vendors with new and existing clients.
• Maintains data integrity with the multiple sources of data gathering.
• Provides analysis and recommendations for groups and rating scenarios.
• Ensures compliance with legal and regulatory requirements.
• Produces and maintains documentation to support underwriting recommendations and rate calculations.
• Participates in projects and consulting.
• Maintains and monitors the quality, timeliness and deliverables.
• Facilitates and participates in calls and meetings.
• Provides basic level financial, contract and/or administrative analysis and peer reviews the work of colleagues.
• Performs basic data analysis (including but not limited to review of claims and utilization data and looking for trends and patterns).
• Abides by all internal compliance and disclosure requirements, external vendor contracts to ensure alignment with client expectations and legal requirements.
• Assists in client requests including problem solving on administrative and operations issues.
• Other duties as assigned.

Required:

• Bachelor's degree and 2 years related experience required. Strong PC and Microsoft application skills, including Word and Excel.

Preferred:

• Knowledge of insurance regulations
• Knowledge of networks, products, plan designs and terminology
• Exceptional interpersonal and communication skills, both verbal and written
• Ability to prioritize and handle multiple tasks in a demanding work environment
• Ability to partner and deliver on project objectives
• Ability to work independently and on a team
• CA Health, Life and Accident Insurance preferred

#LI-CS3 #LI-Remote

We offer competitive salaries and benefits, including: medical/dental/vision plans, life and accident insurance, 401(K), employee stock purchase plan, educational expense reimbursement, employee assistance program, flexible work hours (availability varies by office and job function), training programs, matching gift program, and more.

About Arthur J. Gallagher & Co.

At Arthur J. Gallagher, we fiercely protect our culture. Without it, we are just another company. Every day we live by, "The Gallagher Way", 25 business tenets from which we draw our strength. A multi-national, multi-billion dollar insurance brokerage and risk management services firm, our employees are fueled by teamwork, creativity, responsiveness and doing the right thing simply because it's the right thing.

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