
Financial Benefits Analyst - Remote
OneDigital · United States
- Hybrid
- Full-time
- $80,000 / year
- United States
Job highlights
- Analyze client benefit programs financially.
- Use data analytics for risk identification.
- Create benefit and financial illustrations.
- Collaborate with Account Managers and Sales.
- Requires advanced Excel proficiency.
About the role
About OneDigital
Are you looking to accelerate your career without having to hide your authentic self - a place where you can be you? A career that’s making a bigger impact on the world? At OneDigital, we are on a mission to help people do their best work and live their best lives. From the services we offer to the way we show up for each other each day, we are fueling dreams, achieving big goals, and embracing each other’s truest selves.
We understand that pursuing a new job is a big deal. Maybe you’re afraid you won’t fit in. Well, here’s the good news. For us, the days of “fit in to get in” are over and being different is not a barrier to getting ahead. Greatness comes in all shapes, sizes, colors, and experience levels. If you are looking for a people-first culture that is wired for growth, driven to serve, and totally committed to having your back, give us a shot. Your best life awaits.
Must be eligible to work in the United States without the need for work visa or residency sponsorship.
Our Newest Opportunity: Financial Benefits Analyst
Summary:
The Financial Benefits Analyst supports all aspects of financial analysis related to clients’ 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 Sales Team. Deliverables will include benefit and financial illustrations that allows clients to properly evaluate their benefit plans.
Essential Duties and Responsibilities:
- Identifies risk in existing benefit plans through the use of data analytics, illustrates the results and provide actionable insights and potential solutions to mitigate the risk through data analytics.
- Mine data from primary and secondary sources, cleaning raw data and eliminating duplicates and errors to ensure that the resultant data is high-quality to ensure integrity of database; interpreting data, analyzing results using statistical techniques.
- Create and maintain documentation of analytics processes for management to understand the data analysis process as needed.
- Focused on designing analysis tools and developing analytic models and processes that aid in analyzing data and mapping trends, streamlining processes and patterns using existing resources available.
- Provide oversight and training for future data analysts.
- Collaborate with the Account Managers to review client utilization reports and identifies opportunities for plan design and product changes, based upon utilization patterns to develop and streamline data strategies.
- Drafts accurate exhibits for quarterly and annual client meetings.
- Drafts client 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.
- Develops and maintains strong working relationships.
- Maintains accurate, current, organized and complete information in internal database.
- Assists team and clients as necessary with special projects.
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.
- Advanced/Expert Level 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.
Compensation and Benefits:
The typical base pay range for this role nationwide is $70,000 to $90,000 per year. Your base pay is dependent upon your skills, education, qualifications, professional experience, and location. In addition to base pay, some roles are eligible for variable compensation, commission, and/or annual bonus based on your individual performance and/or the company’s performance. We also offer eligible employees health, wellbeing, retirement, and other financial benefits, paid time off, overtime pay for non-exempt employees, and robust learning and development programs. You will receive reimbursement of job-related expenses per the company policy and may receive employee perks and discounts.
To learn more, visit: www.onedigital.com/careers
About OneDigital's Culture and Values:
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”).
Pursuant to local Fair Chance Ordinances, we will consider qualified applications with arrest or conviction records for employment.
In short, we believe in hiring the most qualified applicant for the position, regardless of background.
Recruitment Process:
This posting will remain live while OneDigital is actively accepting applications. Once candidates have been selected, the posting will be removed.
We kindly ask that external recruiters, agencies, and search firms do not contact our hiring managers or employees directly regarding open positions. All candidate submissions must go through our official application process and must be made aware to our internal Talent Acquisition team to verify candidate ownership. Unsolicited resumes or candidate profiles sent to OneDigital without a prior signed agreement will be considered the property of OneDigital. In such cases, OneDigital reserves the right to pursue and hire those candidates without any financial obligation to the agency or recruiter.
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.
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.
Thank you for your interest in joining the OneDigital team!
Key skills/competency
- Financial Analysis
- Benefits Administration
- Data Analytics
- Microsoft Excel
- Client Reporting
- Data Mining
- Risk Identification
- Trend Analysis
- Database Management
- Healthcare Industry Knowledge
Skills & topics
- Financial Benefits Analyst
- Financial Analysis
- Benefits Administration
- Data Analytics
- Microsoft Excel
- Healthcare Industry
- Client Reporting
- Remote
- Analyst
- Finance
How to get hired
- Tailor your resume: Highlight your 2-3 years of experience, Bachelor's degree, and advanced Excel skills. Quantify achievements in financial analysis and data analytics for benefit programs.
- Showcase relevant experience: Emphasize any background in the healthcare industry, group insurance products, or database applications. Detail your ability to analyze data and identify trends.
- Prepare for technical questions: Be ready to discuss your proficiency in Microsoft Excel, data mining techniques, and statistical analysis. Practice explaining how you would identify and mitigate risks in benefit plans.
- Demonstrate communication skills: Highlight your ability to collaborate with Account Managers and Sales teams, draft client reports, and present findings clearly. Mention experience in fast-paced environments.
- Research OneDigital's culture: Understand their mission to help people do their best work and live their best lives, and their commitment to diversity and inclusion.
Technical preparation
Behavioral questions
Frequently asked questions
- What is the salary range for a Financial Benefits Analyst at OneDigital?
- The typical base pay range for a Financial Benefits Analyst at OneDigital is $70,000 to $90,000 per year, depending on your skills, education, qualifications, experience, and location.
- What are the primary responsibilities of a Financial Benefits Analyst at OneDigital?
- As a Financial Benefits Analyst, you will support financial analysis for client benefit programs, identify risks through data analytics, create benefit illustrations, and collaborate with Account Managers and Sales teams.
- What are the required qualifications for the Financial Benefits Analyst role at OneDigital?
- You need 2-3 years of experience, a Bachelor's degree (preferably in Business, Finance, Math, or Accounting), and advanced/expert proficiency in Microsoft Excel. Strong analytical and communication skills are also essential.
- Does OneDigital offer remote work for the Financial Benefits Analyst position?
- Yes, the Financial Benefits Analyst position is listed as remote.
- What is OneDigital's stance on diversity and inclusion?
- OneDigital is committed to a people-first culture that celebrates diversity, insists on equity and inclusion. They believe greatness comes in all shapes, sizes, colors, and experience levels, and aim to make everyone feel seen, valued, respected, and supported.
- How does OneDigital use Artificial Intelligence in its hiring process?
- OneDigital utilizes AI to enhance its recruitment process by filtering candidates based on qualifications and rediscovering potential candidates from their existing pool. However, AI does not replace the human element in their hiring process.
- What kind of benefits does OneDigital offer to its employees?
- OneDigital offers eligible employees health, wellbeing, retirement, and other financial benefits, paid time off, overtime pay for non-exempt employees, and robust learning and development programs, in addition to base pay and potential variable compensation.
- Is sponsorship for work visa or residency available for this role?
- No, candidates must be eligible to work in the United States without the need for work visa or residency sponsorship.