Financial Coordinator - Employee Benefits
HUB International is one of the world’s largest insurance brokers, dedicated to providing tailored insurance solutions. The Financial Coordinator will assist in maintaining financial databases, develop financial reports, and support the evaluation of benefit plans while fostering relationships with colleagues and vendors.
Responsibilities
- Assist with maintaining the HUB financial database for regular tracking of client plan costs
- Responsible for the development of monthly, quarterly, and year-end financial reporting
- Create summaries that benchmark existing benefit plan provisions and costs to marketplace standards and recommend changes for benefit competitiveness
- Assist with the evaluation and negotiation of fully-insured and self-funded renewals for selected book of business Help with initial creation of client medical, prescription drug, dental, vision, and life and disability budgets
- Respond timely to emails, messages, and other requests
- Conduct vendor calls to escalate and resolve client reporting issues
- Attend and actively participate in internal meetings for the Financial Management Group
- Support the process for evaluating proposals in the vendor procurement process
- Stay abreast of current health and welfare benefit strategies by researching marketplace tendencies and initiating/participating in vendor discussions
- Develop and maintain mutually beneficial working relationships with colleagues and vendors
- Work towards the overall improvement of the organization
Skills
- Bachelor's degree from four-year college or university
- Financial and analytical skills are required
- Required Experience: at least one year of relevant experience
- Required Education: Bachelor's degree (4-year degree)
- Internship experience is preferred but not required
- Interest in health care and consulting very beneficial
Benefits
- Health/dental/vision/life/disability insurance
- FSA
- HSA and 401(k) accounts
- Paid-time-off benefits such as vacation, sick, and personal days
- Eligible bonuses
- Equity and commissions for some positions
- Hybrid Working
Company Overview