Health Benefits Analyst at The Segal Company (Midwest), Inc. in Chicago, Illinois

Job Description:

For nearly 80 years, Segal has been providing employee benefits, retirement plan investment advisory and human resources consulting for multiemployer trust funds, corporations and public sector organizations. Segal is an independent, privately and employee-owned firm. Our independence allows us to provide unbiased consulting services for our clients. Headquartered in New York City, Segal has offices throughout the United States and in Canada. We are a smaller organization that provides a more intense and broader exposure for development purposes within a culture that is highly collegial and team-oriented. You will work with colleagues who are smart, professional, talented and...nice people. We offer a competitive pay and benefits package that includes a defined benefit and matching 401(k) retirement plans.

We are recruiting for a Health Benefits Analyst to join the Chicago Health practice.

The Opportunity: The Health Benefits Analyst is integral to supporting the delivery of a broad and diverse range of group health benefits consulting services to our clients. This role offers visibility, client interaction, and the opportunity to learn about the emerging areas of the health benefits field through participation in special projects. This role is with the Health Tier 1 team.

(The Midwest Health Practice is organized into three teams: Tier 1 is the budgeting and rate setting team; Tier 2 manages RFP’s, contract reviews, and other non-retainer services; and the Retiree Health team focuses on valuation related work.)

The Role: The Health Benefits Analyst works collaboratively with team members and other professionals in providing an integrated and thorough approach to meeting clients' financial needs and other matters. Health Benefits Analysts perform at a high level of proficiency doing technical and analytical work. Responsibilities include but are not limited to:

• analyzing renewals;

• preparing quarterly and annual financial reports and budget projections;

• pricing of benefit changes for health coverages;

• analyzing claims costs;

• supporting consultants with presentations of financial data to clients; and

• working on ad hoc reports and projects.

The Requirements:

• Bachelor’s degree in related field (i.e.: Actuarial Science, Mathematics, Statistics, Finance, Accounting)

• Actuarial exam progress having passed at least one exam with desire to achieve credentialed status preferred;

• Excellent interpersonal and communication skills (written and verbal);

• Proficiency with Excel and other computer software are required;

• Strong project management skills required combined with the ability to succeed in fast paced environment managing multiple conflicting deadlines; and

• Prior work experience or internship related to benefits analyses or underwriting is beneficial. 

Diversity, Equity & Inclusion at Segal:

We recognize that individuals bring a broad range of experience and abilities that go beyond the technical requirements of a job. If your experience and qualifications are close to what you see described here, we encourage you to apply. Diversity of employment, skills and life experience, combined with passion, are key to innovation and excellence. We encourage individuals, including but not limited to women, minorities, the disabled and protected veterans and those from all other backgrounds to apply to our positions. Please let us know if you require accommodation during the interview process and…thank you for considering Segal.

About Segal and its Total Rewards Program:

Segal is a privately owned, leading North American employee benefit, human resources and investment management consulting firm with over 80 years of history providing trusted advice that improves lives. Clients include public and private corporations, multiemployer trust funds, public sector entities, higher education institutions, institutional advisors, among many others.

Segal’s total rewards are part of what makes Segal a special place to work. The current salary range for this position is $50,000 to $70,000 plus opportunity for a discretionary performance bonus based on company profitability and employee performance up to 7%. In addition, Segal offers a comprehensive suite of benefits to include a non-contributory defined benefit pension plan, matching and discretionary contributions to a 401(k) profit sharing plan, medical and prescription benefits including contributions to a health savings account for eligible employees, dental benefits, life insurance, disability insurance, an Employee Assistance Program, wellness benefit reimbursements and rewards, and professional credential and tuition reimbursement. Segal also provides comprehensive paid time off including holidays, vacation days, sick leave, paid family leave and sabbaticals.

Please Apply…

Segal is the right size, the right organization and…the right move for you!  Please apply now.