Health Benefits Analyst

Segal

New York, NY0–3 yrs1h agovia LinkedIn

About the Role

This is a hybrid Health Benefits Analyst role based in Atlanta, GA; Boston, MA; Denver, CO; Glendale, CA; Hartford, CT; New York, NY; Phoenix, AZ; San Francisco, CA; or Washington, DC. You will support complex financial and health plan analyses for a diverse client base while building technical, analytical, and consulting skills. You will gain hands-on exposure to real client engagements, receive coaching and mentorship, and assume progressively greater responsibility.

Key Responsibilities

  • Analyze health plan data, including claims experience, utilization, and cost trends, and investigate inconsistent or incomplete results.
  • Develop financial projections, budget models, renewal analyses, and plan design cost estimates using established methods and assumptions.
  • Develop age-adjusted health claim cost assumptions and projections that support retiree health valuations.
  • Support vendor procurements by developing bid specifications, reviewing proposals, and organizing quantitative and qualitative findings.
  • Prepare recurring financial reports, presentation materials, and other client deliverables with clear documentation of data sources, assumptions, and methods.
  • Coordinate with client teams, clients, and external vendors and partners; communicate questions, risks, and timing concerns promptly and follow through to resolution.
  • Perform increasingly complex technical and analytical work, contribute directly to client deliverables, and develop strong analytical judgment.
  • Produce accurate, high-quality work and proactively identify issues that may affect quality, timelines, or client outcomes.

Requirements & Tech Stack

  • Proficiency in Microsoft Excel.
  • Working knowledge of Word and PowerPoint.

Qualifications

  • Bachelor’s degree in actuarial science, mathematics, statistics, economics, computer science, or another analytical discipline.
  • Up to 3 years of experience in benefits analysis, underwriting, actuarial work, or another analytical field is preferred.
  • Strong quantitative skills and demonstrated ability to work accurately with complex data and financial models.
  • Clear written and verbal communication skills, including the ability to document analyses so that others can understand and review the work.
  • Strong organizational and project management skills, with the ability to manage multiple priorities and meet deadlines.
  • Demonstrated initiative, sound judgment, ownership, and follow-through.
  • Interest in continuous learning; progress toward actuarial credentials is welcomed and supported but is not required.

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