Health Benefits Analyst
Segal
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.