Program Analyst, Insurance Stop Loss

About Us:
Strategic Benefit Resources is a leading Stop Loss consulting firm specializing in innovative stop-loss insurance solutions for self-funded employers, TPAs, and brokers. We are seeking a proactive and detail-oriented Program Analyst to join our team and support us in leveraging market intelligence, developing tailored stop-loss solutions, and managing insurance programs effectively.

Position Overview:
As a Program Analyst, you will be a key resource in providing our producer team with market intelligence, competitive insights, and strategic support to place the best stop-loss programs for their clients. You will focus on analyzing market trends, identifying opportunities, and helping brokers tailor stop-loss insurance products to the needs of self-funded employers. Additionally, you will be responsible for creating a framework to evaluate vendors and partners that can support our broker partners. This role requires strong analytical skills, an understanding of the stop-loss market, and the ability to collaborate closely with brokers and internal teams to drive program success.

Key Responsibilities:

• Market Intelligence & Competitive Analysis:
  Monitor and analyze industry trends, competitive products, and regulatory changes that impact the stop-loss and self-funded insurance market. Provide actionable market intelligence to the producer teams, helping them understand current market conditions, pricing strategies, and competitive offerings. Conduct benchmarking studies and competitor analysis to inform product development and enhance the value proposition for brokers and clients.

• Broker Support & Collaboration:
  Work directly with brokers to understand their clients’ needs and offer tailored stop-loss solutions based on market insights and data. Provide ongoing support to brokers by offering product knowledge, answering queries, and assisting with the selection and placement of stop-loss programs. Collaborate with brokers to understand evolving market dynamics and adjust offerings to stay competitive.

• Product Development & Customization:
  Assist in the design, development, and enhancement of stop-loss insurance products and programs, ensuring they align with market trends and broker demands. Work with internal teams to modify product offerings and create customized solutions for brokers and their clients based on market intelligence and emerging trends.

• Vendor & Partner Evaluation Framework:
  Develop and implement a comprehensive framework to evaluate vendors and partners that can support our broker partners. Assess potential vendors and partners based on criteria such as service quality, reliability, cost-effectiveness, and alignment with our strategic goals. Provide recommendations to brokers and internal teams on the best vendors and partners to collaborate with.

• Data Analysis & Pricing Support:
  Analyze claims data, risk profiles, and other relevant metrics to help brokers assess stop-loss options for clients. Support brokers in evaluating pricing strategies and ensuring competitive, tailored pricing that meets client requirements and market conditions.

• Program Management & Implementation:
  Oversee the implementation and management of stop-loss programs, ensuring smooth execution and alignment with broker and client expectations. Monitor program performance, track key metrics, and work with brokers to optimize stop-loss programs as necessary.

• Sales & Marketing Support:
  Partner with sales and marketing teams to help brokers position and sell stop-loss products to prospective clients. Provide market intelligence and product insights to create compelling marketing materials, proposals, and presentations that effectively communicate product value to clients.

• Compliance & Documentation:
  Ensure that all stop-loss products and programs are compliant with relevant regulations and internal policies. Assist in the creation and maintenance of product documentation, including contracts, proposals, and program guidelines.

Qualifications:

• Education:
  Bachelor’s degree in Business, Finance, Insurance, Health Economics, or a related field. Relevant certifications (e.g., CLU, CPCU, or other industry designations) are a plus.

• Experience:
  2-5 years of experience in the insurance, employee benefits, or stop-loss industry, with a focus on market research, competitive analysis, and working with brokers. Experience in product analysis, program management, or sales support in an insurance or health benefits environment is highly desirable.

• Skills:
  Strong analytical skills with the ability to conduct market research, analyze competitive data, and generate actionable insights. Excellent communication skills, both written and verbal, with the ability to present complex information to brokers and stakeholders. Proficiency in Microsoft Excel (advanced), PowerPoint, and other analytical tools. Knowledge of stop-loss insurance products and the self-funded insurance market is preferred.

• Other Attributes:
  A strategic mindset with the ability to interpret market data and make data-driven recommendations. Ability to manage multiple projects simultaneously while ensuring quality and timeliness. Strong interpersonal skills and the ability to collaborate effectively with brokers, internal teams, and clients.

What We Offer:

• Competitive salary and benefits package

• Opportunities for career growth and development

• A collaborative and supportive work environment

• Exposure to cutting-edge solutions in the stop-loss and self-funded insurance industry

Disclosure required under applicable state or municipality regulations: The expected salary range for this position is $70,000 to $75,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HSA and 401(k) accounts, paid-time-off benefits, and eligible bonuses, equity and commissions for some positions.

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HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity, national origin, religion, age, color, sex, sexual orientation, gender identity, disability or veteran's status, or any other characteristic protected by local, state or federal laws, rules or regulations.

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