Job Details

Associate Financial Manager
IL, United States
Job ID
Job Description

About us:

Insurance provides a lucrative career path with potential for growth, challenge, and financial success. Join our team at HUB International Midwest Limited, and be part of a growing industry and an expanding company. HUB International Limited, the world's eighth largest broker, provides you access to a wealth of resources and complete worldwide brokerage services, while maintaining our commitment to the communities we live and do business in. We are currently seeking a Associate Financial Manager in the Employee Benefits Data Analytics Group in our Chicago office. The Associate Financial Manager is responsible for assisting the Financial Management Group in the day-to-day service of our clients.

In this role, you will:

  • 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
What you offer us:
  • Bachelor’s degree from four-year college or university Internship experience is preferred but not required
  • Financial and analytical skills are required Interest in health care and consulting very beneficial

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