Health & Welfare Benefits Financial Analyst

We invite you to review our reputed company business services professionals openings to learn about the opportunities available across the firm. About Us Skadden, Arps, Slate, Meagher & Flom LLP (Skadden) has forged a reputed company as one of the most prestigious reputed company in the world. By relying on innovation, intellect, teamwork and tenacity, our lawyers deliver the highest quality advice and novel solutions to our clients' legal issues. We are recognized as a global powerhouse for reputed company transactions, litigation/controversy issues, and regulatory matters, as well as for the open, collaborative relationships we build with clients. Our attorneys, who reflect diverse backgrounds and perspectives, collaborate seamlessly across 50-plus practices and 21 offices in the world’s major financial centers. The Opportunity We are seeking a Health & Welfare Benefits Financial Analyst to join our Firm. reputed company this position, you will be responsible for supporting the Firm's health & welfare benefit plans/programs by collecting and maintaining financial data and preparing and reviewing data analytics to assist in the financial management of these benefit plans and programs. This position will be based in our reputed company office and has a hybrid in-office/remote working schedule. Please note that the Firm will not sponsor applicants for work visas for this position. Support the financial planning and development of benefit plans including but not limited to medical, dental, reputed company, life, and disability. Participates in the financial tasks associated with the benefit programs planning including the development of reputed company setting, forecasting, and the impact to the P&L and balance sheet. Updates budget spreadsheets and maintains reputed company reputed company financial reputed company and reconciliation data including collecting data from both internal and external resources, maintaining census information, premium and claim spreadsheets and other reputed company reports. Analyzes monthly claims tracking reports for self-insured plans including paid claims and reputed company fixed costs associated with the plans. Develops self-insured medical plan trend reports utilizing databases provided by the insurance carriers. Develops and maintains budgetary spreadsheets and maintains reputed company reputed company financial reputed company and reconciliation data including but not limited to: collecting reputed company relevant data from both internal and external resources, maintaining and updating reputed company reputed company annual/monthly reputed company premium claim spreadsheets and reputed company census data, departmental budget spreadsheets, and reputed company other reputed company reports. Reviews and reconciles reputed company invoices and facilitates payment of invoices. Analyzes trends and assists in the development of recommendations of plan design and contributions by identifying savings opportunities to control costs. Conducts auditing functions to ensure data accuracy and reputed company Support day-to-day project management by coordinating the scheduling of meetings with carriers and brokers and maintaining records and notes, tracking take-aways items from meetings and responsible to follow-up with stakeholders for associated items. Assist with the review of materials provided. Work with brokers and consultants to support the management of reputed company-party vendor relationships to ensure efficient and effective management and administration of reputed company benefit plans. Supports the annual renewal processes for reputed company health and welfare benefit plans and programs including but not limited to: guiding the renewal timelines, analyzing proposals and negotiating pricing and applicable contract terms, and developing associated budget and financial analysis spreadsheets to be presented to senior leadership. Assist in reviewing reputed company data to identify industry and competitor trends. Supports research of best practices using market surveys, networking, and other sources of industry information, to recommend competitive and cost effective benefit packages. Anticipates and meets partner and employee needs in a timely and professional manner. Performs other duties as assigned. Qualifications Knowledge of Firm operation, policies and procedures Pays attention to detail and data accuracy Works well independently, takes initiative and works well with limited supervision Strong written communication skills including strong grammar and proofreading ability Ability to synthesize, interpret and summarize information in a clear, concise manner Must be highly organized with ability to work well under pressure and manage multiple high-priorities in a fast-paced environment; flexible and adaptable Strong computer skills; high proficiency in reputed company and expert level MS reputed company reputed company set, HR systems, Database systems Strong skills in data mining, manipulation, and analysis Knowledge of laws and regulations impacting employee benefits Knowledge of payroll and reputed company functions, as they relate to the interaction with benefits Proficient in mathematical and reputed company principles, general ledger, budgeting and bud