Benefits Pricing Analyst

FrankCrum is a Top Workplace!
FrankCrum, voted by its employees as a Top Workplace in Tampa Bay for more than 10 years in a row, is a Professional Employer Organization (PEO) based in Clearwater, Florida. FrankCrum employs approximately 500 people who serve over 4,000 businesses by offering a full range of HR services, including payroll, employee benefits, HR consulting services and workers’ compensation insurance. Our PEO is a family culture that encourages people to feel at home, collaborate, and respect each other and we live by our Pillars of Excellence which are Integrity, Prosperity, and Affinity!

The Role You'll Play to Create Success
We are thrilled to announce a full-time and onsite Benefits Pricing Analyst   position filled with many exciting opportunities! This role contributes to the mission of FrankCrum by performing the functions of health underwriting support for the purposes of benefits pricing.

1. Prepare and analyze benefit pricing models for new business, renewals, and mid-year plan changes.
2. Support underwriting evaluations, including risk assessments, claims experience analysis, and demographic reviews.
3. Analyze historical claims data, enrollment trends, utilization patterns, and plan performance.
4. Assist in developing pricing recommendations that balance competitiveness, risk management, and profitability objectives.
5. Support master health plan pricing and ensure Medical Loss Ratio (MLR) targets are met.
6. Coordinate with carriers and underwriting partners to obtain quotes, clarify assumptions, and validate pricing inputs.
7. Review carrier proposals for accuracy, compliance, and alignment with internal underwriting guidelines.
8. Prepare underwriting summaries, pricing exhibits, and recommendation materials for leadership review.
9. Support benefit renewal strategy by modeling plan design changes and rate scenarios.
10. Ensure underwriting guidelines and pricing methodologies are documented and consistently applied.
11. Assist in monitoring plan performance and identifying emerging pricing or risk trends.
12. Partner with Benefits Sales and Account Executives to support consultative benefit discussions.
13. Support open enrollment and rebranding efforts by providing pricing analysis and enrollment projections.
14. Validate benefit submissions to ensure accurate and complete data is provided to carriers.
15. Collaborate with Finance, Accounting, and Benefits Operations to ensure pricing aligns with billing and deductions.
16. Maintain underwriting tools, spreadsheets, and reporting dashboards.
17. Identify opportunities for process improvement, automation, and increased pricing accuracy.
18. Stay current on market trends, carrier pricing strategies, and regulatory considerations impacting benefits pricing.
19. Knowledge of Federal and state laws regarding employee benefits and insurance sales, COBRA, PPACA, ERISA, IRS Section 125, and the PEO industry.
20. Knowledge of company services and products.
21. Knowledge of business profitability and risk management.
22. Knowledge of modern office methods and procedures.
23. Experience with group health underwriting or PEO benefit plans.
24. Familiarity with MLR concepts and plan performance analysis.
25. Experience supporting benefit renewals and open enrollment.
26. Exposure to pricing tools, BI platforms, or actuarial software.
27. Knowledge of regulatory and compliance considerations related to group benefits

The Attributes We Seek

Bachelor’s degree in Finance, Economics, Mathematics, Actuarial Science, Business or related field. Two (2) to Five (5) years of experience in benefits pricing, underwriting, insurance analytics, or a related role. Strong analytical skills with advanced proficiency in Excel (pivot tables, formulas, modeling). Experience working with health insurance carriers, PEOs, brokers, or general agencies. Ability to analyze complex data and present clear, actionable insights. High attention to detail and strong organizational skills. Effective written and verbal communication skills.

Our Competitive Benefits Along with this great opportunity, FrankCrum also provides exceptional benefits from top carriers including:

• Health Insurance is zero dollar paycheck cost for employee's coverage and only $195 dollars a month for family!
• Dental and Vision Insurance
• Short Term Disability and Term Life Insurance at no cost to the employee
• Long Term Disability and Voluntary Term Life Insurance
• Supplemental insurance plans such as Accidental, Critical Illness, Hospital Indemnity, Legal Services and Pet Insurance
• 401(k) Retirement Plan where FrankCrum matches 100% of the first 4% the employee contributes, and the employee is immediately vested in the employer match
• Employee Assistance Program at no cost to the employee
• Flexible Spending Accounts for Medical and Dependent Care Reimbursement
• Health Savings Account funded by FrankCrum
• Paid time off and holiday pay
• Education reimbursement up to five thousand two hundred fifty dollars tax free per calendar year
• PTO cash out
• Tickets at Work
• Access to the Corporate America Family Credit Union
• Employee and client referral bonus programs

#LI-AC1

What's Special About FrankCrum
FrankCrum, a family-owned business-to-business entity since 1981 made of several companies: FrankCrum Corporate (a professional employer organization), FrankCrum Staffing, Frank Winston Crum Insurance Company, and the FrankCrum Insurance Agency - all based in Clearwater, Florida. This “family of employer solutions” employs more than 500 people who serve over 4,000 clients throughout the United States. FrankCrum employees are trained to deliver high value through exceptional customer service and treat clients and coworkers like family. By living by our Brand Pillars (Integrity, Affinity, and Prosperity) employees are recognized at quarterly events for exceptional customer service and milestones in tenure.

The FrankCrum headquarters spans 14 acres and includes a cafe, subsidized for employees. Menus include made-to-order breakfast, hot lunch options and even dinners that can be ordered to-go, all at very affordable prices. The cafe also hosts monthly birthday and anniversary celebrations, eating and costume contests, and yearly holiday parties. Through the input of its own employees, The Tampa Bay Times has recognized FrankCrum as a Top Place to Work for more than 10 years in a row! FrankCrum also supports several community efforts through Trinity Cafe, the Homeless Empowerment Program, Angel Tree, and Clearwater Free Clinic!

If you want to play this role to positively impact our client's day-to-day business, then apply now!

FrankCrum is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, sex or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, genetic information, or any other characteristic protected by applicable federal, state or local laws and ordinances.