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Employee Benefits Analyst
2 months ago
Employee Benefits Analyst
Mercer is seeking a talented and detail-oriented Employee Benefits Analyst to join our team in Toronto. As an Employee Benefits Analyst, you will play a key role in providing accurate and timely data and financial analyses on various projects related to group insurance benefits.
Key Responsibilities:
- Validate and compare premiums for group insurance plans as part of annual renewals
- Review and analyze quotes and/or benchmarking data to ensure client's plans are competitive
- Produce quarterly experience monitoring reports for clients and analyze the impact of any recent changes
- Analyze financial statements of group insurance plans and review the financial agreements
- Analyze cost drivers by reviewing client's cost/utilization data, and determine trends or comparisons to external benchmarks
- Gather necessary data from vendors or clients; review to ensure it is complete, accurate and reasonable; and prepare data in a particular template or format for use in basic or advanced financial analyses
- Work with client teams to develop recommendations and reporting relevant to the client
Requirements:
- Prior professional experience in a related field
- Graduating with a bachelor's degree in finance, statistics, administration or a related field
- LLQP License, or ability to obtain one within 6 months of hire
- Strong analytical and problem-solving skills
- Proficient in Excel and working knowledge of MS-Office suite
- Excellent interpersonal, verbal, and written communication skills
- Intellectual curiosity: seeking opportunities to develop new skills
- Ability to work in teams and be flexible to work under tight deadlines and changing client needs
- Superior organizational skills, time management and strong attention to detail
What We Offer:
- A company with a strong brand and strong results to match, and are committed to making a difference in the lives of people
- A culture of belonging, innovation, collaboration, internal mobility, and extraordinary career opportunities
- Competitive pay, full benefits package, and generous paid time off for vacation, sick days, company holidays, and time to give back to your community
- Flexible work culture and opportunities for professional development and growth
About Mercer:
Mercer is a global consulting leader in talent, rewards, and mobility, serving clients in over 43 countries. We help clients navigate an increasingly dynamic and complex environment, and our team of over 20,000 employees is dedicated to enhancing the health, wealth, and careers of the clients we serve and their employees.
About Marsh McLennan:
Marsh McLennan is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people. With over 85,000 colleagues and annual revenue of over $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment.
