Employee Benefits Consulting Analyst

1 month ago

London, Canada Mercer Full time

**WHO WE ARE**

We’re Mercer - a global consulting leader in health, wealth and career. Mercer has more than 25,000 colleagues based in 43 countries. We help clients worldwide from small businesses to Fortune 1000 companies advance the health, wealth and performance of their most vital asset - their people.

Mercer's Employee Benefits team is seeking an Analyst for the **London office** who would join by **June 2023**.

**WHAT A TYPICAL DAY LOOKS LIKE IN HEALTH CONSULTING BUSINESS?**
- Provide accurate and timely data and financial analysis on various projects for medical, dental, life and disability programs
- Analyze vendor renewals by checking carrier or vendor's plan rates for reasonableness and by analyzing claims and enrollment data, trend rates, administrative expenses and other charges
- Perform basic cost projections based on client's current cost and enrollment data
- Price medical and prescription drug plan designs by entering plan design information into Mercer's internal pricing model to develop the relative cost differences between plan designs, in order to compare the client's current plan to alternative designs
- Develop employee contributions scenarios by projecting employee contributions and costs to the next plan year, taking into account the cost-sharing goals of the client
- Gain an understanding of basic project management and consulting skills including: managing the quality and timeliness of client deliverables, helping to develop budgets and billing reports, participating in client calls and meetings as appropriate and assisting with the preparation of clear and concise client-friendly communications
- Gain an understanding of the following, through online training, group sessions, or one-on-one training with others in a more senior role: Health and Benefits products, services and technical tools offered by Mercer, vendor/carrier markets, basic underwriting skills, budget-setting, rate-setting and evaluation.

**WHAT WE VALUE?**
- Strong analytical and mathematical skills and working knowledge of Excel and others MS-Office software programs
- 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 and strong attention to detail

**WHAT’S IN IT FOR ME?**
- Be challenged to deliver impactful solutions for organizations of any size and varied industries and have a direct impact on their employees
- Be part of our great training and development programs, including our continuing education program
- Opportunity to work with the best tools, resources and some of the smartest people in the industry
- Be part of a work environment that promotes social connection and work-life flexibility
- Be provided opportunities to personalize your role and career
- Be rewarded for your achievements

**PREFERRED QUALIFICATIONS**:

- Graduating with a bachelor's degree in mathematics, statistics, finance, administration or a related field by Spring 2023
- Previous work-related experience obtained during internships or co-op work terms
- Familiarity or experience with group insurance benefits would be an asset (through work experience, CEBS GBA designation or working towards it). You will be required to obtain and maintain appropriate licenses as required by provincial regulations and Mercer policies

**JOIN US**

At Mercer, we’re creating a culture where you can bring your authentic self to work. When you join us, you bring your inclusive energy and enthusiasm to a team that values you personally and professionally - regardless of who you are, what you look like, where you were raised or born, who you love or what your religious beliefs are. You are welcome here.

**WHAT’S NEXT?**

**ABOUT MERCER**

Mercer’s roots are in Canada - founded 75 years ago and continues to be one of the elite Canadian business and employment brands. Currently, the Canadian business earns $340+M CAD in revenue and employs 1,000+ colleagues across Mercer’s core services areas. Along with Marsh, Guy Carpenter and Oliver Wyman, Mercer is one of four Marsh McLennan businesses with a significant Canadian presence.

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