Associate - Benefits Consulting Services (Hybrid)
4 weeks ago
**We offer more than a job, we offer a career**
- We support our employees to shape their career by encouraging continuing education and investing in training and development.
- We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and rewarding.
- We inspire people to do what they are passionate about by believing in integrity, respect and recognition of diversity and community support.
- We are a dynamic team where entrepreneurship, innovation and collaboration are at the core of our values.
- We offer competitive salaries and a multitude of benefits starting day one including generous medical and dental coverage, telemedicine, employee and family assistance program, and retirement and savings programs.
- We recognize the importance of work-life balance with our hybrid work program, wellness allowance, and year-round social activities and events.
**Who we are.**
Founded in 1987 by Barry F. Lorenzetti, BFL CANADA is one of the largest employee-owned and operated Risk Management, Insurance Brokerage, and Employee Benefits consulting services firms in North America. The firm has a team of over 1000 professionals located in 24 offices across the country. Our employees have free rein to demonstrate their creativity, leadership and entrepreneurial skills since we believe in each one of them. BFL CANADA is a founding Partner of Lockton Global LLP, a partnership of independent insurance brokers who provide Risk Management, Insurance and Benefits Consulting services in over 140 countries around the world.
**BFL CANADA is looking for an Associate - Benefits Consulting Services for its Toronto office**
As a member of our Toronto office, you will be responsible to provide a full range of consulting services to clients of all sizes and from all industries. These services include but are not limited to providing:
- Solutions encompassing creative plan design, vendor evaluation and management.
- Validation of insurance carriers waiver of premium and disabled life reserves.
- Actuarial valuation of employee benefits related liabilities.
- Compliance and governance strategies.
- Due diligence of employee benefits plans.
- International Pooling for global clients;
- Expatriate agreements for global clients with Canadian operations.
- Other employee benefits related support such as Total Reward Statement, Communication Strategy, etc.
If you are looking for a dynamic work environment, keep reading
**Your day as an Associate - Benefits Consultant**
This position provides management of the financial analysis for more complex and/or larger clients, including but not limited to:
- Analyze annual renewal for large and complex clients, conduct renewal negotiation with insurers, and prepare renewal reports.
- Prepare benefits program marketing specifications, analyze and comparing proposals from various insurers, prepare report summarizing results, and negotiate with selected insurers, if required
- Conduct various types of financial analysis such as financial experience update, renewal projection, financial reconciliation, etc.
- Review various insurance contracts and booklets to ensure accuracy.
- Review work prepared by junior associates.
- Support various consulting projects when needed.
- Build strong understanding of employee benefits program.
- Establish relationship with colleagues, external partners and with client teams to prepare Senior Associateship.
- Collaborate with colleagues to improve existing processes, tools and service offerings.
- Bachelor’s degree in Math, Statistics, Finance, Actuarial Science, Accounting or related field.
- 3 to 4 years of benefits consulting or actuarial consulting experience.
- Strong analytical and mathematical skills; strong command of Excel.
- Excellent interpersonal skills; strong oral and written communication skills.
- Ability to prioritize and handle multiple tasks in a demanding work environment.
- Strong critical thinking and analytical problem-solving skills.
- Ability to collaborate and deliver project objectives; ability to work independently as well as on team.
**More about us**
Our BFL Toronto office is located in beautiful downtown, in the core of the Financial District. Easily accessible by public transit, our office is close to a plethora of top-notch restaurants, ideal for enjoyable lunches or drinks after work.
Let’s stay in touch: follow us on LinkedIn to get privileged access to our activities and see our other job opportunities.
Visit our website to learn more about us: bflcanada.ca/
Offers of employment at BFL CANADA are conditional upon satisfactory results of background verifications.
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Toronto, Canada BFL Canada Full timeJob Details Description **We offer more than a job, we offer a career!** - We support our employees to shape their career by encouraging continuing education and investing in training and development. - We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and...
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