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Group Benefits Advisor
2 months ago
Role Overview:
The Group Benefits Advisor will be responsible for:
- Overseeing and nurturing the comprehensive relationship with a portfolio of clients, providing strategic consulting insights, service execution, financial oversight, plan architecture, pricing tactics, trend analysis, renewal negotiations, and benchmarking.
- Creating and executing strategies to enhance client retention.
- Maintaining strong relationships with clients and key decision-makers.
- Managing client expectations and effectively addressing any concerns or challenges.
- Assessing the Group Insurance risks of clients and suggesting suitable plan designs and cost-saving strategies.
- Formulating annual client plans to ensure the delivery of value-added services that align with client objectives.
- Being accountable for the revenue and profitability associated with client accounts and projects.
- Identifying innovative growth opportunities within the client portfolio through multi-product offerings and unique solution development.
- Actively participating in the pursuit of new clients through leads generated from competitive bidding platforms, targeted networking, and referrals.
- Managing client growth expectations in collaboration with the sales team.
- Engaging in continuous education to maintain a high level of expertise in employee benefit regulations, administrative matters, plan guidelines, claims management, and client-specific protocols.
- Participating in industry conferences and seminars to promote services and stay updated on industry trends.
- Representing People Corporation in the marketplace and acting as a brand ambassador.
- Maintaining comprehensive knowledge of the full range of People Corporation products and services.
- Building and nurturing positive relationships with suppliers to foster strong partnerships for clients.
- Collaborating effectively with colleagues and shared services across the organization.
Qualifications:
- A minimum of 5 years of progressive experience in Group Benefits within a client-facing or consulting role, delivering strategic and innovative solutions to complex benefits challenges.
- In-depth knowledge and understanding of the Group Benefits sector, including funding and underwriting structures.
- Strong analytical and mathematical capabilities, along with strategic planning, communication, and listening skills.
- Exceptional organizational abilities with the capacity to manage multiple tasks and prioritize effectively in a dynamic environment.
- A positive demeanor and a collaborative team player who engages well with both internal and external stakeholders.
- A results-oriented individual with excellent problem-solving capabilities.
- Ability to meet deadlines and deliver results as required.
- Comfortable working with various technology platforms.
- Willingness to complete the Life License Qualification Program within the specified timeframe.
- Availability for travel as necessary.
- A valid Driver's License and access to a vehicle.
- Possession of or progress towards the Group Benefits Associate (GBA) or Certified Employee Benefits Specialist (CEBS) designation is advantageous.
Benefits:
- Opportunity to learn alongside industry experts.
- Comprehensive health and dental coverage.
- A retirement savings plan with employer contributions.
- A range of Health & Wellness initiatives.
- Competitive salary package.
