Employee Benefits Analyst

21 hours ago

Toronto, Ontario, Canada CA007 Mercer (Canada) Limited Full time

About the Role:

CA007 Mercer (Canada) Limited is seeking a highly skilled Employee Benefits Analyst to join our team in Toronto. As an Employee Benefits Analyst, you will play a critical 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, using data provided by vendors and clients
  • Gather necessary data from the 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 your 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 through our four businesses: Marsh, Mercer, Guy Carpenter, and Oliver Wyman, each consistently ranked the industry leader in their fields
  • Competitive pay (salary and bonus potential), full benefits package – starting Day 1
  • Generous paid time off for vacation, sick days, company holidays (with early dismissal), floating holidays, and time to give back to your community; flexible work culture
  • Parental Leave and Tuition Reimbursement plan per year and participation in our Employee Stock Purchase Plan
  • Employee Resource Groups which provide access to leaders, relevant volunteer, mentoring opportunities, and interactions with counterparts in industry groups and client organizations

Why Choose Us:

At CA007 Mercer (Canada) Limited, we value diversity and inclusion, and we are committed to creating a workplace where everyone feels welcome and valued. We offer a collaborative and dynamic work environment, with opportunities for growth and development. If you are a motivated and detail-oriented individual who is passionate about delivering exceptional results, we encourage you to apply for this exciting opportunity.

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