Group Benefits Analyst

3 weeks ago


Toronto, Ontario, Canada Canada Life Full time

About the Role

We are seeking a highly skilled Group Benefits Analyst to join our team at Canada Life. As a key member of our Growth Strategy, you will play a critical role in supporting our business objectives by handling all underwriting analyst functions for new business quotes and renewing current Employee Benefit Plans.

Key Responsibilities

  • Prepare Request for Proposals (RFP) for Non-Refund and Administrative Service Only (ASO) up to the field underwriting limit, including manual rate calculations and experience rate analysis.
  • Analyze data, identify plan design, and make basic pricing decisions to drive new sales and renew existing employee benefit plans.
  • Respond to requests for pricing plan amendments.
  • Calculate manual rates by manipulating data and determining the proper setup of classes and benefit descriptions.
  • Recommend plan design and product solutions to Account Managers through analysis of client claiming patterns and within a financial advisor's book of business.
  • Prepare experience analyses on all benefits (Life, Long Term Disability, Short Term Disability, Health, and Dental benefits) based on experience information provided.
  • Track management report requirements for the office, ensuring that compiled information can be utilized by management to make sound business decisions and achieve regional objectives.
  • Collaborate with regional sales office teams and head office staff (underwriting and reporting areas) is essential to the success and development of the role.

Requirements

  • Strong mathematical skills and financial aptitude.
  • Strong organization and time management skills with the ability to manage multiple projects simultaneously, often with scheduled deadlines.
  • Underwriting and/or Group Life & Health Insurance experience is a definite asset.
  • Strong analytical and problem-solving ability.
  • Strong team commitment and collaboration skills.
  • Ability to show initiative and be self-motivated.
  • Dedication to continual learning and self-development.
  • Good verbal and written skills, as well as customer service skills.
  • Strong computer skills, especially in Excel, Word, Salesforce, PowerPoint, and MS Teams.
  • Find opportunities to make a difference for our customers, drive for results.
  • Focus on customer solutions and continuous improvements; flexible and aim to understand what work will best help us meet customer needs and expectations.

About Canada Life

At Canada Life, we value diversity, equity, and inclusion. We are committed to creating an inclusive, accessible environment where all employees and customers feel valued, respected, and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live and to creating an environment where every employee has the opportunity to reach their potential.

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected, and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential.



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