Strategic Benefits Analyst

14 hours ago

Toronto, Ontario, Canada Canada Life Full time

Job Overview


At Canada Life, we are seeking a talented Strategic Benefits Analyst to join our team. This role will play a critical part in supporting the growth strategy of our company by handling underwriting analyst functions for new business quotes and renewing current Employee Benefit Plans.



About the Role

  • 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 assist in driving new sales and renewing existing employee benefit plans
  • Respond to requests for pricing plan amendments
  • Calculate manual rates by manipulating data and determining proper class set-up 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 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 this role


About You

  • Strong mathematical skills and financial aptitude
  • Strong organization and time management skills with 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


About Canada Life

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


We prioritize removing barriers to provide equal access to employment. A Human Resources representative works with applicants who request reasonable accommodations during the application process.


The estimated salary for this role is around $70,000 - $90,000 per year, depending on experience and qualifications.

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