Benefits Analyst
5 days ago
At People Corporation we are committed to helping businesses succeed. We are a national provider of benefits, retirement, wealth, wellness, and human resource solutions. Our experts and solutions serve over 20,000 clients representing nearly 3 million Canadians. We offer customized solutions designed to fit the unique needs of businesses and their employees, members and stakeholders.
We are looking to add a **Benefits Analyst** to our GTA based team. This role can be located in Ontario within 2.5 hours drive of Toronto. The **Benefits Analyst** will provide group benefits consulting support, including design, financial management and ongoing servicing for existing clients and prospects. The Benefits Analyst will work closely with internal consulting teams, interface with vendors, support client deliverables, and ensure quality standards are met.
**The Benefits Analyst will**:
- Contribute to the overall design and management of group medical, dental, life, disability and special risk benefits for clients.
- Complete annual renewal analysis and negotiations with carriers; prepare client reports and presentations
- Complete experience reporting, budget projections and review plan financial performance
- Conduct marketings; including preparing and submitting specifications, analysis, cost comparisons and recommendations on marketing responses, and preparing marketing report
- Gather data and determine cost impact for plan design changes
- Monitor carrier/provider services standards
- Support the consulting team in preparing documents for client presentations and meetings
- Participate in industry conferences, seminars, etc. in order to keep abreast of industry trends and activities
- Build relationships with clients, carriers, and internal, cross-functional teams
Other responsibilities may also include, as needed:
- Conduct plan design benchmarking studies
- Review all benefits documentation (contracts, booklets, collective agreement, amendments) for accuracy
- Investigate and assist with resolving ad hoc claims and coverage issues for clients
**To be successful as a Benefits Analyst** with People Corporation, you will need**:
- Minimum 2-5 years’ experience in group benefits
- Knowledge of Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plans
- Advanced competency with Microsoft Excel
- Proficiency with Word, PowerPoint and Outlook
- Strong analytical skills
- Excellent organizational skills with strong attention to detail and high level of accuracy
- Ability to manage and prioritize competing demands in order to meet client and company needs
- Ability to work independently and in a team environment
- Strong written and verbal communication skills
- Sensitivity to confidential information
- Ability to work with a variety of team members
**What's in it for you**:
- Learn by working alongside our experts
- Extended health care and dental benefits
- A retirement savings plan with company contributions
- A suite of Health & Wellness offerings
- Mental Health programs and support for you and your family
- Assistance for the completion of industry designations
- Competitive compensation
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