Benefit Analyst
2 weeks ago
We are looking for a Benefits Analyst to join our team in Toronto.
The Benefits Analyst will provide group benefits consulting support, including design and financial management for
existing medium and large 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 (Term) will**:
- Contribute to the overall design and management of group medical, dental, life, disability and special risk benefits for clients.
- Perform annual renewal analysis and negotiations with carriers; prepare client reports and presentations
- Complete experience reporting, budget projections and reviewing plan financial performance
- Review financial statements for accuracy and adherence to underwriting agreements
- Gather data and determine cost impact for plan design changes
- Conduct marketings; including preparing and submitting specifications, analysis, cost comparisons and recommendations on marketing responses, and preparing marketing report
- 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:
- Assist with plan design benchmarking studies
- Assist clients during union bargaining process
- Assist with carrier transition by supporting the service team with required financial information
- Prepare ad hoc reporting for clients or consultants as needed
**To be successful as a Benefits Analyst (Term) with People Corporation, you will need**:
- Minimum 2 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
- CEBS or willing to obtain
- 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
- Bilingualism in both English and French
**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
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.
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