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Associate Consultant, Benefits
2 weeks ago
- We support our employees to shape their career by encouraging continuing education and investing in training and development.
- We put our employees at the center of what we do to allow them to grow personally and professionally, with projects and challenges that are motivating and rewarding.
- We inspire people to do what they are passionate about by believing in integrity, respect and recognition of diversity and community support.
- We are a dynamic team where entrepreneurship, innovation and collaboration are at the core of our values.
- We offer competitive salaries and a multitude of benefits starting day one including generous medical and dental coverage, telemedicine, employee and family assistance program, and retirement and savings programs.
- We recognize the importance of work-life balance with our hybrid work program, wellness allowance, and year-round social activities and events.
As an Associate Consultant on our Benefits team, you will be responsible for provides management of the financial analysis for more complex and/or larger clients.
If you are career-minded and looking for a dynamic work environment with a growth mindset, you will love working among our team
The Business
Our Health and Group Benefits division provides a full range of consulting services to large, mid-size and small clients. These services include but are not limited to providing:
- Solutions encompassing creative plan design, vendor evaluation and management;
- Pricing and funding strategies;
- Compliance and governance strategies;
- Due diligence of group health plans;
- Benchmarking analysis;
- Redesign of group benefits plan to realign with client's benefit philosophy;
- Assistance for global clients with Canadian operations;
- Act as intermediary between clients and insurers.
- Analyze annual renewal for large and complex clients, conduct renewal negotiation with insurers, and prepare renewal reports.
- Prepare benefits program marketing specifications, analyze and comparing proposals from various insurers, prepare report summarizing results, and negotiate with selected insurers, if required
- Conduct various types of financial analysis such as financial experience update, renewal projection, financial reconciliation, etc.
- Review various insurance contracts and booklets to ensure accuracy.
- Review work prepared by junior associates.
- Support various consulting projects when needed.
- Build strong understanding of employee benefits program.
- Establish relationship with colleagues, external partners and with client teams to prepare Senior Associateship.
- Collaborate with colleagues to improve existing processes, tools and service offerings.
- Bachelor's degree in Math, Statistics, Actuarial Science, or a related field.
- Minimum of 6 years of experience in consulting or group benefits insurance.
- Valid group insurance license, an asset.
- Achievement of ASA / ACIA designation of the Society of Actuaries (SOA) / Canadian Institute of Actuaries (CIA), an asset.
- Strong analytical and mathematical skills.
- Ability to prioritize and handle multiple tasks in a demanding work environment.
- Attention to detail and quality.
- Effective time management and organizational skills.
- Experience using investment manager research databases preferred.
- Excellent technical skills working with Microsoft 365.
- Bilingual with strong verbal and written communication skills in French and in English.
Founded in 1987 by Barry F.Lorenzetti, BFL CANADA is one of the largest employee-owned and operated Risk Management, Insurance Brokerage, and Employee Benefits consulting services firms in North America. The firm has a team of over1,450 professionals located in 27 offices across the country.Thanks to its Local International Office Network of independent brokers (LION), BFL CANADA provides clients with privileged access to insurance partners in over 140 countries, helping to support their operations both in Canada and globally.
A subsidiary of BFL CANADA, BFL CANADA Benefits is a well-known and respected benefits consulting firm with more than 30 years of expertise in employee benefits including group and individual insurance, retirement planning and investment, and special risk insurance.
Office information
Our Calgary office is situated in Kensington, ten minutes away from the Peace Bridge. Employees often enjoy walking along the river during their lunch break with Princes Island being close by. Our office is easily accessible for employees by car and public transit and there are bike racks in our building
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BFL CANADA is an equal opportunity employer.
We welcomeand encourage applications from people with diverse abilities.BFL Canada is committed to fostering an environment that is diverse, equitable, inclusive and accessible to all. The diversity of our talents enables innovation and creativity through diverse backgrounds, different thinking and unique knowledge. Accommodations are available on request for candidates taking part in all aspects of the selection process.
Offers of employment at BFL CANADA are conditional upon satisfactory results of background verifications.
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