Job Description
The Large Market Benefits Analyst will provide group benefits consulting support for large market clients, including design and financial management for clients and prospects. The Large Market Benefits Analyst will work closely with internal consulting teams, interface with vendors, support client deliverables and ensure a high degree of quality in work output.
The Large Market Benefits Analyst Will:
- Contribute to the overall design and management of group medical, dental, life, disability and special risk benefits for clients
- Lead annual renewal analysis and negotiations with carriers; prepare client reports and presentations
- Conduct experience reporting, budget projections and reviewing plan financial performance
- Review financial statements for accuracy and adherence to underwriting agreements
- Conduct marketings by preparing and submitting specifications, analysis, cost comparisons, recommendation and preparing report
- Gather data and determine cost impact for plan design changes
- Monitor carrier/provider service 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
- Conduct plan design benchmarking studies
- Review all benefits documentation (contracts, booklets, collective agreement, amendments for accuracy)
- Prepare/review master application and all other documentation for new sales submissions
- Monitor implementation process to ensure deadlines met, questions answered, all forms completed in order to meet effective date
- Create dashboards for client specific needs
- Prepare detailed plan design documents using excel template and update when required
- Identify opportunities to improve analytical tools, templates, processes and service delivery standards
- Perform other duties and special projects as assigned in support of departmental and organizational objectives
- Support actuarial valuations, modelling and forecasting work as required
To be successful as a Large Market Benefits Analyst with People Corporation, you will need:
- Post-secondary degree in actuarial science, business, mathematics or related disciplines
- 3-5 years’ of experience in an analyst or related role
- Advanced competency with Microsoft Excel
- Proficiency with Word, PowerPoint, Power BI, Tableau and Outlook
- Strong analytical skills
- Excellent organizational and problem solving skills with strong attention to detail and a high level of accuracy
- Ability to manage and prioritize competing demands in order to meet client and company needs
- Ability to work both collaboratively with others in a team environment and independently
- Strong written and verbal communication skills
- Excellent interpersonal skills
- Sensitivity to confidential information
All-star candidates will have:
- Knowledge of Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plans
- Experience supporting large, flex, complex or national groups is an asset
- Experience driving complex projects
- Experience working with valuation software, setting assumptions and working with modelling tools
- GBA, CEBS, ASA/ACIA, FSA/FCIA, or another relevant industry designation (or progress toward one) is considered an asset
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.
Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to. 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. If you require an accommodation or an alternative format of any posting please reach out to careers@peoplecorporation.com.
The base salary range for this position is between $75,000 - $85,000 annually.
This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc). The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are selected to move forward in our recruitment process, the Talent Acquisition Specialist will be able to provide additional details of the total compensation for this role.
