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Benefits Analyst

salary Salary :

$75,000 - 85,000 yearly

icon briefcase Job Type : Full Time

Number of Applicants

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000+

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Job Description - Benefits Analyst

We are hiring a Benefits Analyst to join our team!

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 will:

  • Contribute to the overall design and management of group medical, dental, life, disability and special risk benefits for clients.

  • Annual renewal analysis and negotiations with carriers; prepare client reports and presentations

  • 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

  • Assist with plan design benchmarking studies 

  • Assist clients during the 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 with People Corporation, you will need:

  • Minimum 1 year experience in group benefits

  • Knowledge of Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plan

  • Post-secondary education in mathematics, or finance is an asset

  • Experience in the public sector (hospitals, healthcare, municipalities) is an asset

  • 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

  • Strong analytical skills

  • 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

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

  • 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.

We are committed to providing an inclusive, accessible environment, where all employees and clients feel valued, respected, and supported. 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 [email protected].
 

The base salary 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). 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.

Original job Benefits Analyst posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.
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