drjobs Director, Benefit Analytics

Director, Benefit Analytics

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1 Vacancy
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Job Location drjobs

Toronto - Canada

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

The Director Benefits Analytics is responsible for leading the underwriting / analyst department supporting public sector clients developing sound underwriting strategies policies and procedures and ensuring consistent and profitable risk selection across all lines of business. This individual will oversee a team of benefit analysts ensure compliance with regulatory requirements and support overall company growth by maintaining underwriting integrity and profitability.

The Director Benefit Analytics will:

  • Strategic Analytics & Reporting

    • Lead the development and delivery of benefit analytics and dashboards that provide insights into benefit utilization cost trends employee engagement and ROI.

    • Create reporting tools and templates using data analytics to ensure clients are provided with strategic analysis of their benefits plan performance trends and sustainability.

    • Monitor and forecast healthcare claims costs and utilization patterns.

    • Use data and analytics to continuously improve underwriting processes and standard operating guidelines to be implemented.

  • Benefits Optimization & Modeling

    • Create scenario modeling and cost/benefit analysis to assess plan design changes vendor negotiations and new benefit offerings.

    • Analyze industry benchmarks and internal data to identify gaps and opportunities for improvement.

    • Collaborate with the consulting team to manage benefits budgeting and forecasting deliverables for clients.

  • Team Management:

    • Lead mentor and develop a team of benefit analysts.

    • Establish training programs to ensure team members stay current on industry standards and best practices.

    • Oversee annual evaluation of team members.

    • Promote a culture of data-driven decision-making and continuous improvement.

  • Compliance & Quality Assurance:

    • Monitor adherence to internal guidelines regulatory requirements and reinsurance treaties.

    • Implement quality control procedures to maintain accuracy and integrity of client deliverables.

  • Business Development Support:

    • Partner with sales product and marketing teams to evaluate new product opportunities and market segments.

    • Provide underwriting input on pricing strategies and product design.

    • Participate in the RFP process for new sales.

    • Serve as a subject matter expert as needed.

To be a successful Director Benefit Analytics you will need:

  • Bachelors degree in business finance insurance or a related field.

  • 5 years of underwriting experience in group benefits.

  • Experience working with public sector clients considered an asset.

  • Deep knowledge of underwriting principles risk management and industry regulations.

  • Strong leadership analytical and decision-making skills.

  • Excellent communication and interpersonal skills.

  • Experience with underwriting and data analytics tools.

  • Demonstrated success in managing change and driving operational efficiency.

  • M365 including proficiency in Excel.

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 20000 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


Required Experience:

Director

Employment Type

Full-Time

Company Industry

About Company

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