Group Benefits Analyst

Toronto - Canada

Monthly Salary: Not Disclosed

Posted on: Yesterday

Vacancies: 1 Vacancy

Job Summary

The Group Benefits Analyst will provide group benefits consulting support including design and financial management for existing 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 Group 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 recommendations preparing report
Gather data and determine cost impact for plan design changes
Monitor carrier/provider services standards
Support the consulting team in preparing documents for client presentations and meetings
Participate in industry conferences seminars order to keep abreast of industry trends and activities
Build relationships with clients carriers and internal cross-functional teams

Other responsibilities may also include as needed:

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.
Prepare detailed plan design documents using excel template and update when required
Investigate and assist with resolving ad hoc claims and coverage issues for clients

To be successful as a Group Benefits Analyst with People Corporation you will need:

Post secondary diploma or degree in business mathematics or related disciplines.
Minimum 2-3 years experience in analyst or related role in group benefits.
Advanced competency with Microsoft Excel.
Proficiency with Word PowerPoint and Outlook.
Excellent organizational skills with strong attention to detail and high level of accuracy.
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.

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.

Providing an inclusive accessible environment where all employees and clients feel valued respected and supported is something were 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 employeehas the opportunity toreach their potential. If you require an accommodation or an alternative format of any posting please reach out to.

Required Experience:

The Group 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 recommendations preparing report
Gather data and determine cost impact for plan design changes
Monitor carrier/provider services standards
Support the consulting team in preparing documents for client presentations and meetings
Participate in industry conferences seminars order to keep abreast of industry trends and activities
Build relationships with clients carriers and internal cross-functional teams

Other responsibilities may also include as needed:

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.
Prepare detailed plan design documents using excel template and update when required
Investigate and assist with resolving ad hoc claims and coverage issues for clients

To be successful as a Group Benefits Analyst with People Corporation you will need:

Post secondary diploma or degree in business mathematics or related disciplines.
Minimum 2-3 years experience in analyst or related role in group benefits.
Advanced competency with Microsoft Excel.
Proficiency with Word PowerPoint and Outlook.
Excellent organizational skills with strong attention to detail and high level of accuracy.
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.