Group Benefits Analyst

People Corporation

15h

About The Position

The Benefits Analyst will provide group benefits consulting support, including design, financial management and ongoing servicing 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.

Requirements

• Post secondary diploma or degree in business, mathematics or related disciplines.
• Minimum 3-5 years’ experience in analyst or related role in group benefits.
• Advanced competency with Microsoft Excel.
• Proficiency with Word, PowerPoint and Outlook.

Responsibilities

• 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 marketing's 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, 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.
• 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

Benefits

• Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we're committed to.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree