Large Market Benefits Analyst

People Corporation

24d

About The Position

The Large Market Benefits Analyst provides group benefits consulting support for large-market clients and prospects, including benefits plan design and financial management. The role works closely with internal consulting teams, interfaces with vendors, supports client deliverables, and helps ensure high-quality work output. At People Corporation, the analyst supports a national provider of benefits, retirement, wealth, wellness, and human resource solutions serving more than 20,000 clients and nearly 3 million Canadians.

Requirements

Post-secondary degree in actuarial science, business, mathematics, or a related discipline.
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 to meet client and company needs.
Ability to work collaboratively in a team environment and independently.
Strong written and verbal communication skills.
Excellent interpersonal skills.
Sensitivity to confidential information.

Nice To Haves

Knowledge of the Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plans.
Experience supporting large, flex, complex, or national groups.
Experience driving complex projects.
Experience 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.

Responsibilities

Contribute to the design and management of group medical, dental, life, disability, and special-risk benefits for clients.
Lead annual renewal analysis and carrier negotiations; prepare client reports and presentations.
Conduct experience reporting and budget projections, and review plan financial performance.
Review financial statements for accuracy and adherence to underwriting agreements.
Prepare and submit marketing specifications, analyses, cost comparisons, and recommendations, and prepare related reports.
Gather data and determine the cost impact of plan design changes.
Monitor carrier and provider service standards.
Support the consulting team in preparing documents for client presentations and meetings.
Participate in industry conferences and seminars to stay informed about industry trends and activities.
Build relationships with clients, carriers, and internal cross-functional teams.
Conduct plan design benchmarking studies.
Review benefits documentation, including contracts, booklets, collective agreements, and amendments, for accuracy.
Prepare or review master applications and other documentation for new sales submissions.
Monitor implementation to ensure deadlines are met, questions are answered, and forms are completed in time for the effective date.
Create client-specific dashboards.
Prepare detailed plan design documents using Excel templates and update them as required.
Identify opportunities to improve analytical tools, templates, processes, and service delivery standards.
Support actuarial valuations, modelling, and forecasting as required.
Perform other duties and special projects in support of departmental and organizational objectives.