Senior Business Development Analyst

People Corporation•Toronto, ON

1d•CA$80,000 - CA$100,000•Onsite

About The Position

The Senior Business Development Analyst leads the financial and analytical work that underpins client strategy across a portfolio of group benefits programs. You will be responsible for interpreting claims experience, modeling plan and funding alternatives, and developing the financial recommendations that consultants and clients rely on at renewal and throughout the year. The role requires strong technical depth, sound judgment, and the ability to translate analysis into clear direction for senior stakeholders. This is more than an analyst role. It is a seat at the table where strategy meets execution. You will partner directly with our VP of Enterprise Group Solutions to shape how we design, deliver, and evolve group benefits consulting for large group Enterprise clients. If you thrive at the intersection of financial rigor, creative problem solving, and meaningful client impact, this role was built for you.

Requirements

5 years of experience in the Canadian group benefits industry, with exposure to financial underwriting across various employee benefit plans
Advanced proficiency in Microsoft Excel, with solid working knowledge of Word, PowerPoint, and Outlook
Strong analytical and problem-solving abilities, with a meticulous attention to detail and a commitment to accuracy
Excellent organizational and time management skills, with the ability to prioritize competing demands effectively
Clear and confident communication skills, both written and verbal
Ability to work independently while thriving in a collaborative team environment
Customer-focused mindset, with a desire to contribute to a high-performing, client-centric culture
Growth-oriented attitude, with a willingness to learn and adapt in a dynamic environment

Nice To Haves

Prior experience in group insurance underwriting is a strong asset, though not mandatory

Responsibilities

Analyze claims experience to identify utilization patterns, cost drivers, and trend assumptions, and present findings in a client-relevant context
Conduct experience analysis, including risk assessment, credibility weighting, and variance analysis to evaluate the financial sustainability of benefit programs
Develop multi-year forecasts and budget projections incorporating trend, demographic, and scenario assumptions
Model the financial impact of plan design changes, flex credit structures, contribution strategies, and pricing scenarios
Benchmark plan cost and design competitiveness against relevant market data
Monitor industry trends, emerging risks, and funding innovations, and apply them to modeling
Lead renewal financial strategy, including rate validation, margin analysis, and carrier negotiation
Lead financial marketing exercises, including specifications, pricing normalization, and comparative analysis across carriers and funding arrangements
Evaluate carrier and vendor performance against contractual terms, including ASO fees, retention, and financial guarantees
Prepare executive-level financial reports and presentations for senior client stakeholders
Oversee portfolio-level financial reporting, including commission tracking, fee reconciliation, and cost reporting
Conduct peer review of work produced by other analysts, including experience reports, pricing analyses, and financial reporting, ensuring accuracy and methodological consistency
Review ASO contracts, amendments, retention agreements, and pricing schedules for accuracy and financial integrity