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Group Benefits Analyst at People Corporation in Toronto, Ontario, CA
Skills
Job Description
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 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
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 3-5 years’ experience in analyst or related role in group benefits.
Advanced competency with Microsoft Excel.
Proficiency with Word, PowerPoint and Outlook.
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 20,000 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 we're 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 employee has the opportunity to reach their potential. If you require an accommodation or an alternative format of any posting please reach out to careers@peoplecorporation.com.
The base salary for this position is between $60,000 - $80,000 annually.
This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc.). The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are selected to move forward in our recruitment process, the Talent Acquisition Specialist will be able to provide additional details of the total compensation for this