Benefits Analyst - Toronto, Canada - People Corporation

People Corporation

Verified Company

Toronto, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

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.

The
Benefits Analyst will provide group benefits consulting support, including design and financial management for existing Enterprise and large 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.

In this role, you will:

Contribute to the overall design and management of group medical, dental, life, disability and special risk benefits for clients.
Complete the annual renewal analysis and negotiations with carriers; prepare client reports and presentations
Create reports, budget projections and reviews plan financial performance
Review financial statements for accuracy and adherence to underwriting agreements
Conduct marketings; including preparing and submitting specifications, analysis, cost comparisons and recommendations on marketing responses, and preparing marketing 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, crossfunctional teams

Other responsibilities may also include, as needed:

Conducting plan design benchmarking studies
Reviewing all benefits documentation (contracts, booklets, collective agreement, amendments) for accuracy
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

In order to be successful in the Benefits Analyst role, you will need:

Minimum 2 years' experience in group benefits
Knowledge of Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plans
LLQP, CEBS or willing to obtain
Advanced competency with Microsoft Excel
Proficiency with Word, PowerPoint and Outlook
Strong analytical skills
Excellent organizational skills with strong attention to detail and high level of accuracy
Drive 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
Sensitivity to confidential information

What's in It for You: