- Collect, analyze, and interpret group benefit plan renewals
- Negotiate renewal ratings with insurance providers
- Analyze and compare insurance products, services, and contracts
- Potential to assist with actuarial valuations and benefit plan reserves
- Perform plan audits and design deliverables for prospective clients
- Prepare and draft client deliverables for review by the consultant
- Provide quarterly analysis of cost drivers by reviewing client's claims experience data
- Design, distribute, and evaluate responses to surveys/requests for proposals
- Assist with pricing and summarizing impacts of design alternatives
- Provide peer review of work completed by peers
- Provide support for new projects
- Provide direct day-to-day problem-solving support for clients by phone and e-mail
- Act as the point of contact during consultant absences
- Review contracts and compare with employee booklets/update employee booklets
- Facilitate occasional employee presentations
- Support the internal administration team including updating tools and processes
- Review websites and bills delivered by our administration system
- Facilitate communication between internal departments
- A bachelor's degree in business, finance, statistics, actuarial science, or equivalent work experience
- A minimum of 5 years of relevant experience in group benefits analysis or consulting
- Proven ability to dissect complex data, interpret benefit plan renewals, and analyze claims experience data to identify trends and cost drivers
- Exceptional attention to detail for conducting plan audits, drafting precise client deliverables, and reviewing contracts thoroughly
- Comfort with numbers is a must, with the potential to assist in actuarial valuations and calculating benefit plan reserves
- Strong negotiation skills with a track record of successfully negotiating terms and rates with insurance providers
- Strong proficiency in MS Office, especially Excel, and other data analysis tools.
- A customer-focused mindset with the capability to address client concerns with empathy and professionalism
- Ability to work collaboratively within a team and act as a point of contact in a consultant's absence, ensuring seamless client service
- Excellent written and verbal communication skills for creating reports, facilitating presentations, and providing clear client support
- Willingness to take on new challenges, learn new processes, and proactively support continuous improvement efforts
- Certification in relevant fields (e.g., CEBS, GBA, CLU, actuarial exams) is a plus
- Flexibility to adapt to new situations and to work beyond traditional hours when necessary to meet client needs
- Enjoy a competitive pay structure that includes incentives, bonuses, and more ways to increase your earnings.
- Balance your life with flexible work arrangements and generous time off.
- Benefit from a comprehensive package tailored to your needs, including company-matched RRSPs.
- Invest in your future with HUB-sponsored training and development programs. We even offer tuition reimbursement opportunities.
- Rest easy with reimbursements for professional license fees and membership dues.
- Avail special perks including discounts on events, travel, accommodations, and personal home & auto insurance.
Senior Analyst - Toronto, Canada - Hub International
Description
Senior Analyst, Employee Benefits & Retirment
About The Role
An opportunity awaits you as an Employee Benefits Senior Analyst with HUB International's National Accounts Team
Imagine a role where you're much more than just a team member—you're a critical contributor, a problem-solver, and a trusted ally for our diverse clientele across various industries. With your expertise, you'll shine a light on solutions that enhance our life, disability, extended health, and dental care programs.
In your day-to-day, you'll do more than just answer questions – you'll be building connections, diving into data, and presenting financial insights that make a real difference.
We don't expect perfection, but a commitment to delivering thorough, high-quality work is what makes our team stand out. You're not just joining a team; you're continuing your journey in mastering the group benefits landscape, growing your knowledge, and truly understanding the intricate tapestry of our organization.
What You'll Do
Analytical & Consulting Work (70%)
Administration and client support (30%)
What You'll Need for Success
Why Choose HUB?
What's in it for you?
Your well-being is our priority, and we back this up with a wealth of benefits:
At HUB, we celebrate diversity, equity, and inclusion. We are committed to creating an environment where all our employees feel valued and empowered. In this light, we've designed our selection process to be accessible to everyone. We encourage you to let us know if you need any assistance or accommodation during the recruitment process. We believe in providing every candidate with an equal opportunity to succeed and thrive in our inclusive work environment.
For us, service is not just a value; it's our commitment. We uphold this commitment to our employees, clients, and communities. Each of our regional offices actively contributes to local causes, making a difference where it's needed most.
\#LI-hybrid
\#LI-EM
Department Business Operations
Required Experience: 2-5 years of relevant experience
Required Travel: No Travel Required
Required Education: Bachelor's degree (4-year degree)
Hi, we're HUB.
In a rapidly changing world, we advise businesses and individuals on how to prepare for the unexpected.
When you partner with us, you're at the center of a vast network of experts who will help you reach your goals through risk services, claims management, and compliance support.
And this gives you the peace of mind that what matters most to you will be protected — through unrelenting advocacy and tailored insurance solutions that put you in control.
About HUB International
Headquartered in Chicago, Illinois, HUB International Limited (HUB) is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. From offices located throughout North America, HUB's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.