Job Description
Full job description
We are looking for a Benefits Analyst to join our team in Toronto.
The Benefits Analyst will provide group benefits consulting support, including design and financial management for
existing medium 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.
The Benefits Analyst (Term) will:
Contribute to the overall design and management of group medical, dental, life, disability and special risk benefits for clients.
Perform annual renewal analysis and negotiations with carriers; prepare client reports and presentations
Complete experience reporting, budget projections and reviewing plan financial performance
Review financial statements for accuracy and adherence to underwriting agreements
Gather data and determine cost impact for plan design changes
Conduct marketings; including preparing and submitting specifications, analysis, cost comparisons and recommendations on marketing responses, and preparing marketing report
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:
Assist with plan design benchmarking studies
Assist clients during union bargaining process
Assist with carrier transition by supporting the service team with required financial information
Prepare ad hoc reporting for clients or consultants as needed
To be successful as a Benefits Analyst (Term) with People Corporation, 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
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
CEBS or willing to obtain
Ability 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
All-star candidates will have:
Bilingualism in both English and French
What’s in it for you:
Learn by working alongside our experts
Extended health care and dental benefits
A retirement savings plan with company contributions
A suite of Health & Wellness offerings
Mental Health programs and support for you and your family
Assistance for the completion of industry designations
Competitive compensation
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 [email protected].
We are looking for a Benefits Analyst to join our team in Toronto.
The Benefits Analyst will provide group benefits consulting support, including design and financial management for
existing medium 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.
The Benefits Analyst (Term) will:
Contribute to the overall design and management of group medical, dental, life, disability and special risk benefits for clients.
Perform annual renewal analysis and negotiations with carriers; prepare client reports and presentations
Complete experience reporting, budget projections and reviewing plan financial performance
Review financial statements for accuracy and adherence to underwriting agreements
Gather data and determine cost impact for plan design changes
Conduct marketings; including preparing and submitting specifications, analysis, cost comparisons and recommendations on marketing responses, and preparing marketing report
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:
Assist with plan design benchmarking studies
Assist clients during union bargaining process
Assist with carrier transition by supporting the service team with required financial information
Prepare ad hoc reporting for clients or consultants as needed
To be successful as a Benefits Analyst (Term) with People Corporation, 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
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
CEBS or willing to obtain
Ability 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
All-star candidates will have:
Bilingualism in both English and French
What’s in it for you:
Learn by working alongside our experts
Extended health care and dental benefits
A retirement savings plan with company contributions
A suite of Health & Wellness offerings
Mental Health programs and support for you and your family
Assistance for the completion of industry designations
Competitive compensation
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 [email protected].
💡 Quick Summary
Seeking a career-building opportunity? The Benefit Analyst position is now open for candidates interested in the Remote Jobs sector. This role in Toronto offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Remote Jobs is a plus.
