Large Market Benefits Analyst

Overview

The Large Market Benefits Analyst provides group benefits consulting support for large market clients, including benefits design and financial management for clients and prospects. This role works closely with internal consulting teams, interfaces with vendors, supports client deliverables, and helps ensure high-quality work output.

Responsibilities

• 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 review plan financial performance
• Review financial statements for accuracy and adherence to underwriting agreements
• Perform marketings by preparing and submitting specifications, analysis, cost comparisons, recommendations, and reports
• Gather data and determine cost impact for plan design changes
• Monitor carrier/provider service standards
• Support consulting teams by preparing documents for client presentations and meetings
• Participate in industry conferences and seminars to stay current on industry trends and activities
• Build relationships with clients, carriers, and internal cross-functional teams
• Conduct plan design benchmarking studies
• Review benefits documentation (contracts, booklets, collective agreements, amendments) for accuracy
• Prepare and/or review master application and other documentation for new sales submissions
• Monitor implementation processes to ensure deadlines are met, questions are answered, and all forms are completed to meet the effective date
• Create dashboards for client-specific needs
• Prepare detailed plan design documents using Excel templates and update when required
• Identify opportunities to improve analytical tools, templates, processes, and service delivery standards
• Support actuarial valuations, modelling, and forecasting work as required
• Perform other duties and special projects as assigned in support of departmental and organizational objectives

Requirements

• Post-secondary degree in actuarial science, business, mathematics, or related disciplines
• 3–5 years’ experience in an analyst or related role
• Advanced competency with Microsoft Excel
• Proficiency with Word, PowerPoint, Power BI, Tableau, and Outlook
• Strong analytical skills
• Excellent organizational and problem-solving skills with strong attention to detail and a high level of accuracy
• Ability to manage and prioritize competing demands to meet client and organizational needs
• Ability to work collaboratively in a team environment and independently
• Strong written and verbal communication skills
• Excellent interpersonal skills
• Sensitivity to confidential information

Preferred Qualifications

• Knowledge of Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plans
• Experience supporting large, flex, complex, or national groups (asset)
• Experience driving complex projects (asset)
• Experience working with valuation software, setting assumptions, and using modelling tools (asset)
• GBA, CEBS, ASA/ACIA, FSA/FCIA, or another relevant industry designation (or progress toward one) (asset)

Compensation & Benefits

• 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 completion of industry designations
• Competitive compensation

Base salary range: $75,000 – $85,000 annually

Base salary only; does not represent other variable compensation components (e.g., annual bonus, commission). Actual base salary may vary based on local market conditions, geography, and relevant job-related factors including knowledge, skills, qualifications, experience, and education/training.

Location

Not specified in the provided job description.