Benefits Analyst
People Corporation
Job Description
We are looking for a Benefits Analyst to join our dynamic team of highâachieving professionals dedicated to delivering an exceptional client experience. As a Benefits Analyst, you'll play a key role in managing and supporting a portfolio of Group Insurance & Retirement (Pension) clients. You will provide group benefits consulting support, including design and financial management for our existing client block and prospective clients.
The Benefits Analyst will work closely with internal business development, client management and leadership teams, interface with vendors, support client deliverables, and ensure quality standards are met. We strongly encourage First Nations and Indigenous applicants to selfâdeclare in your cover letter. The Benefits Analyst Will Contribute to the overall design and management of group medical, dental, life, disability and special risk benefits for clients.
Annual renewal analysis and negotiations with carriers; prepare client reports and presentations. Experience reporting, budget projections and reviewing financial performance plans. Review financial statements for accuracy and adherence to underwriting agreements.
Conduct marketing; 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. Support the business development consultants and account management teams in preparing documents for client presentations, RFPâs and client meetings.
Participate in industry conferences, seminars, etc. to keep abreast of industry trends and activities. Build relationships with clients, carriers, and internal, crossâfunctional teams. Conduct plan design benchmarking studies.
Review all benefits documentation (contracts, booklets, collective agreement, amendments) for accuracy. Prepare detailed plan design documents using Microsoft Word, Excel and PowerPoint templates, and manage updates when required. Investigate and assist with resolving adâhoc claims and coverage issues for clients.
Supporting additional tasks and projects as needed. To be successful as a Benefits Analyst with Life Benefit Solutions, you will need Minimum 5 yearsâ experience in analysis in the group benefits space Knowledge of Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plans CEBS designation is not required, but a strong asset to the role Experience in group insurance, pension/retirement, or a related field (preferred, not required) A passion for delivering excellent client service Strong relationshipâbuilding skills and a genuine interest in community engagement Excellent communication skills, both written and verbal High attention to detail and strong organizational skills Ability to multitask, prioritize, and meet deadlines in a fastâpaced environment Effective problemâsolving and decisionâmaking capabilities A selfâstarter attitude with the ability to work independently and as part of a team Proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint) 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 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 Whatâs In It For You An opportunity to make a real impact in Indigenous communities across Canada Involvement in meaningful work supporting Truth and Reconciliation efforts Ongoing learning and collaboration with a supportive and experienced team Competitive compensation Comprehensive employee benefits and retirement programs A fun, flexible, and productive work environment Life Benefit Solutions, a division of People Corporation, is a trusted Group Insurance & Retirement Broker proudly serving Indigenous employers across Canada. We specialize in designing benefit programs that thoughtfully integrate NonâInsured Health Benefits (NIHB), supporting equity between Status and nonâStatus employees.
Our mission is to deliver customized, communityâconscious solutions that meet the unique needs of Indigenous and nonâIndigenous employees alike. 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.
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