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 self-declare 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 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.
Support the business development consultants and account management teams in preparing documents for client presentations, RFP’s and client meetings.
Participate in industry conferences, seminars, etc. to keep abreast of industry trends and activities.
Build relationships with clients, carriers, and internal, cross-functional 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 ad hoc claims and coverage issues for clients.
Supporting additional tasks and projects as needed
Minimum 3 years’ experience as an 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 relationship-building 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 fast-paced environment
Effective problem-solving and decision-making capabilities
A self-starter 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
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 Non-Insured Health Benefits (NIHB), supporting equity between Status and non-Status employees. Our mission is to deliver customized, community-conscious solutions that meet the unique needs of Indigenous and non-Indigenous 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. If you require an accommodation or an alternative format of any posting please reach out to [email protected].
Salary Range
The base salary for this position is between $65,000 - $85,000 annually.
This represents base salary only and does not represent other variable compensation components of our total compensation (i.e. annual bonus, commission etc). The actual base salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. If you are selected to move forward in our recruitment process, the Talent Acquisition Specialist will be able to provide additional details of the total compensation for this role.
