Benefit Analyst

People Corporation; Burnaby; On-site; CAD 65,000 - 70,000; Full time

Benefits offered by this job

Extended health care

Dental benefits

Retirement savings plan

Wellness programs

Mental health support

Job summary

People Corporation is seeking a Benefits Analyst to design and manage group benefits programs, including medical, dental, life, disability, and related areas. You will analyze renewals with carriers, prepare client reports, and support proposals and presentations while collaborating with internal teams and vendors.

Ideal candidates have 1–2 years in an analyst role, strong Excel skills, and the ability to prioritize competing demands.

Qualifications

• Post secondary diploma or degree in business, mathematics or related disciplines.
• 1-2 years’ experience in analyst or related role.
• Advanced competency with Microsoft Excel.
• Proficiency with Word, PowerPoint and Outlook.
• Strong analytical skills.
• Excellent organizational skills with high level of accuracy.
• Ability to manage and prioritize competing demands to meet client and company needs.
• Ability to work independently and in a team environment.
• Strong written and verbal communication skills.
• Excellent interpersonal skills.
• Sensitivity to confidential information.

Responsibilities

• 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. to keep abreast of industry trends and activities.
• Build relationships with clients, carriers, and internal, cross-functional teams.

Skills

Excel

Analytical skills

Written & verbal communication

Organizational skills

Interpersonal skills

Team collaboration

Attention to detail

Prioritization

Education

Business/Math degree

Tools

Power BI

Tableau

MS Office

Job description

The Benefits Analyst will provide group benefits consulting support, including design and financial management for 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 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.

To be successful as a Benefits Analyst with People Corporation, you will need:

• Post secondary diploma or degree in business, mathematics or related disciplines.
• 1-2 years’ experience in analyst or related role.
• 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.
• Excellent interpersonal skills.
• Sensitivity to confidential information.

All-star Candidates Will Have

• Experience in group benefits.
• Knowledge of Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plans.
• Experience with dashboards such as PowerBi or Tableau.

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 employeehas the opportunity toreach their potential.

If you require an accommodation or an alternative format of any posting please reach out to [e-mail].

Salary Range

The base salary for this position is between $65,000 - $70,000 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. Please update