Benefits Analyst

Posted 2 Days Ago
Be an Early Applicant
3 Locations
In-Office
65K-85K Annually
Senior level
HR Tech • Insurance • Professional Services • Financial Services
The Role
Manage and support group insurance and retirement clients, design and analyze benefit plans, conduct renewals and marketings, prepare financial reports and client presentations, resolve claims issues, and build relationships with carriers and clients.
Summary Generated by Built In
We are looking for a Benefits Analyst to join our dynamic team of high-achieving 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 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

To be successful as a Benefits Analyst with Life Benefit Solutions, you will need:
  • 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  

What’s 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 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. 

Skills Required

  • Minimum 5 years' experience as an analyst in the group benefits space
  • Knowledge of Canadian benefits industry and group benefits financial underwriting requirements
  • Proficiency in Microsoft Excel (advanced competency)
  • Proficiency in Microsoft Word, PowerPoint and Outlook
  • CEBS designation
  • Experience in group insurance, pension/retirement, or a related field
  • Strong analytical skills
  • Excellent written and verbal communication skills
  • High attention to detail and strong organizational skills
  • Ability to multitask, prioritize, and meet deadlines in a fast-paced environment
  • Ability to work independently and as part of a team
  • Sensitivity to confidential information
  • Experience preparing financial reports, budget projections, and conducting renewal negotiations with carriers
  • Experience preparing client presentations, RFPs, and marketing reports
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The Company
904 Employees
Year Founded: 2007

What We Do

People Corporation is a national provider of integrated, people-oriented HR solutions in Canada. Their mission is to reimagine traditional benefits by providing expert support in group benefits, health and wellness, disability management, wealth solutions, and human resources. They help both organizations and individuals make informed choices about their wellbeing, allowing them to reach their full potential and strengthen the communities they serve.

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