Benefits Analyst

Posted 10 Days Ago
Be an Early Applicant
Ottawa, ON, CAN
In-Office
70K-85K Annually
Mid level
HR Tech • Insurance • Professional Services • Financial Services
The Role
Provides group employee benefits consulting support for medium and large clients. Responsibilities include benefits plan design, renewal analysis, carrier negotiations, financial reporting, budget projections, cost-impact analysis, underwriting review, market comparisons, client presentations, and relationship management with clients, vendors, carriers, and internal teams. The role requires strong analytical, organizational, communication, and Excel skills, plus knowledge of Canadian benefits and financial underwriting.
Summary Generated by Built In
The Benefits Analyst will provide group benefits consulting support, including design and financial management for existing medium and large 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 reports

  • 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 Meldrum Horne, you will need:
  • 2 - 5 years of professional experience in group benefits

  • Completion of a bachelor's degree in Mathematics, Actuarial Science, Business Administration, Finance, or a related field.

  • Knowledge of Canadian benefits industry and group benefits financial underwriting requirements for all types of employee benefits plans

  • Advanced competency with Microsoft Excel

  • Proficiency with Microsoft 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 

All-star candidates will have: 
  • Fluency in both English & French

  • Completion of an industry designations: GBA, CEBS, or LLQP

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

    Meldrum Horne is a locally owned and Ottawa-based employee benefits and financial consulting firm dedicated to helping organizations attract, retain, and support their people. Through innovative and customized solutions, we provide expertise in employee benefits, group retirement plans, individual financial planning, life insurance, and estate planning for organizations of all sizes, from small businesses to large national and international employers. As a partner firm of People Corporation, Meldrum Horne is part of one of Canada's leading providers of group benefits, retirement, and human resource solutions.

    The base salary range for this position is $70,000 - $85,000 per annum.

    This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, 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

    • 2–5 years of professional experience in group benefits
    • Bachelor’s degree in Mathematics, Actuarial Science, Business Administration, Finance, or a related field
    • Knowledge of the Canadian benefits industry and group benefits financial underwriting requirements
    • Advanced competency with Microsoft Excel
    • Proficiency with Microsoft Word, PowerPoint, and Outlook
    • Strong analytical skills
    • Excellent organizational skills and attention to detail
    • Ability to manage and prioritize competing demands
    • Ability to work independently and in a team environment
    • Strong written and verbal communication skills
    • Sensitivity to confidential information
    • Fluency in English and French
    • Industry designation such as GBA, CEBS, or LLQP
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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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