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About the Role

The Senior Business Development Analyst leads the financial and analytical work for group benefits programs, interpreting claims experience, modeling alternatives, and developing financial recommendations. This role partners directly with the VP of Enterprise Group Solutions to shape group benefits consulting for large enterprise clients, operating at the intersection of financial rigor, creative problem solving, and client impact.

Responsibilities

Analyze claims experience to identify utilization patterns, cost drivers, and trend assumptions, presenting findings in a client-relevant context.
Conduct experience analysis, including risk assessment, credibility weighting, and variance analysis to evaluate the financial sustainability of benefit programs.
Develop multi-year forecasts and budget projections incorporating trend, demographic, and scenario assumptions.
Model the financial impact of plan design changes, flex credit structures, contribution strategies, and pricing scenarios.
Benchmark plan cost and design competitiveness against relevant market data.
Monitor industry trends, emerging risks, and funding innovations, and apply them to modeling.
Lead renewal financial strategy, including rate validation, margin analysis, and carrier negotiation.
Lead financial marketing exercises, including specifications, pricing normalization, and comparative analysis across carriers and funding arrangements.
Evaluate carrier and vendor performance against contractual terms, including ASO fees, retention, and financial guarantees.
Prepare executive-level financial reports and presentations for senior client stakeholders.
Oversee portfolio-level financial reporting, including commission tracking, fee reconciliation, and cost reporting.
Conduct peer review of work produced by other analysts, ensuring accuracy and methodological consistency.
Review ASO contracts, amendments, retention agreements, and pricing schedules for accuracy and financial integrity.

Requirements

5 years of experience in the Canadian group benefits industry, with exposure to financial underwriting across various employee benefit plans.
Advanced proficiency in Microsoft Excel, with solid working knowledge of Word, PowerPoint, and Outlook.
Strong analytical and problem-solving abilities, with a meticulous attention to detail and a commitment to accuracy.
Excellent organizational and time management skills, with the ability to prioritize competing demands effectively.
Clear and confident communication skills, both written and verbal.
Ability to work independently while thriving in a collaborative team environment.
Customer-focused mindset, with a desire to contribute to a high-performing, client-centric culture.
Growth-oriented attitude, with a willingness to learn and adapt in a dynamic environment.
Prior experience in group insurance underwriting is a strong asset, though not mandatory.

Skills

Financial analysis
Claims experience interpretation
Modeling plan and funding alternatives
Financial recommendations development
Client strategy
Microsoft Excel
Microsoft Word
Microsoft PowerPoint
Microsoft Outlook
Analytical skills
Problem-solving
Attention to detail
Organizational skills
Time management
Communication skills (written and verbal)
Collaboration
Customer focus
Adaptability

Location

Canada

Work Type

Full-time

Experience Level

Senior
5 years of experience

Salary/Compensations

$80,000 - $100,000 annually

Benefits

Extended health care and dental benefits
Retirement savings plan with company contributions
Health & Wellness offerings
Mental Health programs and support
Assistance for the completion of industry designations
Competitive compensation
Comprehensive group benefits plan
Generous retirement savings plan

About the Company

People Corporation is 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.
We value our employees and provide competitive salaries, a comprehensive group benefits plan, and a generous retirement savings plan.
To learn more about our Partner Firms, please click on the link below. https://www.peoplecorporation.com/en-ca/about-us/our-partner-firms

Equal Opportunity

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 careers@peoplecorporation.com.
For more information on Accessibility at People Corporation, visit our link https://www.peoplecorporation.com/en-ca/accessibility-statement.