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About the Role
Support a wide variety of projects involving the design, funding, measurement, and financial analysis of employer health and benefit programs. Contribute to client benefits strategy by managing the carrier procurement and negotiation process. Interface with client service teams and global delivery centers to ensure quality standards are met. Grow business acumen, financial, project management, negotiation, and communication skills.
Responsibilities
- Play an active support role in multiple client teams developing financial analyses, outputs and client deliverables.
- Develop working proficiency of core financial, actuarial and analytics theories, models and tools.
- Support accurate and reliable claim reporting and financial modeling to guide client decisions.
- Develop basic knowledge of all broad-based benefit programs.
- Assist with financial modeling of benefit plan designs, cost avoidance/funding strategies, and budget projections and rate/contribution development.
- Take responsibility for execution of specific tasks that contribute to financial, analytical and placement deliverables for clients.
- Manage follow-up questions/requests from carriers/vendors.
- Collect, summarize and analyze proposal findings; support negotiations, make recommendations for finalist carriers, and communicate to carriers.
- Design and manage placement deliverables with strict adherence to stated deadlines.
- Increase efficiency within client teams by identifying ways to improve processes.
- Build relationships internally and collaborate effectively on cross-functional teams.
- Partner with Global Delivery Centers and Client Service teams to deliver superior project management.
- Comply with internal excellence and compliance requirements.
- Contribute to the development of new intellectual capital.
Requirements
- 1+ years’ experience ideally gained in a benefit consulting / brokerage firm or health underwriting / actuarial function of an insurance company.
- Proven ability to manage multiple deliverables simultaneously and produce quality deliverables on time and within budget.
- Strong knowledge of benefit program products & services, underwriting and funding concepts.
- Experience with both traditional and flexible benefit programs – design elements, renewal pricing, analysis, risk assessment, negotiations, RFP process and analysis.
- Strong analytical thinker with experience working with data, developing insights to draw conclusions.
- A desire and ability to support the client team in expanding relationships with clients.
- Proven ability to identify and resolve issues with limited information.
- Polished and well developed written and verbal communication skills.
- Self-starter attitude, curious with an ability to work independently and as part of a team.
- Creative and integrative skills.
- Ability to direct work of more junior colleagues and provide feedback.
- Excellent Microsoft Office skills, particularly in Excel and PowerPoint.
- Life and Health license required within 180 days of joining.
- Relevant experience and/or university degree.
Skills
- Financial analysis
- Project management
- Negotiation
- Communication
- Microsoft Excel
- Microsoft PowerPoint
Experience Level
- 1+ years
Education Level
- University degree
Salary/Compensations
- $65,000 to $80,000 CAD per year
Benefits
- Annual short-term incentive bonus
About the Company
- This job posting is an advertisement for an existing vacancy.
Equal Opportunity
- Equal Opportunity Employer