Reporting and Benefits Consultant

01 Apr 2024

Full-time, Permanent
Toronto, ON
$75,000 / per Year
Job Details:

Our client in Toronto has an immediate permanent opportunity for a Reporting and Benefits Consultant.

Candidates are invited to submit their resumes at Staffworks thanks all candidates for their interest; however only those selected to continue in the process will be contacted.

  • Responsibilities
    Job Responsibilities:
    • Understand the complexities of group benefits products available.
    • Handle all aspects of a group benefits renewal, including analyzing the insurer’s proposed position and negotiating the best result available for each client.
    • Handle all aspects of marketing, including preparation of specifications, responding to the market’s queries, summarization, and comparison of all quotes received.
    • Where applicable, review the accuracy of refund‐accounted or ASO financial reconciliations provided by insurer.
    • Write comprehensive reports‐‐whether for renewal, marketing, or financial reconciliation‐‐including meaningful descriptions, analysis, and recommendations.
    • Calculate projected renewal rating and include a detailed rationale for the results for clients’ budgeting purposes.
    • Review experience based on individual client requirements, as outlined by the Consultant.
    • Prepare pricing for plan design changes and illustrate the financial implications to client.
    • Conduct plan benchmarking, assist with recommendations for improvements in plan designs, and help to identify any areas of risk for the client
  • Requirements
    • 3+ years of experience in a Group Benefits consulting environment in a technical role or as a Group Benefits Underwriter.
    • Robust understanding of various underwriting and funding arrangements.
    • Excellent numerical and analytical skills.
    • Superior verbal and written communication skills.
    • Ability to multi‐task and prioritize workload.
    • Ability to work independently.
    • University or College degree.
    • Interest in acquiring the Certified Employee Benefit Specialist (CEBS) designation.
    • High proficiency in Microsoft Word, Excel, and PowerPoint
    • Prepare presentations for client and prospect meetings.
    • Attend client meetings with Consultants and act as a technical resource.
    • Update workflow on a regular basis, at least weekly.
    • Communicate regularly with management regarding developing trends.
    • Continually build strong working relationships with insurers.
    • Other duties as assigned, including but not limited to backing‐up other Reporting and Analytics teams members
  • Accessibility
    Staffworks thanks all candidates for their interest; however only those selected to continue in the process will be contacted. We are an inclusive employer committed to diversity and inclusion. We encourage qualified applicants of all ages, races, colours, ethnic origins, religions, abilities, gender identities and sexual orientations to apply. If you are selected for an interview, please inform your recruiter of your accommodation requirements.
Apply now

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