Health & Benefits Senior Financial / Analytical Associate

October 25 2024
Industries Legal
Categories Bank, Insurance, Financial services,
Toronto, ON • Full time

Description

As a Senior Associate you will be a key member of the client team providing deep financial and technical expertise. You will contribute significantly to a wide variety of complex analyses and projects involving the design, financing, and measurement and financial analysis of the full spectrum of employer group benefit programs including medical, dental, life, disability, and optional benefits. You will interface with carriers, vendors, and client service teams and contribute materially to the preparation of complex analyses to clients, ensuring quality standards are met. You will have the opportunity to position yourself as a thinker, providing critical support on more complex financial projects and you will contribute your analytical expertise to aid in developing our strong intellectual capital.

The Role

  • Develops knowledge of client complexities by working across different client segments, leading financial engagements for a portfolio of clients and managing analyst resources to coordinate effective delivery of complex deliverables such as flexible benefit pricing, renewals and risk assessment
  • Demonstrates advanced knowledge in benefit plan design, underwriting and funding concepts, carrier / vendor renewals and RFP's
  • Is a key member on multiple employer client teams supporting financial analyses, outputs and client deliverables
  • Provides direction to larger clients in conjunction with the client team on benefit plan analysis, design, cost avoidance, risk and funding strategies
  • Reviews technical and consulting accuracy on multiple types of client projects
  • Develops pricing, models design alternatives, ensures reasonability of results
  • Communicates financial/analytic results to effectively drive client action
  • Partners with Global Delivery Centers and Client Service teams to deliver superior project management and reporting
  • Builds strong relationships and collaborates effectively on cross-functional teams

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Qualifications

Requirements

  • 5 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

EOE, including disability/vets

Apply now!

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