Health and Benefits Senior Financial Analyst

Description

As a Health & Benefits Senior Analyst you will support a wide variety of projects involving the design, funding, measurement, and financial analysis of the full spectrum of employer health and benefit programs including medical, dental, life, disability, voluntary benefits, etc., and will contribute to a client’s benefits strategy through managing the entire carrier procurement and negotiation process.

You will serve as the lead project manager on select projects, interface with client service teams and global delivery centers to contribute to analyses and client deliverables, ensuring quality standards are met. You will have the opportunity to significantly grow your health and benefits business acumen as well as your financial, project management, negotiation, and communication skills by working on cutting edge projects alongside leaders in the industry.

The Role

Play an active support role in multiple client teams developing financial analyses, outputs and client deliverables across a regional team as well as project management.

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.

Deepen knowledge of all broad-based benefit programs (e.g., health care, pharmacy, wellbeing, life, disability, voluntary benefits, etc.)

Develop and 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, with guidance and adherence to stated deadlines.

Manage follow-up questions/request from the carriers/vendors

Collect, summarize and analyze proposal findings; support negotiations, make recommendations for finalist carriers, and communication to carriers

Design and manage placement (renewal/marketing) deliverables with a 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.

Review analytical work, mentor and develop junior colleagues.

Comply with internal excellence and compliance requirements

Contribute to the development of new intellectual capital

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

Qualifications

The Requirements

3+ years’ experience dealing with the financials of health and benefit plans, ideally gained in a benefit consulting/brokerage firm or at a health insurance company, preferred; alternatively, some exposure to, and interest in, health and benefits plans

Well organized, detail oriented and strong project management skills

Strong analytics capabilities with an ability to identify inconsistencies in data, identify and resolve complex issues

Passion for solving problems and sharing solutions

Excellent written and verbal communication skills

Proven ability to manage multiple projects simultaneously

Self-starter attitude and ability to establish priorities, work independently with limited supervision and as part of a team

Excellent Microsoft Office skills, particularly in Excel and PowerPoint

Provincial Life and Health license required within 180 days of joining

Relevant financial experience and/or university degree.

Proficiency in English and French, both written and oral

Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.

This job posting is an advertisement for an existing vacancy.