This role is being posted by Navacord on behalf of Waypoint Benefits & Financial Services. This is an on-site position working out of the Vancouver location.Reporting to the VP, Group Benefits, the Analyst will partner with our Account Managers and Consultants for the complete employee benefits cycle, including experience monitoring, renewal calculations/negotiations, market surveys, benchmarking, and plan design. This role works collaboratively with our Third-Party Administration (TPA) team.Key Duties and ResponsibilitiesReview, data enter and analyze carrier renewals, including pulling reports from carrier websites. Review, data enter and analyze carrier responses to marketings including rate analysis and benefit comparison.Perform financial analyses, projections and illustrations.Develop recommendations to support negotiations with respective providers/carriers.Perform ASO reconciliations along with rate setting recommendations.Monitor and update client experience, monthly.Conduct benchmarking studies and gap analysis.Draft client deliverables including report writing, spreadsheets, and presentations for renewals, marketings, benchmarking and other projects.Perform research and interpret information to support client solutions.Update internal systems (CRM) as required.Maintain a deep knowledge of client documentation including contracts and underwriting arrangements.May attend client meetings to gain an understanding of project requirements with an Account Manager and/or Consultant from time to time.Manages the administration of disability claims for clients administered by our TPA team, advocate where appropriate with the applicable insurance carrier(s).Remain current with benefits landscape including insurer news, products, legislation and seminars/educational events.Complete special projects and other duties as required.Knowledge, Skills and AbilitiesPost-secondary diploma or degree in a relevant field or commensurate experience.3+ years of experience in a similar position (ideally includes experience with larger national accounts gained in benefits consulting firm or an underwriting department of a national insurer).GBA Designation is an asset.Life license (LLQP) is an asset and may be required as part of your employment.Excellent organizational skills, accuracy, and high attention to detail.Strong analytic and data management skills including the ability to find trends using logical and systematic thinking to interpret information.Superior proficiency in Microsoft Office; advanced Excel skills. High level of computer literacy with the ability to research and quickly learn other applications and skills.Excellent written and verbal communications skills.Build strong relationships internally/externally and collaborate effectively on cross-functional teams.Self-motivated, strong customer service orientation and a positive attitude.Ability to work on a team and independently.Ability to prioritize and manage competing demands in a dynamic environment.Demonstrated ability to uphold confidentiality and manage sensitive data.About UsAt Waypoint Benefits & Financial Services (WBFS), we believe that successful and meaningful partnerships are built on understanding. Before offering our expertise, we take the time to listen - to truly understand your needs, goals, and challenges. This approach ensures our teams deliver best-in-class service and solutions uniquely crafted for each client.We offer a complete portfolio of industry-leading services in group benefits and retirement consulting, third-party administration (TPA), wealth management, personal and corporate insurance, and financial and estate planning. For over four decades, our commitment has remained the same: to provide thoughtful, integrated solutions that help our clients thrive.WBFS is the result of the partnership of two of Navacords leading partners in Western Canada, Dehoney Financial Group and Arbutus Financial Services. With offices in Vancouver, West Vancouver, Victoria, Nanaimo, Smithers, Courtenay, and Calgary, we have a strong local presence, backed by the depth and resources of a national network.
Job Title
Analyst, Group Benefits