Group Benefits Analyst

Permanent Full Time 

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The Group Benefits Analyst is an integral role, responsible for supporting the Growth Strategy at Canada Life by handling all the underwriting analyst functions for new business quotes and renewing current Employee Benefit Plans. Reporting to the Regional Sales Support Manager, the successful candidate will work closely with Account Managers, Underwriters and other stakeholders.

We are looking for a creative and energetic Group Benefits Analyst to meet profit and growth objectives by considering industry, economic outlook, administrative requirements, financial arrangements and historical experience. You will join a creative, collaborative, and innovative team to improve the customer experience and determine what Canada Life can offer.

What you will do 

• Preparation of Request for Proposals (RFP) for Non-Refund and Administrative Service Only (ASO) up to the field underwriting limit including manual rate calculations and experience rate analysis
• Analyzing data, identifying plan design and making basic pricing decisions to assist in driving new sales and renewing existing employee benefit plans
• Respond to requests for pricing plan amendments
• Calculate manual rates by manipulating the data and determining the proper set up of classes and benefit descriptions
• Recommend plan design and product solutions to Account Managers through the analysis of client claiming patterns and within a financial advisors’ book of business
• Prepare experience analyses on all benefits (Life, Long Term Disability, Short Term Disability, Health and Dental benefits) based on experience information provided
• Tracking management report requirements for the office ensuring that the information compiled can be utilized by management to make sound business decisions and achieve regional objectives
• Collaboration with regional sales office teams and head office staff (i.e. underwriting and reporting areas) is essential to the success and development of the role

What you will bring 

• Strong mathematical skills and financial aptitude
• Strong organization and time management skills with an ability to manage multiple projects simultaneously often with scheduled deadlines
• Underwriting and/or Group Life & Health Insurance experience is a definite asset
• Strong analytical and problem-solving ability
• Strong team commitment and collaboration skills
• Ability to show initiative and be self-motivated
• Dedication to continual learning and self-development
• Good verbal and written skills as well as customer service skills
• Strong computer skills especially in Excel, Word, Salesforce, PowerPoint, and MS Teams
• Find opportunities to make a difference for our customers, drive for results
• Focus on customer solutions and continuous improvements; flexible and aim to understand what work will best help us meet customer needs and expectations   

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The base salary for this position is between  $48,600 - $72,900 annually.  This represents base salary only and does not represent other variable compensation components of our total compensation ( i.e. annual bonus, commission etc).  If you are selected to move forward in our recruitment process, your recruiter will be able to discuss additional details of our total rewards program with you.

Career opportunities will be open a minimum of 5 business days from the date of posting, closing dates will vary depending on the search activity. All applications received will be reviewed on a rolling basis.

Be your best at Canada Life- Apply today!

Being a part of Canada Life means you have a voice. This is a place where your unique background, perspectives and talents are valued, and shape our future success.

You can be your best here. You’re part of a diverse and inclusive workplace where your career and well-being are championed. You’ll have the opportunity to excel in your way, finding new and better ways to deliver exceptional customer and advisor experiences.

Together, as part of a great team, you’ll deliver on our shared purpose to improve the well-being of Canadians. It’s our driving force. Become part of a strong and successful company that’s trusted by millions of Canadians to do the right thing.

Canada Life serves the financial security needs of more than 13 million people across Canada, with additional operations in Europe and the United States. As members of the Power Financial Corporation group of companies, we’re one of Canada’s leading insurers with interests in life insurance, health insurance, investment and retirement savings. We offer a broad portfolio of financial and benefit plan solutions for individuals, families, businesses and organizations. 

We are committed to providing an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of the communities in which we live, and to creating an environment where every employee has the opportunity to reach their potential. 

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Canada Life policies. To request a reasonable accommodation in the application process, contact talentacquisitioncanada@canadalife.com.

Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.

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