Employee Benefit Associate

Company:

Mercer

Description:

We are seeking a talented individual to join our Health & Benefits Consulting team at Mercer. This role will be based in Toronto. This is a hybrid role that has a requirement of working at least three days a week in the office. The Employee Benefits Associate will play a crucial role in delivering impactful solutions for organizations of various sizes and industries, directly influencing their employee benefits programs.

We will count on you to:

• Validate and compare premiums for group benefit plans under vendor renewals, quotes, or benchmarking exercises with other companies in the industry.

• Produce quarterly experience monitoring reports for clients and analyze the impact of any recent changes.

• Analyze financial statements of group insurance plans and review the financial agreement to suit the client needs.

• Analyze cost drivers by reviewing client's utilization data and looking for year-over-year trends or comparisons to external benchmarks using data provided from client's vendor reports or raw data from external databases.

• Perform analyses for larger, more complex clients, including more in-depth analysis for complex situations that may require additional research or discussion with Mercer subject matter experts.

• Perform technical reviews of any of the above when prepared by a junior member of a client team.

• Gather necessary data from the vendor or client; review to ensure it is complete, accurate, and reasonable; and prepare data in a particular template or format for use in basic or advanced financial analyses.

• Work with your client teams to develop recommendations and reporting for clients based on your analysis, including the preparation of client-ready presentation materials.

What you need to have:

• Bachelor’s degree.

• Life Licensed agent in Ontario or ability to obtain one within 6 months.

• 3-4 years related experience in Canadian employee benefits consulting or financial underwriting group benefits.

• Strong technical underwriting skills and knowledge of the Canadian insurance market.

• Detail-oriented, strong mathematical skills.

• Strong organizational skills.

• Strong oral and written communication skills.

• Ability to work in a team environment where the priorities and requirements may change quickly.

What makes you stand out:

• A Group Benefits Associate (GBA) and/or Certified Employee Benefit Specialist (CEBS) designation.

• Strong communication and presentation skills, experience working and presenting directly to clients.

• Strong project management skills and experience managing complex projects with multiple stakeholders and dependencies.

• Proficiency with Microsoft Office (Excel, Word, PowerPoint).

Why join our team:

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.

• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.

• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need, please contact reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.