Group Benefits Analyst

About the Company

Founded in 1985, The Consulting House is a well-established, privately held insurance brokerage specializing in Employee Benefits and Group Retirement Programs. The firm develops strategies that enhance and maximize the value of its clients’ benefits, pension, and retirement programs. The Consulting House is a member of the Benefits Alliance, a national organization of peer-nominated and reviewed independent firms, recognized as an advocate and thought leader in the industry. The firm is built on five shared core values: Trust, Creativity, Client First, Continuous Improvement and Responsiveness. These values form the foundation of the organization, guiding the team’s actions, shaping its culture, and differentiating it from competitors.

About the Role

Due to significant growth, they are looking for a Group Benefits Analyst to join their team, located at Yonge and Sheppard in Toronto. The role combines technical knowledge of group benefits plans with financial and data analysis, carrier negotiation, and client support within a group insurance environment. The ideal candidate shares The Consulting House core values and has a good understanding of the group insurance market combined with previous experience working for an Insurance Carrier or Broker. You will collaborate closely with advisors, account managers, and administrators to ensure exceptional client service and plan outcomes.

Responsibilities

• Analyze Renewal Reports: Negotiate rates with insurance carriers and prepare comprehensive client reports and presentations.
• Plan Experience Analysis: Perform quarterly analysis of plan experience, prepare budget projections, and review financial performance of the plans.
• Cost Impact Analysis: Gather data to assess the cost impact of plan design changes.
• Market Research: Conduct marketing activities, including preparing and submitting specifications, analyzing and comparing costs, and producing detailed marketing summaries.
• Financial Review: Analyze financial information, prepare total compensation statements, and develop payroll calculators.
• Client Engagement: Occasionally attend and actively participate in client meetings.
• Special Projects: Assist with various special projects as required.

Qualifications

• Bachelor's degree in Business, Mathematics, Finance, or a related discipline.
• 3+ years of experience in Employee Benefits with an insurance carrier or preferably a consulting/brokerage firm.
• Proficient in Microsoft Office software.
• Excellent mathematical and analytical skills.
• Experience working with larger clients, greater than 100 employees is an asset.
• Completion of CEBS designation or working towards their CEBS designation is an asset.
• Knowledge of Group Retirement Programs is an asset.
• Bilingual in French is an asset.

Pay range and compensation package

Competitive Compensation depending on experience and professional designations, Bonus Pay and Overtime Pay. Awesome Benefits, which include:

• Comprehensive Employee Benefits and Retirement Program (100% match)
• Generous Health & Wellness Spending Account
• Corporate Wireless Discount
• Complimentary Financial Planning
• Employee and Family Assistance Program
• Free days off
• Team appreciation events (have included go-karting, paintball, tree-top trekking, escape rooms and more – voted on by the team)
• Generous Profit-Sharing Bonus

The Consulting House hires, reviews, rewards, and recognizes their team based on their core values. If you share their values, we encourage you to apply. Team members rate their experience at 9.67/10! Here’s what they have to say: "This has been the best place I have ever worked." "Very kind & welcoming coworkers, great executives, healthy company culture." "Great work-life balance and caring management." "Continuous learning opportunities and open communication." "Amazing team with great communication and organization."

For more information, please visit www.consultinghouse.com.

Equal Opportunity Statement

The Consulting House is committed to diversity and inclusivity in the workplace.