Jobs.ca
Jobs.ca
Language
People Corporation logo

Financial Analyst, Renewals

Hybrid
Toronto, ON
Mid Level
Full-Time

Top Benefits

Extended health and dental coverage
Retirement savings plan with company contributions
Health and wellness programs

About the role

The Financial Analyst, Renewals is a key resource on our team that focuses on renewals and retention, carrier relationship management, and driving growth. You are great at identifying opportunities by reviewing client data and claims experience to support your recommendations with the insurance carriers to come up with the best resolution for the client.

#The Financial Analyst, Renewals will:

  • Analyze and negotiate group renewals, 35 lives and under, from insurers for accuracy and completeness, and work with insurers until renewals are accepted
  • Negotiate mutually acceptable solutions and create plan amendment suggestions for
  • cost containment when required by correlating claims activity to current plan design
  • Coordinate with Account Executives for direction on 20%+ renewal offerings, and/or erroneous situations and all advisor communication.
  • Contact Carriers/Sales Representatives to discuss and clarify missing information
  • Prepare reports for advisors based on findings and recommendations for insured renewals
  • Develop and maintain direct relationships with carriers, internal team members, and provide excellent customer service
  • Maintain high levels of productivity respecting service commitments to advisors
  • Assist with ad hoc department projects as needed

#To be successful as a Financial Analyst, Renewals you will need:

  • 2+ years of experience in the group benefits industry
  • Strong working knowledge of Microsoft Excel
  • 2+ years working in a Client focused environment with commitment for service excellence
  • Excellent problem solving and troubleshooting skills
  • Excellent communication skills, both written and verbal
  • Ability to multi-task and prioritize to meet client and internal needs

#All-star candidates will have:

  • Bilingual (French/English) would be an asset

#What’s in it for you:

  • Learn by working alongside our experts
  • Extended health care and dental benefits
  • A retirement savings plan with company contributions
  • A suite of Health & Wellness offerings
  • Mental Health programs and support for you and your family
  • Assistance for the completion of industry designations
  • Competitive compensation
  • A fulfilling opportunity to join a supportive, vibrant, growing company!

GroupQuest is a leading MGA (Managing General Agency) supporting insurance advisors across Canada. We specialize in group benefits and individual insurance solutions, offering access to market-leading products, quoting tools, and back-office support. Our goal is to empower advisors with the tools and partnerships they need to grow and thrive.

Providing an inclusive, accessible environment, where all employees and clients feel valued, respected and supported is something we’re committed to. 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. If you require an accommodation or an alternative format of any posting please reach out to careers@peoplecorporation.com.

About People Corporation

Insurance
1001-5000

At People Corporation®, we are making a difference in the lives of more than one million Canadian employees and their families by providing employee group benefits, group retirement, wellness, and human resource solutions.

People Corporation is dedicated to helping businesses succeed. With offices and partner firms across the country, we offer expertise in your local market, while being supported by the resources of one of Canada’s fastest growing companies.

We specialize in:

Group Benefits Consulting and Advisory Services Third Party Administration Customized Billing and Reporting Sustainable Solutions Cost Containment Benchmarking Multiple Funding Arrangements Integrating Several Carrier Solutions into a Single Solution Preferred Supplier and Pharmacy Networks Disability Management Health Spending Accounts Wellness Solutions Value-Added Programs Best-in-Class Service Support backed by our Concierge Service Program

Our diverse team of experts provide industry-specific insight, and offer customized solutions designed to fit the unique needs of your business and your most valuable asset – your people. Visit peoplecorporation.com to experience the benefits of people.

Similar jobs you might like