Health & Benefits, Consulting Analyst

Company: Mercer Description: Health & Benefits, Consulting Analyst At Mercer, we’re creating a culture where you can bring your authentic self to work. When you join us, you bring your inclusive energy and enthusiasm to a team that values you personally and professionally – regardless of who you are, what you look like, where you were raised or born, who you love or what your religious beliefs are. You are welcome here. Mercer’s Health & Benefits Consulting team is seeking a Health & Benefits, Consulting Analyst for our Ottawa or Montreal office. What can you expect? Mercer allows its employees to personalize their roles and careers within the Company. We encourage the sharing of intellectual capital in a spirit of partnership. You can expect to be challenged … and to be rewarded for your achievements. The Consulting Analyst will provide accurate and timely data and financial analysis on various projects for medical, dental, life and disability programs. The Consulting Analyst will: Participate in delivering impactful solutions for organizations of any size and varied industries and have a direct impact on their employees. Work in a collaborative environment on a wide variety of client teams with any number of our Health colleagues. Support clients in the financial and strategic management of their employee benefit programs through analysis and communication. Perform basic or complex calculations with respect to the costs of our clients’ employee benefit plans and insurance arrangements, including using Mercer’s internal tools to price plan design changes and prepare future cost projections. Develop project management and consulting skills including: managing the quality and timeliness of client deliverables, participating in client calls and meetings as appropriate and assisting with the preparation of client-friendly communications. Develop deeper understanding of the following, through online training, group sessions, or one-on-one training with colleagues: Health and Benefits products, services and technical tools offered by Mercer, vendor/carrier markets, basic underwriting skills, budget-setting, rate-setting and evaluation. What is in it for you? Be part of our great training and development programs, including our continuing education program Have the opportunity to work with the best tools, resources and some of the smartest people in the industry Be part of a work environment that promotes social connection and work-life flexibility Be provided opportunities to personalize your role and career Be rewarded for your contributions We will count on you to: Provide accurate and timely data and financial analysis on various projects for medical, dental, life and disability programs; 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 Review amendments, contracts, and booklets Assist with Special Risk accounts What you need to have: Previous work-related experience obtained during internships or co-op work terms Strong organizational skills Strong oral and written communication skills Ability to handle multiple tasks in a demanding fast-paced work environment Ability to work in a team environment where the priorities and requirements may change quickly Time management skills Proficiency with Microsoft Office (Excel, Word, Powerpoint) Will be required to obtain and maintain appropriate licenses as required by provincial regulations and Mercer policies. What makes you stand out: Post-secondary degree or equivalent experience in business, mathematics, statistics, finance or a related field. Familiarity or experience with group insurance benefits (through work experience, CEBS GBA designation or working towards it) Bilingual (French/English) 1-3 years of relevant experience. LLQP or equivalent based on Province Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with 83,000 colleagues and annual revenue over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit https://www.mercer.com/. Follow Mercer on Twitter @Mercer. Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people regardless of their sex/gender, marital or parental status, ethnic origin, nationality, age, background, disability, sexual orientation, gender identity or any other characteristic protected by applicable law. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Mercer 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 TANA@mmc.com. Click here to return to the MMC Careers Site Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit mmc.com, follow us on LinkedIn and Twitter @mmc_global or subscribe to BRINK.