Actuarial Benefits Consultant, Group Solutions
- Employer
- People Corporation
- Location
- Toronto, ON (Hybrid)
- Starts
- Closes
- Sector
- General
- Practice Area
- Group and Health Benefits
- Actuarial designation
- Actuarial Candidate
- Location
- Ontario, Canada
As our Actuarial Benefits Consultant, you will:
- Lead and manage the overall relationship of a block of clients including strategic consulting advice, service delivery, financial management, plan design, pricing strategies, analyzes trends, negotiate renewals, and benchmarking
- Prepare actuarial valuations of post-retirement and post-employment benefits plan, in accordance with accounting standards applicable to the plan;
- Prepare actuarial analyses;
- Develop and maintain actuarial models for pricing, reserving and other financial projections;
- Develop and implement strategies and activities to support client retention
- Maintain positive relations with clients and client decision makers
- Manage client expectations and effectively deal with concerns or issues
- Identify the client’s group insurance risks and recommends appropriate plan design and cost mitigation strategies
- Develop annual client plans to ensure clients are receiving value added service and that the work being produced aligns with client goals and objectives
- Be accountable for revenue/profitability for client accounts and projects
- Identify creative opportunities for growth within client block through multi-product selling and providing enhanced value through unique solution generation
- Have active participation in prospecting for and securing new clients from leads generated through competitive bid sites, targeted proactive networking and referrals
- Manage clients from expected growth from sales team
- Continue education to maintain a high level of knowledge of employee benefit legislation, administrative issues, plan rules, claim management and client specific procedures
- Participate in industry conferences, seminars, etc. in order to promote services and keep abreast of industry trends and activities
- Represent People Corporation in the market and be a successful brand ambassador
- Maintain an expert knowledge of the complete line of People Corporation products and services
- Foster and develop positive supplier relations to enable strong partnerships for clients
- Build and maintain strong relationships with colleagues, shared services, practice areas, etc. across the organization
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