About The Role
HUB International continues to grow and we are looking for a Benefits Analyst to provide effective support to assigned Account Managers in the Employee Benefits and Retirement Practice in our Toronto Office. This role involves full life cycle review and analysis of employee benefit plans. This is a fast-paced role and involves strong team work and service excellence. Benefits in being in this position include working for a top Brokerage Firm recognized as an Industry Leader.
What You’ll Do
- Partnering with assigned Account Managers and Producers to service and retain the existing employee benefits book of business by ensuring that all documentation is accurate and processed in a timely fashion;
- Reviewing, processing and preparing client reports for new business, renewals, updates and marketing in accordance with applicable reporting schedules and reporting templates;
- Conducting marketing; including preparing and submitting specifications to underwriters,
answering underwriter questions, reviewing or providing analysis and recommendations on
marketing responses, and preparing marketing report - Preparing quarterly experience reports including projections for renewals
- Maintaining and updating client files, including recording and completing activities in our broker management system;
- Supporting customers in person or via telephone to assess and fulfil their employee benefits requirements
- Troubleshooting client complaints, responding to inquiries, assisting complex claims and providing direction and administration of client’s benefits plans
- Assisting in administration of cross/upselling of HUB’s benefits products to existing clients; preparing new business quotes and provide to producer for presentation;
- Conducting account file audits to ensure all required documentation is properly stored and accessible
- Coordinating with insurance carriers as required
What You’ll Need for Success
- Post-Secondary Education or commensurate work experience;
- Ideally 2 - 5 years’ in the group insurance industry, with underwriting background preferred
- Knowledge of group benefits financial underwriting requirements for all types of employee benefits plans
- LLQP or willing to obtain
- Knowledge of the Canadian benefits industry
Strong verbal, written communication and presentation skills - Proficient in Microsoft Office: Word, Excel, PowerPoint and Outlook;
- Experience with MS Access or other databases an asset
- Experience with broker management systems i.e. Epic an asset
- Strong time management, prioritization and multi-tasking skills
- Strong team player and ability to work independently
- Ability to exercise initiative and follow up skills
- Some client travel may be required
Elevate Your Career with HUB International
Choosing HUB International means aligning your career with the premier insurance brokerage in Canada and the fifth-largest global insurance and employee benefits broker worldwide. Our expansive network, powered by over 17,000 dedicated professionals across 500 offices in North America, sets the stage for an enriching career that promises both stability and remarkable growth opportunities. For a deeper insight into our values and vision, we invite you to explore: https://www.hubinternational.com/en-CA/about-us/.
Your Advancement and Well-being: Our Priority
At HUB, we place immense value on the well-being and professional development of our team. Here’s what you can look forward to as part of the HUB family:
Engage in a rewarding work environment that recognizes your contributions through a competitive pay structure, inclusive of incentives, bonuses, and additional earning opportunities.
Benefit from flexible working arrangements and generous time-off policies designed to accommodate your lifestyle.
Enjoy a comprehensive benefits package, including company-matched RRSPs, tailored to meet your personal and family needs.
Grow with HUB through sponsored training and development programs, along with tuition reimbursement opportunities to fuel your career advancement.
Receive reimbursements for professional license fees and membership dues, underscoring our commitment to your professional growth.
Avail of special discounts on events, travel, accommodations, and personal home & auto insurance, enhancing your HUB experience.
Diversity, Equity, and Inclusion: Our Commitment
HUB International is steadfast in its commitment to fostering a diverse, equitable, and inclusive work environment. We celebrate the unique backgrounds and perspectives of our employees, ensuring all voices are heard and valued. Our selection process is meticulously designed to be accessible to everyone, and we encourage you to reach out if you require any assistance or accommodation during the recruitment phase. At HUB, equal opportunity is not just a policy; it’s the cornerstone of our culture.
Service: Our Ethos
Service is the essence of our identity at HUB International. This commitment extends beyond our clients to our employees and the communities we serve. Each of our regional offices is deeply involved in local causes, embodying our dedication to making a tangible difference. Join us and be part of a team that not only advances professionally but also contributes positively to society.
At HUB, your career is poised for greatness. Welcome to a world where your skills are valued, your professional growth is paramount, and your contribution makes a lasting impact.
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Department Account Management & ServiceRequired Experience: 2-5 years of relevant experienceRequired Travel: No Travel RequiredRequired Education: Diploma