This is a hybrid role that requires being in the office at least 3 days a week.
The applicable base salary range for this role is $70,000 to $120,000.
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
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 clients27 employee benefit plans and insurance arrangements, including using Mercer27s 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.
Perform works related to the actuarial valuation of the obligation and expenses related to post-employment retirement benefits and / or post-employment benefits - using Canadian, U.S. and/or international accounting standards and according to the Mercer standards
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 client27s utilization data and looking for year-over-year trends or comparisons to external benchmarks using data provided from client27s 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
This is a New position.
