National Benefits Analyst

National Benefits Analyst

Requisition ID : 6589

Location :

Mississauga, ON, CA, L4V 1S7

Pay Type : Salary

Overview :

The Benefits Analyst will lead the company wellness program while supporting employee benefits and organizational health initiatives for the company.

The incumbent will continually evolve the integrated strategy to support a diverse and multigenerational workforce of employees.

Responsibilities : Safety :

Safety :

Enhances the safety culture of the company by adhering to safety policies, taking ownership for ensuring a safe workplace and demonstrating support to organizational safety initiatives

Key Responsibilities :

Proactively identifies gaps in processes and makes recommendations for improvements to enable efficient benefits delivery, including the ROI of proposed changes

Leads revisions of programs to ensure continued support and fulfilment of employee needs by taking an innovative and forward-looking approach that is financially sound

Has a strong understanding of different benefit plan options and technology enablers and make recommendations on digital delivery options and services

Serves as the escalation point for matters related to health and benefits by acting as the tier 2 point of contact for benefit issues within the company, collaborating with HR and the business to ensure resolution of issues

Ensures retiree taxable benefits (Quebec medical + life insurance) are accurately calculated and reported on tax receipts.

Manages submitted document change forms (DCFs) by working with HR / LR on the amendments and coordinating implementation of benefit plan changes with external vendors, including reviewing contracts and booklets for changes.

Provides support for benefit program implementations and rollouts.

Assists with the preparation and delivery of employee education sessions.

Coordinates, drafts and reviews program related communication materials

Maintains PenBen file and acts as the super-user.

Assists with preparation and tracking of severance letters

Supports the annual post-retirement valuation, data collections, and submission of data to vendors.

Coordinates the annual taxable benefit reporting process for actives, retirees & Quebec actives / retirees.

Manages the annual benefit enrolment exercise.

Manages annual audits by responding to auditor’s inquiries

Documents / maintains administrative procedures and policies related to benefit & wellness programs.

Maintains current knowledge of related government rules and regulations for benefits and other applicable labour and / or tax laws and regulations.

Assists with and participates in special projects, strategic initiatives (negotiations, plan mergers) as well as M&A / divestiture activities.

Champions a culture where individuals are given the opportunity to practice wellness and feel empowered to take ownership of their health

Researches, analyzes and interprets existing / proposed statutory requirements governing benefits and wellness plans and recommend appropriate course of action

Provides training and delegates level appropriate tasks to Admin Support.

Supports the work of the broader Total Rewards team as required

Vendor Management :

Coordinates with home / auto discount vendors on mailings every two to three years.

Works with consultants and vendors on business travel / AD&D renewals.

Works with vendors on fitness membership & executive medical renewals.

Supervises management of external vendors (e.g. insurers, administrators, consultants)

Coordinates the implementation of benefit plan changes with external vendors, including reviewing contracts and booklets for changes

Fulfills compliance requirements for regulatory and internal reporting requirements and manage the process within the company and between external vendors

Manages the annual service award programs with external vendor(s).

Relationships to Others :

Country HR teams

Labor Relations Team

All company employees and retirees

Business Service Centre

Qualifications : Education :

Education :

Bachelor’s degree in Business Administration, Finance, Human Resource Administration or other related field combined with specialized training in benefits administration or compensation (i.e. CHRL, CEBS, CCP)

Experience and Skill Set :

Strong preference for bilingualism in French and English

• 3-5 years of progressive corporate benefits experience with an emphasis on managing and executing multiple initiatives and process enhancements;
• Passionate about elevating the employee experience, corporate health and wellness, approaching the challenge from a user-centric design perspective, and bringing fresh ideas and creative thinking to the table;
• Strong benefits industry and market knowledge of competitive landscape;
• Deep understanding of benefits plan administration, cost modelling and impact assessment of plan changes;
• A team player with a natural propensity to build and leverage strong internal networks to get the job done;
• A strong communicator, compelling storyteller and influencer with the ability to gain support and sponsorship from a variety of stakeholders to participate in and champion a true wellness experience;
• Ability to use data to make informed recommendations, ask thought provoking questions, and bring fresh thinking to the table;

Willingness to roll up your sleeves, be a bold agent for change, and walk the talk when it comes to supporting employee wellness.

Superior analytical, research and problem solving skills

Proficient in MS Excel and PowerPoint

Knowledge of provincial and federal laws pertinent to benefit administration.