Actuarial Analyst, Employee Benefits (Hybrid)
National Accounts Team
HUB International’s National Accounts Team is the cornerstone of our Employee Benefits consulting expertise in Canada. Dedicated to delivering innovative and customized solutions, this team partners with organizations of all sizes to help them attract, retain, and support their most valuable asset—people. Combining deep industry expertise with forward-thinking strategies, the National Accounts Team delivers a full spectrum of employee benefits services, including plan design, cost management, and wellness initiatives. At HUB, we empower businesses to navigate the complexities of employee benefits while creating programs that promote employee well-being and drive organizational success.
About The Role
As an Actuarial Analyst in our Employee Benefits Division, you will enhance your understanding of the group benefits industry. You will respond to client inquiries, provide analytical support, solve problems, and tackle new challenges daily, all under the mentorship of experienced and dedicated colleagues. Leveraging data-driven insights, you will collaborate closely with the analytical team and consultants to support strategic decision-making and help clients achieve their goals.
What You’ll Do
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Provide direct day-to-day problem solving support for clients in relation to their group benefits programs
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Support client communication through drafting of formal letters, reports, and virtual and in-person meetings
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Perform data entry to support quarterly and annual financial analysis for a broad range of clients in a variety of industry sectors
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Conduct renewal analysis, negotiate fees and rates with carriers – in alignment with department strategy
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Review insurance contracts and financial statements
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Support the lead consultant in managing projects, conducting or directing research, and drawing meaningful conclusions from client and market data
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Gain insight and build knowledge of our organization, its services, people and purpose
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Data review, assumption setting, and report writing for actuarial valuations (actuarial track only)
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Analyze claims experience, trend assumptions, and plan utilization to support pricing decisions and plan design recommendations.
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Develop cost projections and assess the financial impact of proposed plan changes.
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Prepare and review actuarial valuation reports, including setting assumptions, assessing liabilities, and determining plan funding needs.
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Interpret and apply regulatory requirements, ensuring compliance in all actuarial work.
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Actively manage all assigned accounts, and represent HUB and our values in all interactions with clients including client meetings, events and presentations.
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Handle confidential information and data – adhering to HUB’s privacy and confidentiality agreement
What You’ll Need for Success
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Post-secondary degrees in Commerce, Mathematics, Actuarial Sciences, or Human Resources
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Working towards your ASA is considered an asset.
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1-2 years of professional experience as an analyst or in a corporate setting, with employee benefits experience being a valuable asset.
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Completion of courses related to Group Benefits (e.g. Certified Employee Benefits Specialist – CEBS, insurance license, and actuarial designation) are not required, but would be an asset
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LLQP certification is considered an asset; candidates without it must be willing to complete it within the first year of employment.
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Advanced Proficiency in MS Office: Word, Excel, PowerPoint and Outlook
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Excellent communication, project management, collaboration, and presentation skills
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Experience working in a high-paced, growth environment
What’s in it for you?
Your well-being is our priority, and we back this up with a wealth of benefits:
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Competitive Compensation: Benefit from a pay structure that includes incentives, bonuses, and opportunities to increase your earnings.
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Work-Life Balance: Enjoy flexible work arrangements and generous time off to support your personal and professional life.
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Tailored Benefits: Access a personalized benefits package, including company-matched RRSPs, designed to meet your unique needs.
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Career Growth and Support: Invest in your future with HUB! Take advantage of our sponsored training and development programs, tuition reimbursement opportunities, and coverage for professional license fees and membership dues—everything you need to support your growth and excel in your career.
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Exclusive Perks: Take advantage of discounts on events, travel, accommodations, and personal home & auto insurance.
At HUB, we believe that diversity drives innovation, equity fosters opportunity, and inclusion creates a culture where everyone thrives. We are committed to building a workplace that reflects the communities we serve and where every employee feels valued, respected, and empowered to bring their whole self to work. By embracing diverse perspectives and fostering an inclusive environment, we cultivate a collaborative and dynamic team that delivers exceptional results for our clients and communities.
Why Choose HUB?
When you choose HUB, you're choosing a competitive, exciting, and friendly work environment that strategically positions you for longevity and offers significant advancement, growth, and success opportunities. To read more about HUB, please visit - About Us - HUB International
About HUB International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 19,000 employees in offices located throughout North America, HUB’s vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow.
Through our dedication to excellence and innovation, we are proud to have achieved the remarkable distinction of ranking 5th largest insurance brokerage worldwide! We're not just an insurance broker, we bring clarity to a changing world with tailored solutions and unrelenting advocacy.
If you’re interested in learning how you can grow your career at HUB, visit our Careers Page to explore our opportunities.
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Department Account Management & Service
Required Experience: 1-2 years of relevant experience
Required Travel: No Travel Required
Required Education: Bachelor's degree (4-year degree)
