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About This Opportunity
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In this role you will:
Provide regular reporting and analysis of all benefit programs statistics and financials.
This includes monitoring trend, usage, costing, expense and performance analysis for all benefits and wellness programs, and identifying risk or opportunities for change.
Offer integrated and proactive solutions to check if internal trend is consistent with industry best practice and consistent with Bank strategies and goals.
Ensure all policies, underwriting agreements and transactions are appropriately accounted for; both in the Bank’s General Ledger system and in the Bank’s financial reporting process.
Coordinate/manage the preparation of the benefits portion of the department’s budget projections, including external consulting/administration fees, benefit costs and premiums; perform variance analysis; track related expenses and pay invoices.