Group schemes renew on headcount and claims experience, and both move all year. This tracks the census and starts the renewal early enough to market it properly.
What's Included
- A live census rather than a headcount from last year.
- Eligibility rules held per scheme so joiners and leavers are handled.
- Renewal started months ahead because group takes longer.
- An assistant that prepares the renewal submission.
How To Use
- Keep the census current all year. A stale one produces a wrong renewal.
- Start group renewals at least four months out.
- Track joiners and leavers monthly, not at renewal.
- Model the increase before the meeting so the client is not surprised.
Manage the people side with human resources prompts, and track the dates in the renewal engine.