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Associate Director, Voluntary Benefits Consulting
Associate Director, Voluntary Benefits ConsultingWillis Towers Watson • Boston, MA, United States
Associate Director, Voluntary Benefits Consulting

Associate Director, Voluntary Benefits Consulting

Willis Towers Watson • Boston, MA, United States
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Description

Our Health and Benefits business helps large and mid-size clients control health and welfare plan costs, improve health outcomes and promote employee engagement through broad-based, state-of-the-art interventions. We provide solutions encompassing creative plan design, vendor evaluation and management, pricing and funding strategies, data analytics, valuation support, compliance and governance strategies. We also provide Specialty consulting services including clinical / health management program design, pharmacy solutions, disability / absence management strategies and claims audit services. Product based solutions such as our pharmacy purchasing coalition round out our broad-based suite of offerings.

As an Associate Director - Sales and Account Management -in the Voluntary Benefits (VB) Practice, you will be responsible for supporting the VB business development team leading both in-force client stewardship and new business development. This role is responsible for the execution of various aspects of the voluntary benefits client account process, for large -market clients, and will be a subject matter expert in one or more areas within the VB Team. This role collaborates with the new business development team to ensure successful internal and external client experiences.

Performance Objectives :

Clients

  • Lead and manage multiple client projects

Manage the overall account of in-force clients which can include but not limited to :

  • Schedule client meetings
  • Work with carriers to obtain necessary data for client stewardship meetings and deliver in partnership with carrier partners
  • Prepare client reports
  • Work on in-force issues with clients / carriers
  • Review / manage commission information
  • Provide strategic assessment of in-force plans
  • Give consulting guidance to clients regarding a multi-year voluntary plan. Work with Ddirector on strategy and help prepare information for client meetings
  • Support New Business Development in the strategic assessment and sales preparation for client prospects

    • Excellence

  • Prioritize and execute key tasks
  • Assist in resolving project issues and escalations
  • Drive documentation and audit process

    • Financial

  • Review / manage commission information
  • Reconcile commissions and revenue to plan

    • People

  • Build relationships with internal and external resources
  • Share feedback with sales team
  • Additional projects as assigned

    • Note : Employment-based non-immigrant visa sponsorship and / or assistance is not offered for this specific job opportunity.

    Qualifications

    The Requirements

  • Minimum 8 years in insurance industry
  • Bachelor’s degree in business or related field
  • Hold a valid insurance license or be willing to obtain
  • Practical knowledge of Voluntary Benefits market
  • Ability to work independently and collaboratively
  • Service-oriented mindset
  • Ability to travel – approximately 20%
  • This role will be on a remote set-up

    • This position will remain posted for a minimum of three business days from the date posted or until sufficient / appropriate candidate slate has been identified.

    Compensation and Benefits

    Base salary range and benefits information for this position are being included in accordance with requirements of various state / local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education / professional certifications, qualifications / experience, performance in the role and potential for revenue generation (Producer roles only).

    Compensation

    The base salary compensation range being offered for this role is $110,000-$120,000 USD per year.

    This role is also eligible for an annual short-term incentive bonus.

    Company Benefits

    WTW provides a competitive benefit package which includes the following (eligibility requirements apply) :

  • Health and Welfare Benefits : Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work / Life Resources (including Employee Assistance Program)
  • Leave Benefits : Paid Holidays, Annual Paid Time Off (includes state / local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off
  • Retirement Benefits : Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.

    • Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

    EOE, including disability / vets

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