Healthcare Financial / Actuarial Lead Associate

Overview

As a Healthcare Financial / Actuarial Lead Associate you will contribute to a wide variety of complex analyses and projects involving the design, financing, and measurement and financial analysis of the full spectrum of employer health and group benefit programs including medical, dental, life, disability, voluntary benefits, etc. You will interface with vendors and client teams, help prepare client deliverables, and ensure quality standards are met. You will have the opportunity to significantly grow your health and benefits business acumen as well as your financial, project management and communication skills by working on cutting edge projects alongside leaders in the industry.

The Role

Is an active member on multiple employer client teams providing financial analyses, outputs and client deliverables across a region

Provides direction on benefit plan analysis, design, cost avoidance, risk and funding strategies

Contributes to vendor financial reviews for clients

Reviews technical & consulting accuracy on client projects, including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves

Delivers accurate and reliable claim reporting and financial modeling to client teams to support client decisions

Partners with Global Delivery Centers and Client Service teams to deliver superior project management

Communicates complex financial / actuarial / analytic results to effectively drive client action

Build strong relationships internally and collaborate effectively on cross-functional teams

Qualifications

4+ years’ experience in professional services, ideally gained in a benefit consulting / brokerage firm or health underwriting / actuarial function of an insurance company

Knowledge of health and welfare products & services

Ability to learn big data analytic techniques preferred

Intermediate / advanced knowledge of underwriting and funding concepts

Proven ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget

Strong client service orientation and ability to respond to all communications effectively and in a timely manner

Proven ability to identify and resolve issues with limited information and experience

Strong written and verbal communication skills

Self-starter attitude and ability to work independently and as part of a team

Strong analytical, creative and integrative skills

Ability to direct work of more junior colleagues and provide feedback

Excellent Microsoft Office skills, particularly in Excel and PowerPoint

State Life and Health license required within 90 days of joining

Relevant financial experience and / or university degree

Progress towards completion of health actuarial designation or CEBS designation (optional)

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

This position will remain posted for a minimum of three business days from the date posted or until a 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 $80,000 to $100,000 USD annually.

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 (only included for Washington roles)

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.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

EOE, including disability / vets

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