DescriptionCandidates from the following locations will be considered:
Detroit MI Minneapolis MN St. Louis MO Milwaukee WI Indianapolis IN Kansas KS Columbus OH Cincinnati OH Cleveland OH Pittsburgh PA Chicago IL
As a Healthcare Financial/Actuarial Senior Associate you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will substantially 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 service teams prepare and communicate complex analyses to clients and ensure quality standards are met. You will have the opportunity to position yourself to lead financial project with smalltomidsized clients and work on cutting edge projects alongside leaders in the industry.
- Develops knowledge of varying client complexity by working across different client profiles and roles including leading clients financial/actuarialengagements for aportfolio of small clients ormanaging FAA resources to coordinate effective and efficient delivery of more complex client deliverables
- Demonstrates an advanced/expert knowledge in all aspects of employee benefit plan design underwriting and funding concepts and H&B tools
- Is a key member on multiple employer clientteams providing financial analyses outputs and clientdeliverables across a region
- Provides direction on benefit plan analysis design cost avoidance risk and funding strategies
- Reviews technical & consulting accuracy on client projects including developing pricing and employee contributions strategies modelling plan design alternatives and calculating reserves
- Communicates complex financial/actuarial/analytic results to effectively drive client action
- Partners with Global Delivery Centers and Client Service teams to deliver superior project management
- Build strong relationships internally and collaborate effectively on crossfunctional teams
Qualifications- 5 years experience in professional services ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company
- Advanced knowledge of health and welfare products & services
- Experience with big data analytic techniques preferred
- Advanced knowledge of underwriting and funding concepts
- Proven ability to lead multiple projects simultaneously and produce quality deliverables on time and within budget
- Desire and ability to expand relationships with clients
- Proven ability to identify and resolve issues with limited information and experience
- Polished and well developed written and verbal communication skills
- Selfstarter 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: Employmentbased nonimmigrant 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
The base salary compensation range being offered for this role is $90000.00 to $130000.00 USD per year.
This role is also eligible for an annual shortterm 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 paid state/local paid leave where required) ShortTerm Disability LongTerm Disability Other Leaves (e.g. Bereavement FMLA ADA Jury Duty Military Leave and Parental and Adoption Leave)Paid Time Off Washington State only
- Retirement Benefits: Contributory Pension Plan and Savings Plan 401k).
If the position allows for flexible working:
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 inperson and inoffice interactions dependent on the needs of the team role and clients. Our flexibility is rooted in trust and hybrid is not a onesizefitsall 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 locationbased arrangements. Please speak to your recruiter to discuss more.
Required Experience:
Senior IC