Health Benefits Lead Associate
Health Benefits Lead Associate
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$ 80000 - 105000
1 Vacancy
Job Description
As a Lead Health and Benefits Associate you will contribute to a wide variety of complex projects involving the design financing and ongoing management of the full spectrum of health and benefit programs. You will serve as the lead project manager on select projects interface with vendors and key clients internally and externally create 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 client relationship skills by working on cutting edge projects alongside leaders in the industry.
The Role
Materially contribute to core health and benefits projects involving the design and management of group medical dental life disability and time off benefits for large complex clients including:
- Benefit plan analysis design cost savings and funding strategies
- Vendor procurement negotiation and optimization
- Incorporation of specialized health management absence and disability management pharmacy data analytics and compliance strategies
- Partner with Consultants to deliver superior project management on select clients
- Perform financial analyses including developing pricing and employee contributions strategies modelling plan design alternatives and calculating reserves
- Conduct benchmarking studies and other research; provide value added analyses and summaries
- Analyze and compare vendor products services and contracts
- Design distribute and evaluate responses to surveys and RFPs
- Build relationships internally and collaborate effectively on crossfunctional teams
- Review analytical work mentor and develop junior level staff
- Contribute to the development of new intellectual capital
Qualifications
The Requirements
- 5 years experience dealing with the financials of health and welfare plans ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company
- Proven ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget
- Flexibility and proven ability to identify and resolve issues
- Strong client service orientation and ability to respond to all communications effectively and in a timely manner
- Strong written and verbal communication skills
- Selfstarter attitude and ability to work individually and as part of a team
- Strong analytical creative and integrative skills
- Desire to mentor/develop more junior staff
- Excellent Microsoft Office skills particularly in Excel and PowerPoint
- Bachelors degree required preferably with significant quantitative coursework
- State Life and Health license required within 90 days of joining
- Pursuit of CEBS designation or health and welfare actuarial / underwriting training desired
EOE including disability/vets
Note that visa employmentbased nonimmigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Compensation and Benefits
Compensation and benefits information for this position is being included in accordance with requirements of the California Equal Pay for Equal Work Act. Please note that the salary range listed relate specifically to roles located in California and that salary ranges for similar positions located in other WTWlocations may vary. In addition salaries may vary for different individuals in the same role based on several factors including but not limited to individual competencies education/professional certifications experience and performance in the role.
Compensation:
The base salary compensation range being offered for this role is $80000$105000 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)
Retirement Benefits:Contributory pension plan and Savings Plan 401k). Certain senior level roles may also be eligible for nonqualified Deferred Compensation and Deferred Savings Plans.
Required Experience:
IC
Employment Type
Full-Time
