Senior Associate, Health & Benefits, Client Service Team
Senior Associate, Health & Benefits, Client Service Team
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$ 85000 - 115000
1 Vacancy
Job Description
As a Health and Benefits Senior 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 analysis including developing pricing and employee contributions strategies modeling 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 survey and Request For Proposals
- 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 Requirement
- 5 years experience in the design/management of health and welfare plans gained in a consulting or brokerage environment or similar experience in a consultative role gained at a carrier or vendor
- Desire and ability to expand relationships with current clients
- Polished and well developed oral and written communication skills
- Selfstarter attitude and ability to work independently and as part of a team
- Flexibility and proven ability to identify and resolve issues
- Strong analytical creative and integrative skills
- Excellent Microsoft Office skills particularly in Excel and PowerPoint
- State Life and Health license required within 90 days of joining
- CEBS designation or health and welfare actuarial or underwriting training desired
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 base 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.
Compensation
The base salary compensation range being offered for this role is $85000 $115000 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.
Retirement Benefits:Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for nonqualified Deferred Compensation and Deferred Savings Plans.
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.
Note that visa employmentbased nonimmigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
EOE including disability/vets
Required Experience:
Senior IC
Employment Type
Full-Time
