Health & Benefits Financial Consultant

Job-ID: 202606918Category: Health and Benefits Actuarial ConsultingLocation: San Francisco, CA, United States; Sacramento, CA, United StatesSchedule: Full timePosted: 2026-11-12The RoleThe Technical Consultant partners with client service teams to deliver accurate, insightful financial analysis and renewal deliverables to employee benefits clients. The individual independently manages the technical and financial side of fully insured, level-funded and self-funded clients, from data analysis and modeling through carrier negotiations and client presentations.Key ResponsibilitiesClient and Account ManagementIndependently manage the technical and financial work for fully insured, level-funded and self-funded clientsBuild strong relationships with client service teams, clients and carriersParticipate in client and internal meetings, including strategy and renewal meetingsAnalysis and ModelingReview and interpret client experience reports and demographic analyses, and turn them into clear insightsUse the actuarial tools to evaluate funding alternatives, value plan design changes and project employee costsModel employee contribution strategies and other financial scenariosUse internal and external data analytics tools to form recommendationsRenewals and NegotiationsNegotiate rates with carriers for large, self-funded and complex financial modeling clientsAnalyze and negotiate Pharmacy Benefit Management (PBM) and stop loss contracts when applicablePrepare, finalize and present client renewal deliverablesTeam and Professional DevelopmentShare knowledge and skills with team members; help train and give feedbackRepresent the company at external seminars for education, professional development and industry networkingOther duties and special projects as assignedNote that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.QualificationsThe Requirements5–8 years of underwriting, data analysis, carrier or employee benefits experience (required)Solid understanding of funding arrangements, PBM contracts and stop lossBachelor’s degree preferredInsurance industry background or knowledge of group products preferredLife and health insurance license in your state of residence required; if not currently licensed, individual must obtain within the first 6 months. Ongoing continuing education is required when necessary. Excellent written, verbal and presentation skillsStrong client service skills, professionalism and tactAdvanced proficiency in Microsoft Office, especially Excel; quick to learn new systems and toolsBasic knowledge of using AI toolsResourceful problem solver who takes initiative and offers solutionsStrong time management and project planning; handles high volumes, competing priorities and shifting deadlinesCollaborative and responsive in a fast-paced environmentBuilds trust with clients, carriers and internal stakeholdersCompensation 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).CompensationThe base salary compensation range being offered for this role is $95,000 to $162,000 USD per year.The role is also eligible for an annual short-term incentive bonus.Company BenefitsWTW 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), 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: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.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/vetsThis position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.Responsibilities-