Health and Benefits FinancialActuarial Consulting
WTW
Description
As a Healthcare Financial/Actuarial Consultant 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 small-to-midsized clients and work on cutting edge projects alongside leaders in the industry.
The Role
- With clear guidance and direction play an active support role in multiple client teams developing financial analyses outputs and client deliverables across a regional team.
- Develop working proficiency of core financial actuarial and analytics theories models and tools.
- Support accurate and reliable claim reporting and financial modeling to guide client decisions.
- Develop basic knowledge of all broad-based benefit programs (e.g. health care pharmacy wellbeing life disability voluntary benefits etc.)
- Assist with financial modeling of benefit plan designs cost avoidance/funding strategies and budget projections and rate/contribution development with clear guidance and direction.
- Leads Medium to Large clients financial/actuarial engagements
- Develops and delivers the financial/actuarial strategy for a portfolio of Medium and/or Large clients
- Drives revenue growth through client sales of additional actuarial financial and/or risk solutions
- Take responsibility for execution of specific tasks that contribute to financial/actuarial deliverables for clients with guidance and adherence to stated deadlines.
- Partner with Global Delivery Centers and Client Service teams to deliver superior project management.
- Build strong relationships internally and collaborate effectively on cross-functional teams.
The Role
- With clear guidance and direction play an active support role in multiple client teams developing financial analyses outputs and client deliverables across a regional team.
- Develop working proficiency of core financial actuarial and analytics theories models and tools.
- Support accurate and reliable claim reporting and financial modeling to guide client decisions.
- Develop basic knowledge of all broad-based benefit programs (e.g. health care pharmacy wellbeing life disability voluntary benefits etc.)
- Leads Medium to Large clients financial/actuarial engagements
- Develops and delivers the financial/actuarial strategy for a portfolio of Medium and/or Large clients
- Drives revenue growth through client sales of additional actuarial financial and/or risk solutions
- Assist with financial modeling of benefit plan designs cost avoidance/funding strategies and budget projections and rate/contribution development with clear guidance and direction.
- Take responsibility for execution of specific tasks that contribute to financial/actuarial deliverables for clients with guidance and adherence to stated deadlines.
- Partner with Global Delivery Centers and Client Service teams to deliver superior project management.
- Build strong relationships internally and collaborate effectively on cross-functional teams.
Qualifications:
- 2-10 years experience and demonstrated success in the delivery of complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment
- Proven ability to generate revenue
- Track record of success in managing and growing client relationships
- Deep understanding and expert knowledge in all aspects of employee benefit plan design underwriting and funding concepts
- Proven ability to lead data analytic projects
- Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy and leading the development of new intellectual capital
- Ability to leverage judgement and past experiences to predict which methods will work
- Multiple years of experience across one or multiple client segments
- An executive presence with polished and well developed written and oral communication skills
- Superior ability to influence and collaborate with senior management and work across all levels of an organization
- Excellent Microsoft Office skills particularly in Excel and PowerPoint
- State Life and Health license required within 90 days of joining
- Actuarial designation and current continuing education (optional)
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
Health and Welfare: Mental health/emotional wellbeing (including Employee Assistance Program) medical (including prescription drug coverage and fertility benefits) dental vision Health Savings Account Commuter Accounts Health Care and Dependent Care Flexible Spending Accounts company-paid life insurance supplemental life insurance AD&D group accident group critical illness group legal identity theft protection wellbeing program adoption assistance surrogacy assistance auto/home insurance pet insurance and other work/life resources.
- 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). All Level 38 and more senior 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.
Note that visa 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 sufficient/appropriate candidate slate has been identified.
EOE including disability/vets
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