What are the responsibilities and job description for the Healthcare Financial/Actuarial Senior Analyst position at WTW?
Description
As a Healthcare Financial/Actuarial Senior Analyst you will 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 teams, help prepare 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 communication skills by working on cutting edge projects alongside leaders in the industry.
The Role
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.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
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, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all 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 location-based arrangements. Please speak to your recruiter to discuss more.
EOE, including disability/vets
As a Healthcare Financial/Actuarial Senior Analyst you will 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 teams, help prepare 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 communication skills by working on cutting edge projects alongside leaders in the industry.
The Role
- Is an active member on multiple employer client teams providing financial analyses, outputs and client deliverables across a region.
- Supports benefit plan analysis, design, cost avoidance, risk and funding strategies.
- Contributes to vendor financial reviews for clients.
- Provides quality reviews for technical & consulting accuracy on client projects, including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves.
- Delivers accurate and reliable claim reporting and financial modeling to client teams to support client decisions.
- Partners with Global Delivery Centers and Client Service teams to deliver superior project management.
- Learn to communicate complex financial/actuarial/analytic results to effectively drive client action.
- Build strong relationships internally and collaborate effectively on cross-functional teams.
- 2 years’ experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company.
- Basic knowledge of health and welfare products & services.
- Ability to learn big data analytic technics preferred.
- Knowledge of carrier claim reporting.
- Proven ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget.
- Strong client service orientation and ability to respond to all communications effectively and in a timely manner.
- Proven ability to identify and resolve issues.
- Strong written and verbal communication skills.
- Self-starter attitude and ability to work independently and as part of a team.
- 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.
- Relevant financial experience and/or university degree.
- Progress towards completion of health actuarial designation or CEBS designation (optional).
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.
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 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 (only included for Washington roles)
- Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.
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, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all 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 location-based arrangements. Please speak to your recruiter to discuss more.
EOE, including disability/vets