Health & Benefits Placement Senior Analyst
WTW · Chicago, IL · 2 wk ago
On-siteHuman Resources$75k/yrFull-time
About the role
Plays an active support role in managing placement activities of clients/projects of varying size and complexity.
Demonstrates a core understanding of all broad-based benefit programs.
Develops an understanding of client’s needs and can identify products, services and carriers/vendors aligned to needs.
Coordinates internal and carrier/vendor meetings for placement projects.
PARTNERS WITH GLOBAL DELIVERY CENTERS (GDCs) TO DELIVER ANALYSES AND PROJECT MANAGEMENT.
Responsibilities
- Analyzes proposal/renewal findings; makes suggestions within the placement team and/or Client Service team (CST) on potential finalist carriers small/medium sized clients.
- Drafts client deliverables for more senior colleagues’ review.
- Supports carriers’ placement negotiations for placement activities as assigned.
- Collaborates with CST and H&B Communities of Expertise (COEs) to prepare for client presentations and meetings.
- Develops and coordinates with the CST to deliver response to clients’ questions and project updates.
- Responds to carrier/vendor contacts on simple questions and clarifications.
- Participates in carrier/vendor selection process and draft communication strategies to those not selected.
- BUILDS CARRIER/VENDOR RELATIONSHIPS TO ENHANCE WTW’S MARKET POSITION.
Requirements
- 1-4 years of experience dealing with the financials of health and benefit plans, ideally gained in a benefit consulting/brokerage firm or at a health insurance company, preferred; alternatively, some exposure to, and interest in, health and benefits plans.
- Intermediate knowledge of Fully-insured arrangements and understanding self-funded funding arrangements, including stop loss contracts and provisions.
- Well organized and detail oriented.
- Flexibility and proven ability to identify and resolve complex issues.
- Passion for solving problems and sharing solutions to exceed the standards of the client.
- Strong client service orientation and ability to respond to all communications effectively and in a timely manner.
- Excellent written and verbal communication skills.
- Self-starter attitude and ability to establish priorities, work independently and with limited supervision.
- Strong analytical, creative and integrative skills.
- Excellent Microsoft Office skills, particularly in Excel and PowerPoint.
Qualifications
- State Life and Health license required within 90 days of joining.
- Bachelor’s degree preferred.
Benefits
- 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.