Healthcare Financial/Actuarial Associate Manager

About the role

Contributes 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.

Interfaces with vendors and client teams, helps prepare client deliverables, and ensures quality standards are met.

Significantly grows health and benefits business acumen as well as financial, project management and communication skills by working on cutting-edge projects alongside leaders in the industry.

Responsibilities

• Active member on multiple employer client teams providing financial analyses, outputs and client deliverables across a region
• Provides direction on benefit plan analysis, design, cost avoidance, risk and funding strategies
• Contributes to vendor financial reviews for clients
• Reviews 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
• Pairs with Global Delivery Centers and Client Service teams to deliver superior project management
• Communicates complex financial/actuarial/analytic results to effectively drive client action
• Builds strong relationships internally and collaborates effectively on cross-functional teams

Requirements

• 4+ years’ experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company
• Knowledge of health and welfare products & services
• Intermediate/advanced knowledge of underwriting and funding concepts
• 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 with limited information and experience
• 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
• Ability to direct work of more junior colleagues and provide feedback
• Excellent Microsoft Office skills, particularly in Excel and PowerPoint
• State Life and Health license required within 90 days of joining
• Progress towards completion of health actuarial designation or CEBS designation (optional)

Company 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 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
• Retail Benefits: Contributory Pension Plan and Savings Plan (401k)

Flexible Working

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.

EEO Statement

We are committed to providing equal employment opportunities to all individuals without regard to race, color, religion, sex, national origin, age, disability, veteran status, genetic information, sexual orientation, gender identity or expression, or any other characteristic protected by law. We will consider for employment qualified applicants with arrest and conviction records.