Healthcare Financial/Actuarial Director

About the role

The Healthcare Financial/Actuarial Director will play a key role in the Financial Actuarial & Analytics (FAA) Community of Expertise. They will lead financial/actuarial engagements for a portfolio of clients or significantly contribute to complex clients across various employer health and group benefit programs.

Responsibilities

• Expands knowledge of varying client complexity by working across different client profiles
• Leads clients’ financial/actuarial engagements for a portfolio of small clients or manages FAA resources on more complex clients and/or deliverables
• Demonstrates clear understanding of the FAA service catalogue and advanced knowledge in all aspects of benefit plan design, underwriting/funding and post-retirement/employment concepts
• Guides teams on cost avoidance, risk and funding strategies and deliverables based on client need
• Provides leadership to more junior colleagues on FAA concepts, strategies and tools
• Reviews technical & consulting accuracy on client projects, including developing pricing and employee contributions strategies, modeling plan design alternatives and calculating reserves
• PARTNERS WITH GLOBAL DELIVERY CENTERS AND CLIENT SERVICE TEAMS TO DELIVER SUPERIOR PROJECT MANAGEMENT
• BUILDS STRONG RELATIONSHIPS INTERNALLY AND COLLABORATES EFFECTIVELY ON CROSS-FUNCTIONAL TEAMS
• DEVELOPS AND MAINTAINS ONGOING RELATIONSHIPS WITH EMPLOYERS’ AND VENDORS’ PRIMARY CONTACTS TO BUILD AND ENHANCE WTW AND H&B’S BRAND
• MAY CONTRIBUTE TO INTELLECTUAL CAPITAL DEVELOPMENT
• SUPPORTS NEW BUSINESS, EXPANSION AND CROSS-SELLING ACTIVITIES

Qualifications

• 8+ years’ experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company
• Experience working across multiple client segments
• Advanced knowledge of broad health and welfare products & services
• Knowledge and experience using big data analytic techniques
• Expert knowledge of cost avoidance, risk and funding strategies
• Subject matter expertise on emerging trends
• Proven ability to lead multiple clients/projects simultaneously and produce quality deliverables on time and within budget
• Successful experience in expanding client relationships through selling add-on services
• Comfort and ability to quickly adapt to changing circumstances or demands, and helping team do the same
• Well developed written and verbal communication skills
• Ability to guide 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
• Relevant financial experience and/or university degree
• Progress towards completion of health actuarial designation or CEBS designation (optional)