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Healthcare Financial/Actuarial Senior Associate
Healthcare Financial/Actuarial Senior AssociateWTW • Boston, MA, United States
Healthcare Financial / Actuarial Senior Associate

Healthcare Financial / Actuarial Senior Associate

WTW • Boston, MA, United States
30+ days ago
Job type
  • Full-time
Job description

Healthcare Financial / Actuarial Senior Associate – WTW

Description

As a Healthcare Financial / Actuarial Senior Associate 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 of the full spectrum of employer health and group benefit programs including medical, dental, life, disability, voluntary benefits, and more. 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 projects with small‑to‑mid‑sized clients and work on cutting‑edge projects alongside leaders in the industry.

The Role

  • Support multiple client teams developing financial analyses, outputs, and client deliverables across a regional team.
  • Develop proficiency in core financial, actuarial, and analytics theories, models, and tools.
  • Contribute to accurate and reliable claim reporting and financial modeling to guide client decisions.
  • Build basic knowledge of broad-based benefit programs (e.g., health care, pharmacy, wellbeing, life, disability, voluntary benefits).
  • Assist with financial modeling of benefit plan designs, cost avoidance / funding strategies, and budget projections, rate / contribution development with clear guidance.
  • Execute specific tasks that contribute to financial / actuarial deliverables for clients, meeting 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

  • 5+ years’ experience in professional services, ideally in a benefit consulting / brokerage firm or health underwriting / actuarial function of an insurance company.
  • Advanced knowledge of health and welfare products & services.
  • Experience with big‑data analytic techniques preferred.
  • Advanced knowledge of underwriting and funding concepts.
  • Proven ability to lead multiple projects simultaneously and deliver quality results on time and within budget.
  • Desire and ability to expand relationships with clients.
  • Ability to identify and resolve issues with limited information and experience.
  • Polished and well‑developed 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.
  • Relevant financial experience and / or university degree.
  • Progress toward completion of health actuarial designation or CEBS designation (optional).
  • Note : 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 a sufficient / appropriate candidate slate has been identified.

    Compensation And Benefits

  • Base salary compensation range : $90,000.00 – $120,000.00 USD annually.
  • Eligible for an annual short‑term incentive bonus.
  • Competitive benefit package includes 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, Identity Theft Protection, Wellbeing Program and Work / Life Resources (including Employee Assistance Program).
  • Paid Holidays, Annual Paid Time Off, Short‑Term Disability, Long‑Term Disability, and various leave benefits (FMLA, ADA, Jury Duty, Military Leave, Parental and Adoption Leave).
  • 401(k) contributory pension plan and savings plan.
  • 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, blending remote, in‑person, and in‑office interactions based on team, role, and client needs. Our flexibility is rooted in trust and is not a one‑size‑fits‑all solution. We encourage requests for all types of flexible working and location‑based arrangements. Please speak to your recruiter to discuss more.

    EOE, including disability / vets.

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    Healthcare Associate • Boston, MA, United States

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