Healthcare Financial / Actuarial Senior Associate

Healthcare Financial / Actuarial Senior Associate

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 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 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-midsized clients, and work on cutting edge projects alongside leaders in the industry.

Develops knowledge of varying client complexity by working across different client profiles and roles, including leading clients financial / actuarial engagements for a portfolio of small clients or managing FAA resources to coordinate effective and efficient delivery of more complex client deliverables. Demonstrates an advanced / expert knowledge in all aspects of employee benefit plan design, underwriting and funding concepts and H&B tools. Is a key 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. Reviews technical & consulting accuracy on client projects, including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves. Communicates complex financial / actuarial / analytic results to effectively drive client action. Partners 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 include 5+ years experience in professional services, ideally gained in a benefit consulting / brokerage firm or health underwriting / actuarial function of an insurance company. Advanced knowledge of health and welfare products & services is required. Experience with big data analytic techniques is preferred. Advanced knowledge of underwriting and funding concepts is necessary. Proven ability to lead multiple projects simultaneously and produce quality deliverables on time and within budget is essential. Desire and ability to expand relationships with clients is important. Proven ability to identify and resolve issues with limited information and experience is required. Polished and well developed written and verbal communication skills are needed. Self-starter attitude and ability to work independently and as part of a team is required. Strong analytical, creative and integrative skills are necessary. Ability to direct work of more junior colleagues and provide feedback is important. Excellent Microsoft Office skills, particularly in Excel and PowerPoint are required. State Life and Health license required within 90 days of joining. Relevant financial experience and / or university degree is preferred. Progress towards completion of health actuarial designation or CEBS designation (optional).

Compensation and benefits information for this position are being included in accordance with requirements of various state / local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education / professional certifications, qualifications / experience, performance in the role and potential for revenue generation (Producer roles only). The base salary compensation range being offered for this role is $90,000.00 to $130,000.00 USD per year. This role is also eligible for an annual short-term incentive bonus. 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 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 (Washington State only). Retirement Benefits : Contributory Pension Plan and Savings Plan (401k).