Healthcare Financial & Actuarial Associate Director

Description

As a Healthcare Financial/Actuarial Associate Director, you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will lead clients’ financial/actuarial engagements for a portfolio of clients and significantly contribute to complex clients across the full spectrum of employer health and group benefit programs including medical, dental, life, and disability.

In partnership with Client Service colleagues, you will communicate FAA concepts, strategies, and results that effectively drive client action and improve plan performance. You will have the opportunity to work on cutting-edge projects alongside leaders in the industry.

The Role

• 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 and 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 and 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 the 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).

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, Identity Theft Protection, Wellbeing Program and Work/Life Resources.
• Leave Benefits: Paid Holidays, Annual Paid Time Off, Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave).
• Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution.

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.

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. Please speak to your recruiter to discuss more.

EOE, including disability/vets