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WTW · 4 hours ago

Healthcare Financial/Actuarial Senior Associate

Boston, MA

Full-time

Hybrid

Senior Level

$90K/yr - $130K/yr

5+ years exp

WTW is a leading company in the financial actuarial and analytics sector, seeking a Healthcare Financial/Actuarial Senior Associate. The role involves contributing to complex analyses and projects related to employer health and group benefit programs, while also leading financial projects and ensuring quality standards are met.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Hiring Manager

Christine Galdones, RPm

Responsibilities

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

Qualification

HealthWelfare productsUnderwritingFunding conceptsBig data analytic techniquesFinancial analysisProject managementAnalytical skillsClient relationship managementMicrosoft Office skillsWritten communicationVerbal communicationTeam collaborationSelf-starter attitudeLeadership skills

Required

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

Advanced knowledge of underwriting and funding concepts

Proven ability to lead multiple projects simultaneously and produce quality deliverables on time and within budget

Desire and ability to expand relationships with clients

Proven 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

Preferred

Experience with big data analytic techniques

Progress towards completion of health actuarial designation or CEBS designation

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 (Washington State only)

Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).