Healthcare Financial/Actuarial Analyst

WTW is a leading global advisory, broking, and solutions company, and they are seeking a Healthcare Financial/Actuarial Analyst. In this role, you will support various projects related to employer health and welfare benefit programs, develop financial analyses, and ensure quality standards are met while collaborating with client teams.

Responsibilities

• Support a wide variety of projects involving the design, funding, and measurement and financial analysis of the full spectrum of employer health and welfare benefit programs including medical, dental, life, disability, voluntary benefits, etc
• Interface with client teams, contribute to analyses and client deliverables, and ensure quality standards are met
• Play an active support role in multiple client teams developing financial analyses, outputs and client deliverables across a regional team
• Develop working proficiency of core financial, actuarial and analytics theories, models and tools
• Support accurate and reliable claim reporting and financial modeling to guide client decisions
• Develop basic knowledge of all broad-based benefit programs (e.g., health care, pharmacy, wellbeing, life, disability, voluntary benefits, etc.)
• Assist with financial modeling of benefit plan designs, cost avoidance/funding strategies, and budget projections and rate/contribution development with clear guidance and direction
• Take responsibility for execution of specific tasks that contribute to financial/actuarial deliverables for clients, with guidance and adherence to 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

Skills

• 1+ year work experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company
• Basic knowledge of some health and welfare products & services
• Strong data management, math and/or analytics capabilities
• Ability to identify inconsistencies in data
• Proven ability to manage multiple projects simultaneously
• Strong client service orientation (internal and external)
• Ability to identify and resolve issues
• Strong written and verbal communication skills
• Self-starter attitude and ability to work independently and as part of a team
• 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

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 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 (only included for Washington roles)
• Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.

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