Healthcare Financial/Actuarial Analyst
WTW is a leading global advisory, broking and solutions company, and they are seeking a Healthcare Financial/Actuarial Analyst to support a variety of projects related to employer health and welfare benefit programs. The role involves developing financial analyses, collaborating with client teams, and ensuring quality standards are met while growing skills in health and benefits business acumen.
Responsibilities
- With clear guidance and direction, 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(optional)
Benefits
- Annual short term incentive bonus
- 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)
- 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
- Contributory Pension Plan and Savings Plan (401k)
- Flexible working allowing a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients
- Requests for all types of flexible working as well as location-based arrangements
Company Overview