Health & Benefits Financial Analyst

WTW; Seattle (WA); In loco; USD 90.000 - 98.000; Tempo pieno

Vantaggi offerti da questo lavoro

Annual incentive bonus

Comprehensive health benefits

Descrizione del lavoro

WTW Group is seeking a Healthcare Financial/Actuarial Associate to contribute to analyses across health and group benefit programs. You will support design, funding strategies, and client deliverables while collaborating with vendors and client teams to ensure quality results.

The role develops health actuarial and financial modeling skills, with exposure to pricing, reserves, and communications, and requires a license within 90 days; base salary ranges from $90,000 to $98,000 USD per year and

Competenze

• 2+ years’ experience in professional services within health benefits.
• Basic knowledge of health and welfare products.
• Ability to learn big data analytics techniques.
• Knowledge of carrier claim reporting.
• Strong communication and multi-project management skills.
• State Life and Health license within 90 days.
• Progress toward CEBS or health actuarial designation (optional).

Mansioni

• Provide financial analyses and client deliverables across a region.
• Support benefit plan analysis, cost avoidance and funding strategies.
• Contribute to vendor financial reviews.
• Develop pricing, employee contributions strategies and model plan designs.
• Deliver accurate claim reporting and financial modeling.
• Collaborate with Global Delivery Centers and Client Service teams.
• Communicate complex results to drive client action.
• Build relationships and work cross-functionally.

Conoscenze

Health actuarial concepts

Excel & PowerPoint

Client service orientation

Project management

Analytical skills

Communication skills

Formazione

University degree

State Life & Health license

CEBS designation (optional)

Health actuarial designation progress (optional)

Strumenti

Big data analytics tooling

Descrizione del lavoro

Description

As a Healthcare Financial/Actuarial Associate you will 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 teams, help prepare client deliverables, and ensure quality standards are met. You will have the opportunity to significantly grow your health and benefits business acumen as well as your financial, project management and communication skills by working on cutting edge projects alongside leaders in the industry.

The Role

• Is an active member on multiple employer client teams providing financial analyses, outputs and client deliverables across a region.
• Supports benefit plan analysis, design, cost avoidance, risk and funding strategies.
• Contributes to vendor financial reviews for clients.
• Provides quality reviews for technical & consulting accuracy on client projects, including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves.
• Delivers accurate and reliable claim reporting and financial modeling to client teams to support client decisions.
• Partners with Global Delivery Centers and Client Service teams to deliver superior project management.
• Learn to communicate complex financial/actuarial/analytic results to effectively drive client action.
• Build strong relationships internally and collaborate effectively on cross-functional teams.

Note that visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

Qualifications

The Requirements

• 2+ years’ experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company.
• Basic knowledge of health and welfare products & services.
• Ability to learn big data analytic technics preferred.
• Knowledge of carrier claim reporting.
• Proven ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget.
• Strong client service orientation and ability to respond to all communications effectively and in a timely manner.
• Proven 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.
• Strong analytical, creative and integrative skills.
• 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).

Compensation and Benefits

Base salary range 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).

Compensation

The base salary compensation range being offered for this role is $90,000 to $98,000 USD per year.

The role is also eligible for an annual short-term incentive bonus.

Company Benefits

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
• Retirement Benefits:Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

EOE, including disability/vets

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.