Healthcare Financial/Actuarial Director

Willis Towers Watson; Boston (MA); Hybrid; USD 140,000 - 200,000; Full time

Job summary

An established industry player is seeking a Health and Benefits Financial/Actuarial Director to lead complex client assignments. This role requires a strategic thinker with over 10 years of experience in health and welfare financial strategies. You will leverage your expertise to drive revenue growth and enhance client relationships while developing innovative solutions. The position offers a competitive salary and a comprehensive benefits package, including health and welfare benefits, retirement plans, and a flexible hybrid work model. If you're passionate about making a significant impact in the industry, this opportunity is perfect for you.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Savings Plan

Paid Time Off

Flexible Working Arrangements

Employee Assistance Program

Life Insurance

Disability Leave

Parental Leave

Qualifications

• 10+ years of experience in health and welfare financial/actuarial strategies.
• Expertise in employee benefit plan design and funding concepts.
• Strong data analytic project leadership skills.

Responsibilities

• Lead financial/actuarial strategy for large client portfolios.
• Drive revenue growth through client sales of actuarial solutions.
• Communicate complex financial concepts to improve client action.

Skills

Health and welfare financial/actuarial strategies

Revenue generation

Client relationship management

Data analytics

Employee benefit plan design

Microsoft Excel

Microsoft PowerPoint

Communication skills

Education

10+ years of experience in consulting or brokerage

State Life and Health license

Actuarial designation (optional)

Job description

Description

As a Health and Benefits Financial/Actuarial Director, you will serve as the financial lead for large, complex client assignments. You’ll leverage your experience as a benefits financial/actuarial expert to make strategic recommendations on funding, plan design, and innovative financial solutions. You will apply your financial management and data analytics expertise to solve complex client problems and to lead the development of new H&B intellectual capital.

The Role:

1. Communicates and delivers complex concepts and financial/actuarial/analytic results to effectively drive client action and improve plan performance
2. Leads medium to large clients’ financial/actuarial engagements
3. Develops and delivers the financial/actuarial strategy for a portfolio of medium and/or large clients
4. Drives revenue growth through client sales of additional actuarial, financial, and/or risk solutions
5. Provides consulting quality reviews and client delivery for all types of financial/actuarial deliverables
6. Guides team (regional and global) on deliverables based on client need; reviews models and presentations for client delivery
7. Builds relationships internally and collaborates effectively on cross-functional teams

Qualifications

• 10+ years’ experience and demonstrated success in the delivery of complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment
• Proven ability to generate revenue
• Track record of success in managing and growing client relationships
• Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting, and funding concepts
• Proven ability to lead data analytic projects
• Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy and leading the development of new intellectual capital
• Ability to leverage judgment and past experiences to predict which methods will work
• Multiple years of experience across one or multiple client segments
• An executive presence with polished and well-developed written and oral communication skills
• Superior ability to influence and collaborate with senior management and work across all organizational levels
• Excellent Microsoft Office skills, particularly in Excel and PowerPoint
• State Life and Health license required within 90 days of joining
• Actuarial designation and current continuing education (optional)

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

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

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. Salaries may vary based on location, competencies, education, experience, performance, and revenue potential.

Compensation

The base salary range being offered is $140,000 to $200,000 USD per year.

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

Company Benefits

WTW offers a competitive benefits package, including:

• Health and Welfare Benefits:Medical, Dental, Vision, HSA, Commuter Account, FSA, Group Accident, Critical Illness, Life Insurance, AD&D, Legal, Identity Theft, Wellbeing, Employee Assistance Program
• Leave Benefits:Paid Holidays, Paid Time Off, Disability Leaves, Bereavement, FMLA, ADA, Jury Duty, Military, Parental and Adoption Leave
• Retirement Benefits:Contributory Pension and 401k Savings Plan

Flexibility: Our hybrid work model combines remote, in-office, and in-person interactions based on team and client needs. Requests for flexible working arrangements are encouraged and supported.

EOE statement: We are an equal opportunity employer, including disability and veterans.