Healthcare Financial/Actuarial Manager

WTW group; Boston (MA); Hybrid; USD 110,000 - 130,000; Full time

Benefits offered by this job

Health and welfare benefits

401(k) plan with company contributions

Paid time off and holidays

Hybrid work arrangement

Job summary

WTW group in Boston seeks an experienced Healthcare Financial/Actuarial Manager to drive analyses across employer health and group benefit programs. You will interface with vendors and client teams, communicate complex analyses, and ensure quality while aiming to lead financial projects for small-to-mid sized clients.

You will contribute to cutting-edge projects with industry leaders, applying strong health actuarial knowledge, big data analytics, and advanced Excel/PowerPoint skills in a

Qualifications

• 5+ years of experience in professional services, ideally in benefit consulting/brokerage or health under-writing/actuarial function of an insurer
• Advanced knowledge of health and welfare products & services
• Experience with big data analytic techniques preferred
• Advanced knowledge of underwriting and funding concepts
• Proven ability to lead multiple projects and deliver on time and budget
• Desire to expand client relationships
• Ability to identify and resolve issues with limited information
• Polished written and verbal communication skills
• Self-starter able to work independently and with a team
• Strong analytical, creative and integrative skills
• Ability to direct junior colleagues and provide feedback
• Excellent MS Office skills (Excel, PowerPoint)
• State Life and Health license within 90 days of joining
• Relevant financial experience and/or university degree
• Progress towards health actuarial designation or CEBS (optional)

Responsibilities

• Contribute to analyses and projects involving health and group benefit programs
• Interface with vendors and client service teams
• Prepare and communicate complex analyses to clients
• Ensure quality standards are met
• Lead financial projects for small-to-mid sized clients
• Work on cutting edge projects with industry leaders

Skills

Health actuarial knowledge

Big data analytics

Underwriting concepts

Project leadership

Client relationship management

Written and verbal communication

Independent work

Team leadership

Advanced Excel

Advanced PowerPoint

Education

University degree

Actuarial designation progress (optional)

Tools

Excel

PowerPoint

Job description

Description

As a Healthcare Financial/Actuarial Manager you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will substantially 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 service teams, prepare and communicate complex analyses to clients, and ensure quality standards are met. You will have the opportunity to position yourself to lead financial project with small-to-midsized clients, and work on cutting edge projects alongside leaders in the industry.

Qualifications

• 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
• Experience with big data analytic techniques preferred
• 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
• Progress towards completion of health actuarial designation or CEBS designation (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. 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 $110,000.00 - $130,000.00 USD annually.
This 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 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.

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.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

EOE, including disability/vets