Healthcare Financial/Actuarial Senior Director

WTW group; St. Louis (MO); Hybrid; USD 140,000 - 180,000; Full time

Benefits offered by this job

Health and Welfare Benefits

Paid time off and holidays

401(k) plan with company contributions

Job summary

WTW is seeking a Health and Benefits Financial/Actuarial Senior Director to lead the financial charge on large client engagements, shaping funding, plan design and innovative financial solutions. You will apply analytics to solve client problems and help develop new H&B intellectual capital.

Role spans delivering complex results, guiding regional teams, and driving revenue through actuarial solutions. Hybrid work model and cross-functional collaboration are expected.

Qualifications

• 10+ years in health and welfare actuarial consulting/brokerage
• Proven ability to generate revenue
• Experience managing and growing client relationships
• Expert knowledge in plan design, underwriting and funding concepts
• Lead data analytics projects
• Keep abreast of health and welfare plan strategy developments
• Executive presence with strong communication

Responsibilities

• Communicates and delivers complex financial results to drive client action
• Leads financial/actuarial engagements for large clients
• Develops and delivers the financial/actuarial strategy for a portfolio
• Drives revenue growth through client sales of actuarial/financial/risk solutions
• Provides consulting quality reviews and client delivery
• Guides regional and global teams on deliverables; review models
• Builds relationships and collaborates cross-functionally

Skills

Health & Welfare Actuarial

Revenue generation

Client relationship management

Data analytics

Executive presence

Communication skills

Leadership

Education

State Life & Health license

Actuarial designation (optional)

Tools

Excel

PowerPoint

Job description

Description

As a Health and Benefits Financial/Actuarial Senior 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

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

Qualifications

The Requirements

• 10+ years’ experience and demonstrated success in the delivery of complex health and welfarefinancial/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 judgement and past experiences to predict which methods will workMultiple 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 levels of an organization
• 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)
• This role may be based in any of the following locations: Chicago, IL; Minneapolis, MN; St. Louis, MO; Kansas City, MO; Grand Rapids and Detroit, Michigan.

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 $140,000 - $180,000 USD.

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 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 (https://cdn-static.findly.com/wp-content/uploads/sites/1862/2023/01/31091722/Washington-State-Time-Off.pdf)
• 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.

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.

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