Healthcare Financial/Actuarial Associate Director
Chicago, IL, United States
As a Healthcare Financial/Actuarial Associate Director you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will lead clientsâ financial/actuarial engagements for a portfolio of clients and/or significantly contribute to complex clients across the full spectrum of employer health and group benefit programs including medical, dental, life, disability, etc. In partnership with Client Service colleagues, you will communicate FAA concepts, strategies and results that effectively drive client action and improve plan performance. Will have the opportunity to work on cutting edge projects alongside leaders in the industry.
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- Expands knowledge of varying client complexity by working across different client profilesÂ
- Leads clientsâ financial/actuarial engagements for a portfolio of small clients or manages FAA resources on more complex clients and/or deliverables
- Demonstrates clear understanding of the FAA service catalogue and advanced knowledge in all aspects of benefit plan design, underwriting/funding and post-retirement/employment concepts
- Develops and maintains ongoing relationships with employersâ and vendorsâ primary contacts to build and enhance WTW and H&Bâs brand
- May contribute to intellectual capital development
- Supports new business, expansion and cross-selling activities
- Guides teams on cost avoidance, risk and funding strategies and deliverables based on client needÂ
- âProvides leadership to more junior colleagues on FAA concepts, strategies and tools
- Reviews technical & consulting accuracy on client projects, including developing pricing and employee contributions strategies, modeling plan design alternatives and calculating reserves
- Partners with Global Delivery Centers and Client Service teams to deliver superior project management
- Builds strong relationships internally and collaborates effectively on cross-functional teams
This is a remote position. Prefer candidates residing in or close to Chicago, Detroit, Minneapolis or St. Louis
- 8+ yearsâ experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company
- Experience working across multiple client segments
- Advanced knowledge of broad health and welfare products & servicesÂ
- Knowledge and experience using big data analytic techniquesÂ
- Expert knowledge of cost avoidance, risk and funding strategies
- Subject matter expertise on emerging trends
- Proven ability to lead multiple clients/projects simultaneously and produce quality deliverables on time and within budget
- Successful experience in expanding client relationships through selling add-on services
- Comfort and ability to quickly adapt to changing circumstances or demands, and helping team do âŚ
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No visa sponsorship offered
Benefits/PerksAD&D Annual Paid Time Off Annual short-term incentive bonus Base salary Commuter Account Company benefits Competitive benefit package Contributory Pension Plan Dental Employee Assistance Program Flexible Spending Accounts Flexible working Group Accident Group Critical Illness Group Legal Health and welfare benefits Health savings account Identify Theft Protection Leave Benefits Life Insurance Medical Other Leaves Paid holidays Paid Time Off Pension plan Vision Wellbeing Program Work/Life Resources
Tasks- Develop client relationships
- Guide junior colleagues
- Lead financial/actuarial engagements
- Manage multiple clients/projects
- Review project accuracy
Actuarial Analytics Benefit Consulting Benefit plan design Big data analytics Client relationship management Client service Communication Consulting Cost avoidance Excel FMLA Funding strategies Healthcare financial Microsoft Excel Microsoft Office Microsoft PowerPoint PowerPoint Pricing Project Management Underwriting Verbal communication
Experience8 years
Education CertificationsCEBS CEBS designation Health actuarial designation State Life and Health license
TimezonesAmerica/Anchorage America/Chicago America/Denver America/Los_Angeles America/New_York Pacific/Honolulu UTC-10 UTC-5 UTC-6 UTC-7 UTC-8 UTC-9