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    Healthcare Financial/Actuarial Associate Director, Health - Chicago, IL, United States - WTW

    WTW
    WTW Chicago, IL, United States

    2 weeks ago

    Default job background
    Description

    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 clients' 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 and will have the opportunity to work on cutting edge projects alongside leaders in the industry.

    Leads clients' 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 employers' and vendors' primary contacts to build and enhance WTW and H&B's brand
    Guides teams on cost avoidance, risk and funding strategies and deliverables based on client need
    Provides 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
    8+ 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 broad health and welfare products & services
    ~ Knowledge and experience using big data analytic techniques
    ~ Expert knowledge of cost avoidance, risk and funding strategies
    ~ Proven ability to lead multiple clients/projects simultaneously and produce quality deliverables on time and within budget
    ~ Comfort and ability to quickly adapt to changing circumstances or demands, and helping the team do the same
    ~ Ability to guide 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.

    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, Retirement Benefits:
    Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.
    #
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