Healthcare Financial/Actuarial Analyst

Willis Towers Watson • Detroit, MI, United States • $200k - $250k / year • 1w ago

Description

Candidates in any of the following locations will be considered:

Detroit, MI, Minneapolis, MN, St. Louis, MO, Milwaukee, WI, Indianapolis IN, Kansas, KS, Columbus, OH, Cincinnati OH, Cleveland, OH, Pittsburgh, PA

As a Healthcare Financial/Actuarial Analyst, you will support a wide variety of projects involving the design, funding, measurement, and financial analysis of employer health and welfare benefit programs including medical, dental, life, disability, and voluntary benefits. You will interface with client teams, contribute to analyses and client deliverables, and ensure quality standards are met. You will have the opportunity to significantly grow your health and benefits business acumen as well as your financial, project management, and communication skills by working on cutting-edge projects alongside leaders in the industry.

With clear guidance and direction, play an active support role in multiple client teams developing financial analyses, outputs, and client deliverables across a regional team.
Develop working proficiency of core financial, actuarial, and analytics theories, models, and tools.
Support accurate and reliable claim reporting and financial modeling to guide client decisions.
Develop basic knowledge of all broad-based benefit programs (e.g., health care, pharmacy, wellbeing, life, disability, voluntary benefits).
Assist with financial modeling of benefit plan designs, cost avoidance/funding strategies, and budget projections and rate/contribution development with clear guidance and direction.
Take responsibility for execution of specific tasks that contribute to financial/actuarial deliverables for clients, with guidance and adherence to stated deadlines.
Partner with Global Delivery Centers and Client Service teams to deliver superior project management.
Build strong relationships internally and collaborate effectively on cross-functional teams.

Qualifications

Prefer internship and/or 1+ years’ work experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting/actuarial function of an insurance company.
Basic knowledge of some health and welfare products & services.
Strong data management, math, and/or analytics capabilities.
Ability to identify inconsistencies in data.
Proven ability to manage multiple projects simultaneously.
Strong client service orientation (internal and external).
Ability to identify and resolve issues.
Strong written and verbal communication skills.
Self-starter attitude and ability to work independently and as part of a team.
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.

Company Benefits

WTW provides a competitive benefits 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, Identity 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).
Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).

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.

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