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Health and Benefits Analyst- Client Service Team

at WTW in Chicago, Illinois, United States

Job Description

Note: visa employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity

The Role

+ Contribute to core health and benefits projects involving the design and management of group medical, dental, life, disability and time off benefits for large, complex clients, including:

+ Benefit plan analysis, design, cost savings and funding strategies

+ Vendor procurement, negotiation and optimization

+ Incorporation of specialized health management, absence and disability management, pharmacy, data analytics and compliance strategies

+ Perform financial analyses including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves

+ Conduct benchmarking studies and other research; provide value added analyses and summaries

+ Analyze and compare vendor products, services and contracts

+ Design, distribute and evaluate responses to surveys and RFPs

+ Build strong relationships with clients by effectively responding to their questions and needs

+ Build relationships internally and collaborate effectively on cross-functional teams

+ Contribute to the development of new tools and approaches

The Requirements

+ 0-3 years’ experience dealing with the financials of health and welfare plans, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company; alternatively, some exposure to, and interest in, health and benefits plans

+ Well organized and detail oriented

+ Flexibility and proven ability to identify and resolve issues

+ Strong client service orientation and ability to respond to all communications effectively and in a timely manner

+ Strong written and verbal communication skills

+ Self-starter attitude and ability to work individually and as part of a team

+ Strong analytical, creative and integrative skills

+ Excellent Microsoft Office skills, particularly in Excel and PowerPoint

+ Bachelor’s degree required, preferably with significant quantitative coursework

+ State Life and Health license required within 90 days of joining

+ Pursuit of CEBS designation, or health and welfare actuarial / underwriting training desired

EEOE, including disability/vets (https://cdn-static.findly.com/wp-content/uploads/sites/1240/2020/08/EEO-Policies-for-WTW-Careers-site-2020-1.pdf)

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Job Posting: JC257314778

Posted On: Mar 25, 2024

Updated On: Apr 10, 2024

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