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Senior Associate, Health & Benefits, Client Service Team

at WTW in Chicago, Illinois, United States

Job Description

The Role

+ Materially 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

+ Partner with Consultants to deliver superior project management on select clients

+ Perform financial analysis including developing pricing and employee contributions strategies, modeling 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 survey and Request For Proposals

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

+ Review analytical work, mentor and develop junior level staff

+ Contribute to the development of new intellectual capital

The Requirements

+ 5+ 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

+ Proven ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget

+ 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 financial skills; prior experience in health and welfare product pricing, underwriting or valuation work strongly preferred

+ Proven experience creating project plans and successfully leading teams in execution of the project against plan guidelines

+ Demonstrated success in managing client issues and relationships

+ Desire and ability to expand relationships with current clients

+ Polished and well developed oral and written communication skills

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

+ Flexibility and proven ability to identify and resolve issues

+ Strong analytical, creative and integrative skills

+ Experience in training/mentoring junior staff

+ Excellent Microsoft Office skills, particularly in Excel and PowerPoint

+ Availability to travel on an as needed basis

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

+ Bachelor’s degree required, preferably with significant quantitative course work

EEO, including disability/vets (https://cdn-static.findly.com/wp-content/uploads/sites/1240/2021/06/14082050/EEO-Policies-for-WTW-Careers-site-2021.pdf)

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Job Posting: JC258135018

Posted On: Apr 10, 2024

Updated On: Apr 30, 2024

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