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 Requirement
+ 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