Health amp Benefits Actuary - Lead Associate

Profile

As a Health and Benefits Lead Associate Actuary you will contribute to a wide variety of complex projects involving the design, financing, delivery, ongoing management and communication of the full spectrum of health and group benefit programs including medical, dental, life, disability, time off and flexible benefits. You will interface with vendors and key clients internally and externally, create client deliverables, and ensure quality standards are met.

The Role


Partner with Consultants to deliver superior, consistent project management for assigned clients
Draft statements of work, project plans and budgets involving multiple workflow streams and client teams
Serve as the day to day project lead, ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards
Serve as primary, daily contact to clients on delivery of services
Manage client expectations and raise appropriate issues to Senior Consultants and Client Relationship Managers
Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects
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
Communicate and liaise effectively with colleagues and clients regarding data collection and project execution
Review analytical work and draft documents prepared by more junior analysts
Build strong relationships internally and collaborate effectively on cross-functional teams
Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
Meet chargeable hours targets
Contribute to sales and marketing efforts by drafting proposals and responding to RFPs
Directly contribute to clients’ success through applying your technical expertise.


The Requirements


3 years’ experience dealing with the financials of group health and welfare plans, ideally gained in a group benefit consulting/brokerage firm or group health underwriting or actuarial function (pricing/valuation) of an insurance company; additional experience with life/disability plans desired
Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget
Strong written and verbal communication skills
Ability to ask the right questions and seek help where appropriate
Ability to respond to all communications effectively and in a timely manner
Flexibility and proven ability to diagnose and resolve issues; strong client service orientation
Demonstrated leadership qualities
Ability to work both independently and on client teams and enjoy a fast-paced environment
Sense of accountability; owning one’s work and taking pride in it
Self starter; interest in continually challenging oneself and willingness to step outside of one’s comfort zone
Interest and ability to think beyond the task at hand and understand how one’s work fits into the broader landscape
Strong analytical and integrative skills including ability to draw conclusions and identify trends from data in a logical, systematic way
Excellent Microsoft Office skills, particularly in Excel
Bachelors degree required
ASA or significant progress towards completion of ASA


The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 45,000 employees serving more than 140 countries and markets. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

Willis Towers Watson is an equal opportunity employer

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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