Health & Benefits- Financial/Actuarial Associate Manager

WTW•San Francisco, CA

10d•$80,000 - $105,000

About The Position

As a Healthcare Financial/Actuarial Associate Manager, you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will contribute to complex analyses and projects involving the design, financing, measurement, and financial analysis of employer health and group benefit programs, including medical, dental, life, disability, and voluntary benefits. The role involves interfacing with vendors and client service teams, preparing and communicating complex analyses to clients, and ensuring quality standards are met. You may have the opportunity to lead financial projects for small-to-midsized clients and work on cutting-edge projects alongside industry leaders. With guidance and direction, you will support multiple client teams across a regional team by developing financial analyses, outputs, and client deliverables. You will build proficiency in financial, actuarial, and analytics theories, models, and tools; support accurate claim reporting and financial modeling; and develop knowledge of broad-based benefit programs. You will assist with benefit plan design modeling, cost avoidance and funding strategies, budget projections, and rate and contribution development. You will execute defined tasks for client deliverables, work with Global Delivery Centers and Client Service teams on project management, and build internal relationships through cross-functional collaboration.

Requirements

At least 5 years of experience in professional services, ideally at a benefit consulting or brokerage firm, or in a health underwriting or actuarial function at an insurance company.
Advanced knowledge of health and welfare products and services.
Advanced knowledge of underwriting and funding concepts.
Proven ability to lead multiple projects simultaneously and deliver quality work on time and within budget.
Ability and desire to expand client relationships.
Ability to identify and resolve issues with limited information and experience.
Well-developed written and verbal communication skills.
Self-starter attitude and ability to work independently and as part of a team.
Strong analytical, creative, and integrative skills.
Ability to direct the work of more junior colleagues and provide feedback.
Excellent Microsoft Office skills, particularly Excel and PowerPoint.
State Life and Health license required within 90 days of joining.
Relevant financial experience and/or a university degree.

Nice To Haves

Experience with big data analytic techniques.
Progress toward completion of a health actuarial designation or CEBS designation.

Responsibilities

Support multiple client teams in developing financial analyses, outputs, and client deliverables across a regional team.
Develop working proficiency in 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 broad-based benefit programs, including health care, pharmacy, wellbeing, life, disability, and voluntary benefits.
Assist with financial modeling of benefit plan designs, cost avoidance and funding strategies, budget projections, and rate and contribution development.
Execute specific tasks contributing to client financial and actuarial deliverables, adhering to guidance and deadlines.
Partner with Global Delivery Centers and Client Service teams to support project management.
Build internal relationships and collaborate effectively on cross-functional teams.

Benefits

Competitive benefits package, subject to eligibility requirements.
Medical coverage, including prescription drug coverage and fertility benefits.
Dental insurance.
Vision insurance.
Health Savings Account.
Commuter Accounts.
Health Care and Dependent Care Flexible Spending Accounts.
Company-paid life insurance and supplemental life insurance.
AD&D, group accident, and group critical illness coverage.
Group legal coverage and identity theft protection.
Wellbeing program and mental health/emotional wellbeing resources, including an Employee Assistance Program.
Adoption assistance and surrogacy assistance.
Auto and home insurance, pet insurance, and other work/life resources.
Paid holidays and annual paid time off, including required state and local paid leave.
Short-Term Disability and Long-Term Disability.
Other leaves, including bereavement, FMLA, ADA, jury duty, military, parental, and adoption leave.
Contributory Pension Plan.
401(k) Savings Plan.
Eligible senior roles may also receive non-qualified Deferred Compensation and Deferred Savings Plans.
Annual short-term incentive bonus.