Health and Benefits Financial/Actuarial Senior Director

WTW•Seattle, WA
•$117,000 - $210,000

About The Position

The Health and Benefits Financial/Actuarial Senior Director serves as the financial lead for large, complex client assignments. The role uses health and benefits financial and actuarial expertise to make strategic recommendations on funding, plan design, and innovative financial solutions. It applies financial management and data analytics expertise to address complex client problems and lead the development of new Health and Benefits intellectual capital. The Senior Director leads financial and actuarial engagements and develops strategies for medium and/or large clients. The role drives revenue growth by selling additional actuarial, financial, and risk solutions; reviews the quality of consulting deliverables; guides regional and global teams; and builds relationships and collaborates across the organization.

Requirements

  • At least 10 years of experience and demonstrated success delivering complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment.
  • Proven ability to generate revenue.
  • Track record of success managing and growing client relationships.
  • Deep understanding and expert knowledge of employee benefit plan design, underwriting, and funding concepts.
  • Proven ability to lead data analytics projects.
  • Ability and interest in keeping abreast of developments in health and welfare plan strategy and leading the development of new intellectual capital.
  • Ability to use judgment and past experience to predict which methods will work.
  • Multiple years of experience across one or more client segments.
  • Executive presence and polished, well-developed written and oral communication skills.
  • Superior ability to influence and collaborate with senior management and work across all levels of an organization.
  • Excellent Microsoft Office skills, particularly Excel and PowerPoint.
  • State Life and Health license required within 90 days of joining.

Nice To Haves

  • Actuarial designation and current continuing education are optional.

Responsibilities

  • Communicate complex concepts and financial, actuarial, and analytic results to drive client action and improve plan performance.
  • Lead financial and actuarial engagements for medium to large clients.
  • Develop and deliver financial and actuarial strategies for a portfolio of medium and/or large clients.
  • Drive revenue growth through sales of additional actuarial, financial, and/or risk solutions to clients.
  • Conduct consulting quality reviews and oversee client delivery for financial and actuarial deliverables.
  • Guide regional and global teams on deliverables based on client needs, and review models and presentations for client delivery.
  • Build internal relationships and collaborate effectively on cross-functional teams.
  • Lead the development of new Health and Benefits intellectual capital.

Benefits

  • Competitive benefits package, subject to eligibility requirements.
  • Health and welfare benefits include medical and prescription drug coverage, dental, vision, a Health Savings Account, commuter accounts, health care and dependent care Flexible Spending Accounts, company-paid and supplemental life insurance, AD&D, group accident and critical illness coverage, group legal, identity theft protection, a wellbeing program, adoption and surrogacy assistance, auto/home insurance, pet insurance, and work/life resources.
  • Mental health and emotional wellbeing resources, including an Employee Assistance Program.
  • Paid holidays and annual paid time off, including applicable state/local paid leave.
  • Short-term and long-term disability, and other leaves including bereavement, FMLA, ADA, jury duty, military, parental, and adoption leave.
  • Contributory pension plan and 401(k) Savings Plan.
  • Some roles at Level 38 and above may be eligible for non-qualified deferred compensation and deferred savings plans.
  • Annual short-term incentive bonus.
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