Health & Benefits Financial Analyst

WTW•Seattle, WA

About The Position

As a Healthcare Financial/Actuarial Associate, 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. You will work with vendors and client teams, help prepare client deliverables, and ensure quality standards are met. The role offers opportunities to develop health and benefits business acumen, financial and project management skills, and communication skills while working on projects alongside industry leaders. The position supports multiple employer client teams across a region, providing financial analyses, outputs, and client deliverables. It contributes to benefit plan analysis, design, cost avoidance, risk and funding strategies, and vendor financial reviews. The role also includes quality reviews for technical and consulting accuracy, claim reporting and financial modeling, project management in partnership with Global Delivery Centers and Client Service teams, and communicating complex analytical results to support client decisions. Visa employment-based non-immigrant visa sponsorship or assistance is not offered for this position.

Requirements

At least 2 years of experience in professional services; experience in a benefit consulting or brokerage firm, or in a health underwriting or actuarial function at an insurance company, is ideal.
Basic knowledge of health and welfare products and services.
Knowledge of carrier claim reporting.
Ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget.
Strong client service orientation and ability to respond to communications effectively and in a timely manner.
Ability to identify and resolve issues.
Strong 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.
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

Ability to learn big data analytic techniques.
Progress toward completion of a health actuarial designation or CEBS designation; optional.

Responsibilities

Provide financial analyses, outputs, and client deliverables to multiple employer client teams across a region.
Support benefit plan analysis, design, cost avoidance, risk, and funding strategies.
Contribute to vendor financial reviews for clients.
Review client projects for technical and consulting accuracy, including pricing and employee contribution strategies, plan design alternatives, and reserve calculations.
Deliver accurate and reliable claim reporting and financial modeling to support client decisions.
Partner with Global Delivery Centers and Client Service teams to provide project management.
Communicate complex financial, actuarial, and analytical results to help drive client action.
Build internal relationships and collaborate effectively on cross-functional teams.
Interface with vendors and client teams, prepare client deliverables, and help ensure quality standards are met.

Benefits

Annual short-term incentive bonus eligibility.
Medical insurance, including prescription coverage.
Dental insurance.
Vision insurance.
Health Savings Account.
Commuter Account.
Health Care and Dependent Care Flexible Spending Accounts.
Group Accident and Group Critical Illness coverage.
Life insurance and AD&D coverage.
Group Legal coverage.
Identity Theft Protection.
Wellbeing Program and Work/Life Resources, including Employee Assistance Program.
Paid holidays and annual paid time off, including paid state or local leave where required.
Short-Term Disability and Long-Term Disability coverage.
Other leaves, including bereavement, FMLA, ADA, jury duty, military, parental, and adoption leave.
Contributory Pension Plan and 401(k) Savings Plan.
Certain senior-level roles may be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.