Health & Benefits Placement Senior Analyst

WTW•Milwaukee, IL

10h•Hybrid

About The Position

As a Health and Benefits Placement Senior Analyst, you will materially contribute to a client’s benefits strategy through managing the entire vendor/carrier bid, procurement, and negotiation process. You will have the ability to significant grow your benefits acumen, and financial, client, project management and negotiations skills by working on cutting edge projects alongside leaders in the industry.

Requirements

1-4 years of experience dealing with the financials of health and benefit plans, ideally gained in a benefit consulting/brokerage firm or at a health insurance company, preferred; alternatively, some exposure to, and interest in, health and benefits plans
Intermediate knowledge of Fully-insured arrangements and understanding self-funded funding arrangements, including stop loss contracts and provisions
Well organized and detail oriented
Flexibility and proven ability to identify and resolve complex issues
Passion for solving problems and sharing solutions to exceed the standards of the client
Strong client service orientation and ability to respond to all communications effectively and in a timely manner
Excellent written and verbal communication skills
Self-starter attitude and ability to establish priorities, work independently and with limited supervision
Strong analytical, creative and integrative skills
Excellent Microsoft Office skills, particularly in Excel and PowerPoint
State Life and Health license required within 90 days of joining
Bachelor’s degree preferred

Responsibilities

Plays an active support role in managing placement activities of clients/projects of varying size and complexity
Demonstrates a core understanding of all broad-based benefit programs
Develops an understanding of client’s needs and can identify products, services and carriers/vendors aligned to needs
Coordinates internal and carrier/vendor meetings for placement projects
Partners with Global Delivery Centers (GDCs) to deliver analyses and project management
With minimal supervision, analyzes proposal/renewal findings; makes suggestions within the placement team and/or Client Service team (CST) on potential finalist carriers small/medium sized clients
Drafts client deliverables for more senior colleagues’ review
Effectively supports carriers’ placement negotiations for placement activities as assigned
Collaborates with CST and H&B Communities of Expertise (COEs) to prepare for client presentations and meetings
Develops and coordinates with the CST to deliver response to clients’ questions and project updates
Responds to carrier/vendor contacts on simple questions and clarifications
Participates in carrier/vendor selection process and draft communication strategies to those not selected
Builds carrier/vendor relationships to enhance WTW’s market position
Follows all internal excellence and compliance requirements

Benefits

Medical (including prescription coverage)
Dental
Vision
Health Savings Account
Commuter Account
Health Care and Dependent Care Flexible Spending Accounts
Group Accident
Group Critical Illness
Life Insurance
AD&D
Group Legal
Identify Theft Protection
Wellbeing Program
Work/Life Resources (including Employee Assistance Program)
Paid Holidays
Annual Paid Time Off (includes state/local paid leave where required)
Short-Term Disability
Long-Term Disability
Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave)
Paid Time Off (only included for Washington roles)
Qualified contributory pension plan (if eligible)
401(k) plan with annual nonelective company contribution
Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements