Healthcare Financial/Actuarial Senior Director

WTW•Minneapolis, MN
•Hybrid

About The Position

As a Health and Benefits Financial/Actuarial Senior Director, you will serve as the financial lead for large, complex client assignments. You will use your benefits financial and actuarial expertise to make strategic recommendations on funding, plan design, and innovative financial solutions. You will apply financial management and data analytics expertise to solve complex client problems and lead the development of new Health and Benefits intellectual capital. The role leads financial and actuarial engagements and strategy for medium and large clients, supports client growth, and oversees the quality and delivery of financial and actuarial work. It guides regional and global teams, reviews models and presentations, and builds internal relationships through cross-functional collaboration. The role may be based in Chicago, Minneapolis, St. Louis, Kansas City, Grand Rapids, or Detroit. WTW describes its working approach as primarily hybrid, with remote, in-person, and in-office interactions depending on the needs of the team, role, and clients.

Requirements

  • 10 or more years of experience and demonstrated success delivering complex health and welfare financial and actuarial strategies and analyses 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.
  • Interest and aptitude 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 multiple 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 in 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 analytical results to drive client action and improve plan performance.
  • Lead financial and actuarial engagements for medium and large clients.
  • Develop and deliver financial and actuarial strategy for a portfolio of medium and/or large clients.
  • Drive revenue growth through client sales of additional actuarial, financial, and/or risk solutions.
  • Provide consulting quality reviews and client delivery for all types of 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

  • 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
  • Group Legal
  • Identity Theft Protection
  • Wellbeing Program and Work/Life Resources, including Employee Assistance Program
  • Paid holidays and paid time off
  • Short-Term Disability and Long-Term Disability
  • Other leaves, including bereavement, FMLA, ADA, jury duty, military, parental, and adoption leave
  • Qualified contributory pension plan, if eligible
  • 401(k) plan with annual nonelective company contribution
  • Non-qualified retirement plans for eligible senior-level colleagues
  • Annual short-term incentive bonus
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