Financial Analyst - Health and Benefits

Employer
Willis Towers Watson
Location
Hunt Valley, MD
Posted
Oct 18, 2021
Closes
Oct 20, 2021
Ref
150287664
Function
Analyst
Industry
Insurance
Hours
Full Time
As a Health and Benefits Financial Analyst, you will contribute to a wide variety of complex projects involving the design, financing and ongoing management of the full spectrum of health and benefit programs. This is a foundational role that provides excellent opportunities to grow your health and benefits business acumen, financial skills and client management skills by working on cutting edge projects alongside leaders in the industry.**The Role**Collaborate with the financial consultant and Account Executive in the financial and associated funding strategy for group medical, dental, life, vision and disability plans. In the context of that strategy:+ Perform financial analyses including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves+ Conduct benchmarking studies and other research; provide value added analyses and summaries+ Provide support to managing the time-line for marketing projects and annual renewals, including working with clients, carriers, vendors and service team+ Build strong relationships with clients by effectively responding to their questions and needs+ Build relationships internally and collaborate effectively on cross-functional teams+ Contribute to the development of new tools and approaches+ Size and complexity of clients: * Fully-insured and self-insured clients * Multi-state * Typical size: 500 to 5,000 employees**The Requirements**+ 1-2 years' experience dealing with the financials of health and benefit plans, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company; alternatively, some exposure to, and interest in, health and benefits plans+ Well organized and detail oriented+ Flexibility and proven ability to identify and resolve issues+ Strong client service orientation and ability to respond to all communications effectively and in a timely manner+ Strong written and verbal communication skills+ Self-starter attitude and ability to work individually and as part of a team+ 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 required, with significant quantitative course work+ Pursuit of CEBS designation, or health and welfare underwriting training desiredEOE, including disability/vets (https://cdn-static.findly.com/wp-content/uploads/sites/1240/2020/08/EEO-Policies-for-WTW-Careers-site-2020-1.pdf)

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