As a Health and Benefits Financial Consultant, you will serve as the financial lead onA' multiple client assignments. Specifically, drawing from your deep understanding of plan design and the cost drivers behind it, you will serve as the expert around the financials of a particular plan, and drive the strategy around its design. You will have the opportunity to significantly grow your benefits acumen and, financial, client and business development skills working on cutting edge projects with industry leaders. The Role Strategize with Account Executive and others to identify client financial priorities for group medical, dental, life, vision and disability plans: Analyze underlying cost drivers, and proactively evaluate and recommend potential changes to mitigate trend or meet other business objectives; develop pricing and employee contribution strategies, model plan design alternatives, etc. Evaluate and recommend different financing options including self, fully insured and hybrid insured Manage the placement process including overseeing placement specialist in marketing of insurance; evaluate and recommend final selection Serve as trusted advisor to clients and serve as project manager on financial projects; ensure progress against timeline, deliverables, etc. Maintain and cultivate strong carrier relationships to enhance Willis Towers Watson's position in the marketplace Support the generation of new business by participating in prospecting opportunities with new clients as part of a broader team Build relationships internally and collaborate effectively on cross-functional teams Review analytical work, mentor and develop Analysts and Placement Specialists Maintain annual renewal reports, monthly reports and quarterly reports, which includes providing monthly reporting of client and carrier information Calculate and develop Incurred But Not Reported ("IBNR"A' ) reserves, underwriting projections, rate development, actuarial plan impact, Pharmacy Benefit Management analysis, and claims repricing analysis Provide valued-added consulting expertise on large, sophisticated projects including health and welfare plan re-design, pricing, medical valuations, funding and employee contributions strategies, reserve calculations, benchmarking studies and negotiations, plan renewals and vendor analysis and management Comply with internal compliance and auditing requirements, including the preparation of the Compensation Disclosure for lines of coverage sought and received Contribute to the development of new intellectual capital Size and complexity of clients: Fully-insured and self-insured clients Multi-state Typical size: 200 to 5,000 employees The Requirements A cents € cents 5 - 7+ years' experience and success in the financial elements of design/management of group health and benefits plans gained in a consulting or brokerage environment; alternatively, similar experience in a consultative role gained at a carrier or vendor A cents € cents Strong financial skills; prior experience in health and welfare product pricing, underwriting or valuation work strongly preferred A cents € cents Demonstrated success in managing client issues and relationships A cents € cents Desire and ability to expand relationships with current clients A cents € cents Polished and well developed oral and written communication skills A cents € cents Self-starter attitude and ability to work individually and as part of a team A cents € cents Flexibility and proven ability to identify and resolve issues A cents € cents Strong analytical, creative and integrative skills A cents € cents Experience in training/mentoring junior staff A cents € cents Excellent Microsoft Office skills, particularly in Excel and PowerPoint A cents € cents Availability to travel on an as needed basis A cents € cents State Life and Health license required within 90 days of joining A cents € cents Bachelor's degree required, preferably with significant quantitative course work Willis Towers Watson is a federal contractor and sub-contractor subject to the mandatory COVID-19 vaccination requirements of Presidential Executive Order 14042.A' Therefore, you must certify and provide documentation of full vaccination against COVID-19 if you are hired in the US If you are unable or unwilling to be vaccinated because of medical reasons or sincerely-held religious beliefs, and you accept an offer from WTW, you may request a medical or religious accommodation.A' If you require an accommodation, the Company will evaluate your request and work with you to identify reasonable alternatives to vaccination, if available. EOE, including disability/vets This employer is a corporate member of myGwork, the business community for LGBTQ+ professionals, students, inclusive employers & anyone who believes in workplace equality.