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Early Careers: Intern Conversion Only: Health and Benefits Analyst

3 months ago


Short Hills, New Jersey, United States Willis Towers Watson Full time
Job Description

Create a career that goes in the direction you choose. Get to know opportunity.

The Business

In Health & Benefits (H&B), our purpose is that through our colleagues we help our clients make a difference in the lives of their employees. We help large and mid-size clients control soaring health and welfare plan costs, improve health outcomes and promote employee engagement through broad-based, state-of-the-art interventions. We provide solutions encompassing creative plan design, vendor evaluation and management, pricing and funding strategies, data analytics, valuation support, and legal compliance and governance strategies. We also provide specialty consulting services including clinical/health management program design, pharmacy solutions, disability/absence management strategies and claims audit services. Product-based solutions such as our pharmacy purchasing coalition round out our broad-based suite of offerings.

Explore an opportunity: WTW's Recent College Graduate Program (RCGP) is a centrally run, 12-month program for recent college graduates. The program offers a centralized team to support talent throughout the program by providing the opportunity to develop a broad knowledge base across the health care, group benefits and wellbeing space and build a diverse network through exposure to different client cohorts and projects. Our Recent College Graduate Program will include a comprehensive curriculum designed to help develop the skills and competencies that needed for your personal success, while also supporting WTW's growth

The program will provide:

• A broad baseline of the H&B market and coverage offerings

• An understanding of the practical use of the tools that assist us with our financial work

• The ability to apply this knowledge to your everyday work

• An opportunity to meet colleagues from around the country

• Lots of interaction, so we'll all try to have some fun

• Exposure to Senior leadership and thought leaders across the firm

At WTW, the RCGP is supported by Senior Leadership with the intent to develop and retain industry's top talent. If you are analytically curious, interested in working beside some of the industry's top consultants while you progress toward becoming a thought leader of the future, motivated to jump into the dynamic employee benefits industry, and want to grow with a community of peers, apply today

Love your work. You will work with colleagues of all levels and gain exposure to clients ranging in the Fortune 500 sector to mid- and smaller-sized companies.

• Support the development and implementation of new client strategies and solutions

• Analyze and compare vendor products, services, and contracts

• Perform financial analyses, including developing pricing, creating employee contribution strategies, modeling plan design alternatives, etc.

• Gain specialized knowledge in areas such as pharmacy, life and disability insurance, health equity and wellbeing, vendor placement, actuarial/analytics, and more

• Evaluate responses to surveys and vendor proposals

• Collaboratively work with your RCGP class supporting project opportunities and various trainings

Qualifications

Role Requirements.
  • Summer 2025 internship with the Health & Benefits business
  • Progress towards a Bachelor's or Master's degree with a minimum overall GPA of 3.0
  • Preferred course work may include human capital/human resource management, health economics, risk management & insurance, business management, marketing and finance, advanced mathematics
  • Prior internship or other work experience demonstrating increasing levels of complex work, autonomy, and client service skills
  • For Actuarial students: Successful completion of one or more actuarial exams highly preferred
  • Ability to be a self-starter and work independently, but also cooperatively in a close team environment
  • Passion for solving problems and sharing solutions to exceed client standards
  • Resourceful and creative; inquisitive
  • Sense of accountability; owning one's work and taking pride in it
  • Thrives in a fast-paced, client-oriented environment
  • Excellent oral and written communication skills
  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint
  • Accepting applications from candidates who graduate with a bachelor's or master's degree between May 2024 through August 2025
Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation
The base salary compensation range being offered for this role is $70, ,000 USD.
This role is also eligible for an annual short-term incentive bonus.

Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
  • Health and Welfare 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 and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid 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 (Washington State only)
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).
WTW Work Flex: At WTW, we see things differently. We understand flexibility is key to supporting an inclusive and diverse workforce and so we have a variety of different working arrangements which we call "WTW Work Flex". We encourage colleagues and candidates to make requests for the types of flexible working arrangements that suit them. Visit our career site for more information:

EOE, including disability/vets