Healthcare Financial/Actuarial Director

1 week ago

Short Hills, United States WTW Full time

Candidates located in any of the following cities will be considered:

Philadelphia, PA, King of Prussia, PA, Stamford, CT, Boston, MA

Job Overview

As a Health and Benefits Financial/Actuarial Director, you will serve as the financial lead for large, complex client assignments. You’ll leverage your experience as a benefits financial/actuarial expert to make strategic recommendations on funding, plan design and innovative financial solutions. You will apply your financial management and data analytics expertise to solve complex client problems and to lead the development of new H&B intellectual capital.

Key Responsibilities
  1. Communicates and delivers complex concepts and financial/actuarial/analytic results to effectively drive client action and improve plan performance.
  2. Leads Medium to Large clients’ financial/actuarial engagements.
  3. Develops and delivers the financial/actuarial strategy for a portfolio of Medium and/or Large clients.
  4. Drives revenue growth through client sales of additional actuarial, financial, and/or risk solutions.
  5. Provides consulting quality reviews and client delivery for all types of financial/actuarial deliverables.
  6. Guides team (regional and global) on deliverables based on client need; review models and presentations for client delivery.
  7. Builds relationships internally and collaborates effectively on cross-functional teams.
Qualifications
  1. 10+ years’ experience and demonstrated success in the delivery of complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment.
  2. Proven ability to generate revenue.
  3. Track record of success in managing and growing client relationships.
  4. Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting and funding concepts.
  5. Proven ability to lead data analytic projects.
  6. Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy and leading the development of new intellectual capital.
  7. Ability to leverage judgement and past experiences to predict which methods will work.
  8. Multiple years of experience across one or multiple client segments.
  9. An executive presence with polished and well developed written and oral communication skills.
  10. Superior ability to influence and collaborate with senior management and work across all levels of an organization.
  11. Excellent Microsoft Office skills, particularly in Excel and PowerPoint.
  12. State Life and Health license required within 90 days of joining.
  13. Actuarial designation and current continuing education (optional).

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

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 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).

The base salary compensation range being offered for this role is $140,000.00 to $200,000.00 USD per year. 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, Identity 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).
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).
Flexible Working

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a hybrid style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and hybrid is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

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