Willis Towers Watson

Health & Benefits Associate Actuarial

Posted on Mar 31 252 views Stamford, CT


The Role


As a Health and Benefits 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 and client management skills by working on cutting edge projects alongside leaders in the industry.

Responsibilities:

  • Contribute to core health and benefits projects involving the design and management of group medical, dental, life, disability and time off benefits for large, complex clients. Sample projects include:

    • Benefit plan analysis, design, cost savings and funding strategies
    • Vendor procurement, negotiation and optimization
    • Incorporation of specialized health management, absence and disability management, pharmacy, data analytics and compliance strategies
  • 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
  • Analyze and compare vendor products, services and contracts
  • Design, distribute and evaluate responses to surveys and RFPs
  • 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

The Requirements
  • 1-2 years’ experience dealing with the financials of health and welfare 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
  • Bachelor’s degree required, preferably with significant quantitative coursework
  • State Life and Health license required within 90 days of joining
  • Pursuit of CEBS designation, or health and welfare actuarial / underwriting training desired


EOE, including disability/vets