Willis Towers Watson

Health and Benefits Actuarial Consultant - Boston

Posted on May 12 Boston, MA 163 views

The Role

As a Health and Benefits Actuarial Consultant, you will be at the forefront of managing projects for large, complex clients and leverage your experience as a benefits expert to make recommendations on plan design and management on the full array of health and benefits programs. You will also serve as the technical/financial expert on select projects. You will participate in new business activities and the creation of new intellectual capital. You will position yourself to grow into a senior relationship management and/or leadership role by serving as the pivotal point on projects and working alongside industry experts at one of the world’s leading actuarial consultancies.

  • Play a lead role in the design/management of group medical, dental, disability and tie off plans for large, complex clients, including:

    • 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

  • Serve as the technical/financial expert on select projects

  • Serve as lead project manager and day to day contact for select clients; materially contribute to project plan creation and lead the team on delivery; ensure progress against established objectives, budgets, timelines, deliverables and quality standards

  • 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 Senior Analysts

  • Contribute to the development of new intellectual capital

The Requirements

  • 7+ years’ experience and success in the design/management of large 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

  • Strong financial skills; prior experience in health and welfare product pricing, underwriting or valuation work strongly preferred

  • Proven experience creating project plans and successfully leading teams in execution of the project against plan guidelines

  • Demonstrated success in managing client issues and relationships

  • Desire and ability to expand relationships with current clients

  • Polished and well developed oral and written communication skills

  • Self-starter attitude and ability to work individually and as part of a team

  • Flexibility and proven ability to identify and resolve issues

  • Strong analytical, creative and integrative skills

  • Experience in training/mentoring junior staff

  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint

  • Availability to travel on an as needed basis

  • State Life and Health license required within 90 days of joining

  • Bachelor’s degree required, preferably with significant quantitative course work

  • Actuarial designation required

EOE, including disability/vets

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