Willis Towers Watson

Health & Benefits Analyst

Posted on Jun 3 Chicago, IL 212 views

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.

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

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, 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

  • 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

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

  • Pursuit of CEBS designation, or health and welfare actuarial / underwriting training desired




Equal Opportunity Employer/Vet/Disability

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