Lead Associate

WTW


Date: Nov 25, 2022
City: Minneapolis, MN
Contract type: Full time
WTW

The Role


As a Health and Group Benefits Financial Analyst, you will contribute to a wide variety of complex projects involving the design, financing, delivery, ongoing management and communication of the full spectrum of health and group benefit programs including medical, dental, life, disability, tax-advantaged accounts, voluntary benefits and flexible benefits. You will interface with vendors and key clients internally and externally, create client deliverables, and ensure quality standards are met.


Performance Objectives:


Excellence



  • Perform financial analyses including developing pricing and employee contribution 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

  • Prepare financial reporting packages including dashboards and annual reports

  • Communicate and liaise effectively with colleagues and clients regarding data collection and project execution

  • Partner with Financial Consultants to deliver superior client deliverables for complex projects


People



  • Build strong relationships internally and collaborate effectively on cross-functional teams

  • Work with data and analytics subject matters experts to deliver meaningful, useful data

  • Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels


Clients



  • Deliver on projects to meet or exceed client expectations

  • Increase efficiency within client teams by identifying ways to improve processes

  • Begin to deliver financial reporting information direct to the client


Financial



  • Deliver accurate and reliable claim reporting and financial modeling tools used to drive client decisions

  • Contribute to sales and marketing efforts by drafting proposals and responding to RFPs


The Requirements



  • Prefer some experience (could be as an internship) dealing with the financials of group health and welfare plans, ideally gained in a group benefit consulting/brokerage firm or group health underwriting or actuarial function (pricing/valuation) of an insurance company

  • Well-organized and detail-oriented

  • Strong written and verbal communication skills

  • Ability to ask the right questions and seek help where appropriate

  • Ability to respond to all communications effectively and in a timely manner

  • Flexibility and proven ability to diagnose and resolve issues, strong client service orientation

  • Demonstrated leadership qualities

  • Ability to work both independently and on client teams and enjoy a fast-paced environment

  • Sense of accountability; owning one’s work and taking pride in it

  • Self-starter: interest in continually challenging oneself and willingness to step outside of one’s comfort zone

  • Interest and ability to think beyond the task at hand and understand how one’s work fits into the broader landscape

  • Strong analytical and integrative skills including ability to draw conclusions and identify trends from data in a logical, systematic way

  • Excellent Microsoft Office skills, particularly in Excel

  • Bachelor's degree required


WTW may be subject to employment-related COVID-19 vaccination mandates from time to time in certain jurisdictions that may require certifying and providing documentation of vaccination against COVID-19 to work in a WTW office.


EOE, including disability/vets

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume