Healthcare Financial/Actuarial Lead Associate

$80,000 - $100,000/Yr

Willis Towers Watson - Los Angeles, CA

Full-time - Mid Level

Los Angeles, CA

Insurance Carriers and Related Activities

About the position

As a Healthcare Financial/Actuarial Lead Associate, you will play a crucial role in conducting complex analyses and projects related to employer health and group benefit programs. This position involves interfacing with vendors and client teams, preparing client deliverables, and ensuring quality standards are met. You will have the opportunity to enhance your business acumen in health and benefits, as well as your financial, project management, and communication skills by working on innovative projects alongside industry leaders.

Responsibilities

• Provide financial analyses, outputs, and client deliverables across multiple employer client teams.
• Direct benefit plan analysis, design, cost avoidance, risk, and funding strategies.
• Contribute to vendor financial reviews for clients and ensure technical accuracy on client projects.
• Develop pricing and employee contributions strategies, model plan design alternatives, and calculate reserves.
• Deliver accurate claim reporting and financial modeling to support client decisions.
• Collaborate with Global Delivery Centers and Client Service teams for superior project management.
• Communicate complex financial/actuarial/analytic results to drive client action.
• Build strong internal relationships and collaborate effectively on cross-functional teams.

Requirements

• 4+ years' experience in professional services, ideally in benefit consulting/brokerage or health underwriting/actuarial functions.
• Knowledge of health and welfare products & services.
• Ability to learn big data analytic techniques preferred.
• Intermediate/advanced knowledge of underwriting and funding concepts.
• Proven ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget.
• Strong client service orientation and effective communication skills.
• Proven ability to identify and resolve issues with limited information.
• Strong written and verbal communication skills.
• Self-starter attitude with the ability to work independently and as part of a team.
• Strong analytical, creative, and integrative skills.
• Ability to direct the work of junior colleagues and provide feedback.
• Excellent Microsoft Office skills, particularly in Excel and PowerPoint.
• State Life and Health license required within 90 days of joining.

Nice-to-haves

• Progress towards completion of health actuarial designation or CEBS designation (optional).

Benefits

• Health savings account
• Paid jury duty
• Paid holidays
• Disability insurance
• Health insurance
• Dental insurance
• Military leave
• Paid time off
• Parental leave
• Employee assistance program
• Vision insurance
• Life insurance
• Prescription drug insurance