The Role

 

As a Health & Benefits Analyst you will support a wide variety of projects involving the design, funding, measurement, and financial analysis of the full spectrum of employer health and benefit programs including medical, dental, life, disability, voluntary benefits, etc., and will contribute to a client’s benefits strategy through managing the entire carrier procurement and negotiation process.  You will interface with client service teams and global delivery centres to contribute to analyses and client deliverables, ensuring quality standards are met. You will have the opportunity to significantly grow your health and benefits business acumen as well as your financial, project management, negotiation, and communication skills by working on cutting edge projects alongside leaders in the industry.

 

The Role

 

Play an active support role in multiple client teams developing financial analyses, outputs and client deliverables across a regional team. Develop working proficiency of core financial, actuarial and analytics theories, models and tools. Support accurate and reliable claim reporting and financial modeling to guide client decisions. Develop basic knowledge of all broad-based benefit programs (e.g., health care, pharmacy, wellbeing, life, disability, voluntary benefits, etc.) Assist with financial modeling of benefit plan designs, cost avoidance/funding strategies, and budget projections and rate/contribution development  Take responsibility for execution of specific tasks that contribute to financial, analytical and placement deliverables for clients, with guidance and adherence to stated deadlines.  Manage follow-up questions/request from the carriers/vendors Collect, summarize and analyze proposal findings; support negotiations, make recommendations for finalist carriers, and communication to carriers Design and manage placement (renewal/marketing) deliverables with a strict adherence to stated deadlines  Increase efficiency within client teams by identifying ways to improve processes  Build relationships internally and collaborate effectively on cross-functional teams  Partner with Global Delivery Centers and Client Service teams to deliver superior project management. Comply with internal excellence and compliance requirements  Contribute to the development of new intellectual capital

The Requirements

1+ years’ experience dealing with the financials of health and benefit plans, ideally gained in a benefit consulting/brokerage firm or at a health insurance company, preferred; alternatively, some exposure to, and interest in, health and benefits plansWell organized and detail orientedStrong analytics capabilities with an ability to identify inconsistencies in data, identify and resolve complex issuesPassion for solving problems and sharing solutions Excellent written and verbal communication skillsProven ability to manage multiple projects simultaneouslySelf-starter attitude and ability to establish priorities, work independently with limited supervision and as part of a teamExcellent Microsoft Office skills, particularly in Excel and PowerPointProvincial Life and Health license required within 180 days of joining Relevant financial experience and/or university degree. 

 

Company Benefits

 

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time OffRetirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans. 

 

 

WTW is an Equal Opportunity Employer, including disability/vets