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Healthcare Financial/Actuarial Senior Associate

WTW - Chicago, IL

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Job Description

2 weeks ago Be among the first 25 applicants Description As a Healthcare Financial/Actuarial Senior Associate you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will contribute to a wide variety of complex analyses and projects involving the design, financing, and measurement of the financial analysis of the full spectrum of employer health and group benefit programs including medical, dental, life, disability, voluntary benefits, etc. You will interface with vendors and client service teams, prepare and communicate complex analyses to clients, and ensure quality standards are met. You will have the opportunity to lead financial projects with small-to-mid sized clients and work on cutting edge projects alongside industry leaders. Develops knowledge of varying client complexity by working across different client profiles and roles, including leading clients’ financial/actuarial engagements for a portfolio of small clients or managing FAA resources to coordinate effective and efficient delivery of more complex client deliverables Demonstrates advanced/expert knowledge in all aspects of employee benefit plan design, underwriting and funding concepts and H&B tools Is a key member on multiple employer client teams providing financial analyses, outputs and client deliverables across a region Provides direction on benefit plan analysis, design, cost avoidance, risk and funding strategies Reviews technical and consulting accuracy on client projects, including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves Communicates complex financial/actuarial/analytic results to effectively drive client action Partners with Global Delivery Centers and Client Service teams to deliver superior project management Builds strong internal relationships and collaborates effectively on cross-functional teams Qualifications 5+ years’ experience in professional services, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company Advanced knowledge of health and welfare products & services Experience with big data analytic techniques preferred Advanced knowledge of underwriting and funding concepts Proven ability to lead multiple projects simultaneously and produce quality deliverables on time and within budget Desire and ability to expand relationships with clients Proven ability to identify and resolve issues with limited information and experience Polished and well developed written and verbal communication skills Self-starter attitude and ability to work independently and as part of a team Strong analytical, creative and integrative skills Ability to direct work of more 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 Relevant financial experience and/or university degree Progress towards completion of health actuarial designation or CEBS designation (optional) Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified. Compensation And Benefits Base salary range and benefits information is provided in accordance with applicable pay transparency laws. Salaries may vary based on location, competencies, education/professional certifications, qualifications/experience, performance, and potential for revenue generation (Producer roles only). Compensation The base salary compensation range offered for this role is $90,000.00 to $130,000.00 USD per year. This role is eligible for an annual short-term incentive bonus. Company Benefits WTW provides a competitive benefits package (eligibility requirements apply): Health and Welfare Benefits: Medical, Dental, Vision, HSA, FSA, Life Insurance, AD&D, and related wellbeing programs Leave Benefits: Paid Holidays, Paid Time Off, Short-Term and Long-Term Disability, other leaves (Bereavement, FMLA, ADA, Jury Duty, Military Leave, Parental/Adoption Leave) Retirement Benefits: Contributory Pension Plan and Savings Plan (401k) Pursuant to local fair chance laws, we will consider qualified applicants with arrest and conviction records. At WTW, we support flexible work arrangements and hybrid work as appropriate to the team, role, and clients. Please discuss flexibility options with your recruiter. EOE, including disability/vets Referrals increase your chances of interviewing at WTW. Get notified about new Senior Actuarial Associate jobs in Chicago, IL. This description is a sanitized representation of the job posting and does not include all responsibilities, qualifications, or benefits. The company reserves the right to modify the job at any time. #J-18808-Ljbffr

Created: 2025-09-17

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