Health & Benefits Consulting Associate Manager
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Key skills for this role
About the Role
WTW is hiring an Associate Manager for Health & Benefits Consulting to manage client projects, financial analyses, and vendor relationships. The role requires 5+ years in benefits consulting or insurance underwriting, strong analytical skills, and a provincial Life and Health license.
Key Skills for This Role
Responsibilities
- Act as an active member on multiple employer client teams providing project management, financial analyses, outputs and client deliverables across a region.
- Provide direction on benefit plan analysis, design, cost avoidance, risk and funding strategies.
- Contribute to carrier/vendor financial reviews for clients.
- Complete and/or review technical & consulting accuracy on client projects, including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves.
- Conduct and/or deliver accurate and reliable claim reporting and financial modeling to client teams.
- Partner with Global Delivery Centers and Client Service teams to review work and deliver superior project management.
- Understand client’s needs and identify products and services to support needs.
- Identify target carriers/vendors and design/distribute bid requests (RFP); manage follow up questions/requests.
- Collect, summarize and analyze proposal findings; make recommendations for finalist carriers.
- Manage placement (renewal/marketing) deliverables for WTW clients with strict adherence to stated deadlines.
- Support communication efforts to clients (renewal/stewardship meetings, etc.) relative to placement.
- Communicate complex financial results to effectively drive client action.
Requirements
- 5+ years’ experience in professional services, ideally in a benefit consulting/brokerage firm or underwriting/actuarial function of an insurance company
- Intermediate/advanced knowledge of health and benefits products & services, underwriting and funding concepts, big data analytics techniques
- Strong analytical, creative and integrative skills with the ability to identify and resolve issues
- Proven ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget
- Strong client service orientation and ability to respond to all communications effectively and in a timely manner
- Excellent written and verbal communication skills
- Proactive self starter attitude, ability to work independently and as part of a team with a goal oriented mindset
- Exceptional attention to detail, organizational skills, and the ability to multitask effectively
- Effective team player with strong collaboration skills
- Ability to direct work of more junior colleagues and provide feedback
- Excellent Microsoft Office skills, particularly in Excel and PowerPoint
- Provincial Life and Health license required within 180 days of joining
Full Job Posting
Description
- As an Associate Manager you will contribute to a wide variety of complex analyses and projects involving the design, measurement, analysis, and project management of employer health and group benefit programs.
- You will interface with carriers/vendors and client teams, help prepare client deliverables, and ensure quality standards are met.
- Note: Employment based non immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
The Role
- Is an active member on multiple employer client teams providing project management, financial analyses, outputs and client deliverables across a region.
- Provides direction on benefit plan analysis, design, cost avoidance, risk and funding strategies.
- Contributes to carrier/vendor financial reviews for clients.
- Completes and/or reviews technical & consulting accuracy on client projects, including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves.
- Conducts and/or delivers accurate and reliable claim reporting and financial modeling to client teams to support client decisions.
- Partners with Global Delivery Centers and Client Service teams to review work and deliver superior project management.
- Understands client’s needs and can identify products and services to support needs.
- Understanding of, and ability to, effectively articulate carrier specific strengths and weaknesses.
- Identify target carriers/vendors and design/distribute bid requests (RFP); manage follow up questions/request from the carriers/vendors.
- Collect, summarize and analyze proposal findings; make recommendations for finalist carriers.
- Manage placement (renewal/marketing) deliverables for WTW clients with a strict adherence to stated deadlines.
- Support communication efforts to clients (renewal / stewardship meetings, etc.) relative to placement.
Qualifications
- 5+ years’ experience in professional services, ideally gained in a benefit consulting/brokerage firm or underwriting / actuarial function of an insurance company.
- Intermediate/advanced knowledge of health and benefits products & services, underwriting and funding concepts, big data analytics techniques.
- Strong analytical, creative and integrative skills with the ability to identify and resolve issues.
- Proven ability to manage multiple projects simultaneously and produce quality deliverables on time and within budget.
- Strong client service orientation and ability to respond to all communications effectively and in a timely manner.
- Excellent written and verbal communication skills.
- Proactive self starter attitude, ability to work independently and as part of a team with a goal oriented mindset.
- Exceptional attention to detail, organizational skills, and the ability to multitask effectively.
- Effective team player with strong collaboration skills.
- Ability to direct work of more junior colleagues and provide feedback.
- Excellent Microsoft Office skills, particularly in Excel and PowerPoint.
- Provincial Life and Health license required within 180 days of joining.
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