21 Sep
|
Willis Towers Watson
|
Ontario
21 Sep
Willis Towers Watson
Ontario
Description
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 centers 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
Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.
Qualifications
The Requirements
1+ years’ experience ideally gained in a benefit consulting / brokerage firm or health underwriting / actuarial function of an insurance company
Proven ability to manage multiple deliverables simultaneously and produce quality deliverables on time and within budget
Robust knowledge of benefit program products & services, underwriting and funding concepts
Experience with both traditional and flexible benefit programs – design elements, renewal pricing, analysis, risk assessment, negotiations, RFP process and analysis
Strong analytical thinker with experience working with data, developing insights to draw conclusion
A desire and ability to support the client team in expanding relationships with clients
Proven ability to identify and resolve issues with limited information
Polished and well developed written and verbal communication skills
Self-starter attitude, curious with an ability to work independently and as part of a team
Creative and integrative skills
Ability to direct work of more junior colleagues and provide feedback
Excellent Microsoft Office skills, particularly in Excel and PowerPoint
Life and Health license required within 180 days of joining
Relevant experience and/or university degree
Compensation
The base salary compensation range being offered for this role is $65,000 to $80,000 CAD per year.
This role is also eligible for an annual short-term incentive bonus.
Artificial Intelligence (AI) tools may be used in the process to screen, assess, or select applicants for a position but all final decisions and determinations are made exclusively by authorized human personnel.
This job posting is an advertisement for an existing vacancy.
Equal Opportunity Employer
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📌 Health & Benefits Analyst (Ontario)
🏢 Willis Towers Watson
📍 Ontario