Health and Benefits Actuarial Consultant in Washington, DC at Willis Towers Watson

Date Posted: 9/20/2017

Job Snapshot

  • Employee Type:
    Full-Time
  • Experience:
    At least 7 year(s)
  • Date Posted:
    9/20/2017

Job Description

The Company

Willis Towers Watson is a leading global advisory, broking and solutions company that helps clients around the world turn risk into a path for growth. With roots dating to 1828, Willis Towers Watson has 40,000 employees serving more than 140 countries. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals. Our unique perspective allows us to see the critical intersections between talent, assets and ideas – the dynamic formula that drives business performance. Together, we unlock potential. Learn more at willistowerswatson.com.

The Business

Our Health and Benefits business helps large and mid-size clients control health and welfare plan costs, improve health outcomes and promote employee engagement through broad-based, state-of-the-art interventions.  We provide solutions encompassing creative plan design, vendor evaluation and management, pricing and funding strategies, data analytics, valuation support, compliance and governance strategies.  We also provide Specialty consulting services including clinical/health management program design, pharmacy solutions, disability/absence management strategies and claims audit services.  Product based solutions such as our pharmacy purchasing coalition round out our broad-based suite of offerings

The Role

As a Health and Benefits Actuarial Consultant you will consult on a wide variety of complex projects involving the design, pricing, funding, implementation and management of a full array of Health And Group Benefits programs including medical, dental, life, disability, time off and flexible benefits.  You will serve as the project manager and day to day communication liaison with our clients, create client deliverables, contribute to client management and new business activities, and participate in the creation of new intellectual capital.

Performance Objectives:

Excellence

  • Provide valued-added consulting expertise on large, sophisticated projects including health and welfare plan re-design, pricing, retiree medical valuations, funding and employee contributions strategies, reserve calculations, benchmarking studies and negotiations, plan renewals and vendor analysis and management
  • Contribute to health management/wellness, disability/absence management, pharmacy and other projects in our Specialty area
  • Contribute to the development of new tools and approaches

Clients

  • Deliver superior, consistent project management for assigned clients:
  • Draft statements of work, project plans and budgets involving multiple workflow streams and client teams
  • Serve as the day to day project lead, ensuring the progress of the team against established objectives, budget, timeline, deliverables and quality standards
  • Serve as primary, daily contact to clients on delivery of services
  • Manage client expectations and raise appropriate issues to Senior Consultants and Client Relationship Managers
  • Interface with colleagues from other practices and regions on assignments that reflect the client’s broader business issues
  • Develop a trusted advisor relationship with client contacts through effective communication and efficient, quality execution of projects

Financial

  • Meet revenue and billable hour goals established with your manager
  • Support the generation of new business by enhancing relationships with current clients and recommending new projects and solutions
  • Participate in prospecting opportunities with new clients as part of a broader team
  • Directly contribute to clients’ success through applying your technical expertise

People

  • Build relationships internally and collaborate effectively on cross-functional teams
  • Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
  • Serve as mentor to project team associates

Job Requirements

The Requirements

  • 7+ years’ experience and success in the design/management of group health and welfare plans gained in a consulting, brokerage or carrier environment
  • Strong financial skills;  prior experience in group health and welfare product pricing, underwriting or valuation work preferred
  • Proven experience successfully managing multiple projects and producing quality deliverables on time and within budget
  • Demonstrated success in managing client issues and relationships;  some experience in growing relationships with current clients
  • Strong interpersonal and team skills
  • Polished and well developed oral and written communication skills
  • Self-starter attitude and ability to work with ambiguity
  • Flexibility and proven ability to diagnose and resolve issues
  • Strong analytical and creative skills
  • Experience training/mentoring junior staff
  • The ability to see the 'big picture,' leveraging the resources of related practices to address the clients' business challenges
  • Working knowledge of Excel, MS Project, MS Word
  • Availability to travel on an as needed basis
  • BA/BS degree plus ASA designation required, FSA/FCIA preferred



Any unsolicited resumes/candidate profiles submitted through our web site or to personal e-mail accounts of employees of Willis Towers Watson are considered property of Willis Towers Watson and are not subject to payment of agency fees. In order to be an authorized Recruitment Agency/Search Firm for Willis Towers Watson, any such agency must have an existing formal written agreement signed by an authorized Willis Towers Watson recruiter and an active working relationship with the organization. Resumes must be submitted according to our candidate submission process, which includes being actively engaged on the particular search. Likewise, for our authorized Recruitment Agencies/Search Firms, if the candidate submission process is not followed, no agency fees will be paid by Willis Towers Watson.

Willis Towers Watson is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.

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