Logo of Huzzle

Senior Associate - Health & Benefits

image

WTW

20d ago

  • Job
    Full-time
    Senior Level
  • Consulting
    Healthcare
  • Portland

AI generated summary

  • You need 6+ years in health plan design, strong financial skills, client relationship skills, communication abilities, analytical skills, Excel proficiency, and a state health license within 90 days. CEBS preferred.
  • You will manage employee benefits, advise clients, lead projects, ensure compliance, support enrollment, analyze costs, engage with experts, generate new business, and mentor juniors.

Requirements

  • 6+ years’ experience in the design/management of health and welfare plans gained in a consulting or brokerage environment or similar experience in a consultative role gained at a carrier or vendor
  • Strong financial skills; prior experience in health and welfare product pricing, underwriting or valuation work preferred
  • Desire and ability to expand relationships with current clients
  • Polished and well developed oral and written communication skills
  • Self-starter attitude and ability to work independently and as part of a team
  • Flexibility and proven ability to identify and resolve issues
  • Strong analytical, creative and integrative skills
  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint
  • State Life and Health license required within 90 days of joining
  • CEBS designation, or health and welfare actuarial or underwriting training desired
  • Fluency in Spanish is preferred but not required

Responsibilities

  • Play a lead role in the design and management of group medical, dental, wellbeing, life, disability, and absence management benefits for clients. Responsibilities include:
  • Materially contributing to and/or leading project management; monitoring progress against established objectives, budgets, timelines, deliverables and quality standards; and serving as day to day contact for clients
  • Proactively advising clients and providing superior client service
  • Contributing to the creation of benefit plan analysis, design, cost savings and funding strategies
  • Playing a key role in vendor procurement, negotiation, implementation, and optimization activities
  • Providing benefit enrollment support, including preparing materials and presentations, verifying policy and plan information, and updating internal systems as necessary
  • Ensuring client compliance adherence by managing completion of reports and administrative actions for clients including Form 5500 filings, policy checking and delivery, monthly reporting of client and carrier information, summary plan descriptions and certificates
  • Engaging specialist resources and subject matter experts in health management, absence and disability management, pharmacy, data analytics and compliance
  • Reviewing financial analyses including but not limited to developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves
  • Supporting the generation of new business by participating in prospecting opportunities as part of a broader team
  • Building relationships internally and collaborating effectively on cross-functional teams
  • Mentoring junior colleagues

FAQs

What are the main responsibilities of the Senior Associate - Health & Benefits role?

The main responsibilities include leading the design and management of group medical, dental, and other benefits, contributing to project management, advising clients, vendor procurement, benefit enrollment support, ensuring compliance adherence, engaging with subject matter experts, reviewing financial analyses, supporting new business generation, and mentoring junior colleagues.

What qualifications are required for the Senior Associate - Health & Benefits position?

Candidates should have 6+ years of experience in health and welfare plan design/management, strong financial skills, polished communication abilities, a self-starter attitude, flexibility, analytical skills, and proficiency in Microsoft Office, specifically Excel and PowerPoint. A State Life and Health license and a CEBS designation are also preferred.

What is the salary range for this position?

The base salary compensation range being offered for this role is $90,000 - $130,000 USD per year.

Is there a possibility for bonuses in this role?

Yes, this role is eligible for an annual short-term incentive bonus.

Are health and welfare benefits included in the compensation package?

Yes, the benefits package includes a variety of health and welfare benefits, such as medical, dental, vision, and more.

Is fluency in Spanish required for this role?

Fluency in Spanish is preferred but not required for this position.

Will I need a license to work in this position?

Yes, a State Life and Health license is required within 90 days of joining the organization.

How does this role contribute to client relationships?

The Senior Associate will engage directly with clients, provide superior client service, and proactively advise clients, thereby expanding relationships and ensuring client satisfaction.

Can this position support new business generation?

Yes, part of the responsibilities includes supporting the generation of new business by participating in prospecting opportunities as part of a broader team.

What type of company benefits can I expect if hired?

The competitive benefits package includes health and welfare benefits, leave benefits, retirement benefits, and wellness programs, among others.

We transform tomorrows

Finance
Industry
10,001+
Employees
2016
Founded Year

Mission & Purpose

At WTW (NASDAQ: WTW), we provide data-driven, insight-led solutions in the areas of people, risk and capital. Leveraging the global view and local expertise of our colleagues serving 140 countries and markets, we help you sharpen your strategy, enhance organizational resilience, motivate your workforce and maximize performance.