AddressAs a Healthcare Financial/Actuarial Associate Director you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will lead clients’ financial/actuarial engagements for a portfolio of clients and/or significantly contribute to complex clients across the full spectrum of employer health.
A significant component of the job is intellectual capital development. This position is responsible for providing actuarial expertise contributing to business growth. The ideal candidate will have deep actuarial modelling expertise (data science background preferable) and/or experience developing rate manuals from the ground up. This role will actively support and drive broader initiatives related to the Health Solutions strategy and support the development of HealthMAPS, WTW’s industry leading stop loss manual. You will be a subject matter expert collaborating with cross-functional leaders across the entire value stream on the development and execution of the product vision, strategy, development roadmap, value proposition, and product enhancements. Your responsibilities may also include the support of technology related requirements and initiatives. This position manages actuarial responsibilities and ensures project completion within established timelines and quality standards. Develops and mentors more junior team members. Contributes to the development of new approaches and tools.
Please Note: Work location for this role is FLEXIBLE! This position allows 100% remote work from home or allows work to be performed in any of our major office locations with a hybrid schedule.
The Role
Design and implement scalable, efficient, and automated data pipelines and analytics solution including vendor ROI evaluation, benchmarking, data warehousing, etc.
- Support and drive broader initiatives related to the Health Solutions strategy
- Support the development of HealthMAPS, WTW’s industry leading stop loss manual
- Analysis of value-based care and other risk-taking arrangements
- Expands knowledge of varying client complexity by working across different client profiles
- Provides leadership to more junior colleagues on FAA concepts, strategies and tools
- Supports new business, expansion and cross-selling activities
The Requirements
- 8+ years’ experience in actuarial services
- Experience in programming languages such as SAS, SQL, databrick, Python preferable
- Knowledge of predictive modelling and data science background a plus
- Expert knowledge of healthcare claims data and proven ability to work with large data
- Experience developing rate manuals (stop loss or first dollar) a plus
- Proven ability to lead multiple clients/projects simultaneously and produce quality deliverables on time and within budget
- Comfort and ability to quickly adapt to changing circumstances or demands, and helping team do the same
- Well-developed written and verbal communication skills
- Ability to guide work of more junior colleagues and provide feedback
- Excellent Microsoft Office skills, particularly in Excel and PowerPoint
- Relevant financial experience and/or university degree
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 for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).
Compensation
The base salary compensation range being offered for this role is 115,000.00 – 150,000.00 USD.
This role is also eligible for an annual short-term incentive bonus.
Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
- Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
- Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)
- Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).
At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a ”hybrid” style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and “hybrid” is not a one-size-fits-all solution.
We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.
