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Healthcare Financial/Actuarial Senior Associate

WTW
Posted 2 months ago, valid for 15 days
Location

Boston, MA 02212, US

Salary

$75,000 - $90,000 per year

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Contract type

Full Time

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Sonic Summary

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  • The position of Healthcare Financial/Actuarial Senior Associate requires substantial contributions to complex analyses and projects related to employer health and group benefit programs.
  • Candidates should have a minimum of 2-5 years of experience in financial or actuarial roles, along with a working proficiency in core financial and analytical theories.
  • The role involves interfacing with vendors and client service teams while preparing and communicating complex analyses to clients.
  • This position offers the opportunity to lead financial projects with small-to-midsized clients and work on innovative projects alongside industry leaders.
  • The salary for this role ranges from $80,000 to $100,000, depending on experience and qualifications.

As a Healthcare Financial/Actuarial Senior Associate you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will substantially contribute to a wide variety of complex analyses and projects involving the design, financing, and measurement and financial analysis of the full spectrum of employer health and group benefit programs including medical, dental, life, disability, voluntary benefits, etc. You will interface with vendors and client service teams, prepare and communicate complex analyses to clients, and ensure quality standards are met. You will have the opportunity to position yourself to lead financial project with small-to-midsized clients, and work on cutting edge projects alongside leaders in the industry.

The Role

  • With clear guidance and direction, 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 with clear guidance and direction.
  • Take responsibility for execution of specific tasks that contribute to financial/actuarial deliverables for clients, with guidance and adherence to stated deadlines. ​
  • Partner with Global Delivery Centers and Client Service teams to deliver superior project management.
  • Build strong relationships internally and collaborate effectively on cross-functional teams.



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