Health Benefits Strategist

5 days ago

Toronto, Ontario, Canada WTW Full time

As a Health & Benefits Associate at WTW, you will play a pivotal role in supporting a wide range of projects involving the design, funding, measurement, and financial analysis of comprehensive employer health and benefit programs. Your expertise will be instrumental in contributing to a client's benefits strategy through managing the entire carrier procurement and negotiation process.

You will serve as the lead project manager on select projects, interfacing with client service teams and global delivery centers to contribute to analyses and client deliverables, ensuring quality standards are met. This opportunity will enable you 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 industry leaders.

The Role

  • Support multiple client teams in developing financial analyses, outputs, and client deliverables across regional teams and project management.
  • Develop a working proficiency of core financial, actuarial, and analytics theories, models, and tools.
  • Ensure accurate and reliable claim reporting and financial modeling to guide client decisions.
  • Dive deep into knowledge of broad-based benefit programs (healthcare, pharmacy, wellbeing, life, disability, voluntary benefits).
  • Design and assist with financial modeling of benefit plan designs, cost avoidance/funding strategies, and budget projections and rate/contribution development.
  • Take responsibility for executing specific tasks that contribute to financial, analytical, and placement deliverables for clients, adhering to stated deadlines.
  • Manage follow-up questions/requests from carriers/vendors.
  • Analyze proposal findings, support negotiations, make recommendations for finalist carriers, and communicate to carriers.
  • Design and manage placement (renewal/marketing) deliverables with strict adherence to stated deadlines.
  • Enhance 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.
  • Review analytical work, mentor, and develop junior colleagues.
  • Comply with internal excellence and compliance requirements.

Salary Information:

We offer a competitive salary range of $80,000 - $110,000 per annum, commensurate with experience. Additionally, we provide a comprehensive benefits package, including medical, dental, vision, 401(k), and paid time off.

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