[Remote] Health and Benefits - Placement Senior Analyst
Note: The job is a remote job and is open to candidates in USA. WTW is a leading company in the benefits consulting space, and they are seeking a Health and Benefits Placement Senior Analyst. In this role, you will manage the vendor/carrier bid and negotiation process, contributing to clients' benefits strategies while developing your skills in financial analysis and project management.
Responsibilities
- Plays an active support role in managing placement activities of clients/projects of varying size and complexity
- Demonstrates a core understanding of all broad-based benefit programs
- Develops an understanding of client’s needs and can identify products, services and carriers/vendors aligned to needs
- Coordinates internal and carrier/vendor meetings for placement projects
- Partners with Global Delivery Centers (GDCs) to deliver analyses and project management
- With minimal supervision, analyzes proposal/renewal findings; makes suggestions within the placement team and/or Client Service team (CST) on potential finalist carriers small/medium sized clients
- Drafts client deliverables for more senior colleagues’ review
- Effectively supports carriers’ placement negotiations for placement activities as assigned
- Collaborates with CST and H&B Communities of Expertise (COEs) to prepare for client presentations and meetings
- Develops and coordinates with the CST to deliver response to clients’ questions and project updates
- Responds to carrier/vendor contacts on simple questions and clarifications
- Participates in carrier/vendor selection process and draft communication strategies to those not selected
- Builds carrier/vendor relationships to enhance WTW’s market position
- Follows all internal excellence and compliance requirements
Skills
- 1-4 years of experience dealing with the financials of health and benefit plans, ideally gained in a benefit consulting/brokerage firm or at a health insurance company, preferred; alternatively, some exposure to, and interest in, health and benefits plans
- Intermediate knowledge of Fully-insured arrangements and understanding self-funded funding arrangements, including stop loss contracts and provisions
- Well organized and detail oriented
- Flexibility and proven ability to identify and resolve complex issues
- Passion for solving problems and sharing solutions to exceed the standards of the client
- Strong client service orientation and ability to respond to all communications effectively and in a timely manner
- Excellent written and verbal communication skills
- Self-starter attitude and ability to establish priorities, work independently and with limited supervision
- 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
- Bachelor's degree preferred
- This is a Remote position that would ideally prefer candidates from the NorthEast (New York, New Jersey, Philadelphia)
Benefits
- Annual short-term incentive bonus
- Mental health/emotional wellbeing (including Employee Assistance Program)
- Medical (including prescription drug coverage and fertility benefits)
- Dental
- Vision
- Health Savings Account
- Commuter Accounts
- Health Care and Dependent Care Flexible Spending Accounts
- Company-paid life insurance
- Supplemental life insurance
- AD&D
- Group accident
- Group critical illness
- Group legal
- Identity theft protection
- Wellbeing program
- Adoption assistance
- Surrogacy assistance
- Auto/home insurance
- Pet insurance
- Other work/life resources
- 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)
- Contributory Pension Plan and Savings Plan (401k)
- Non-qualified Deferred Compensation and Deferred Savings Plans (for All Level 38 and more senior roles)
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