Lead Associate

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    "ShortDescriptionStr": "WTW is a leading global advisory, broking and solutions company that provides data-driven, insight-led solutions in the areas of people, risk and capital. Utilizing the global view and local expertise of our approximately 47,000 colleagues serving more than 140 countries and markets, we help organizations sharpen strategies, enhance resilience, motivate workforces and maximize performance.  We design and deliver solutions that manage risk, optimize benefits, cultivate talent and expand the power of capital to protect and strengthen institutions and individuals. Working closely with our clients, we uncover opportunities for sustainable success.",
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    "ExternalDescriptionStr": "<p><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt; line-height: 115%;\"><strong>The Business</strong></span></span></p><p style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">The Health &amp; Benefits (‘H&amp;B’) business provides strategy and design consulting, plan management service and support, broking and administration across the full spectrum of health, wellbeing and other group benefit programs, including medical, dental, disability, life, voluntary benefits and other coverage. Our reach extends from small/mid-market clients to large-market and multinational clients, across the full geographic footprint of the Company, and to most industries. We can address our clients’ needs in more than 160 countries.</span></span></p><p><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt; line-height: 115%;\"><strong>The Role</strong></span></span></p><ul style=\"list-style-type: disc;\"><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Lead Associate within Health &amp; Benefits Line of Business at Willis Towers Watson US LLC in New York, NY.&nbsp;</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\">Play an active role on multiple clients on varying complexity to gain new insights from different client profiles/roles.</p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Demonstrate knowledge of clients’ business issues and applies Health &amp; Benefits (H&amp;B) knowledge to provide input on possible strategies.&nbsp;</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Leverage intermediate knowledge of key ancillary benefits, financial and placement concepts in client conversations and presentations.&nbsp;</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Apply understanding of interaction between financial and plan management activities on cost, employee impact, and support needs.</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Day-to-day involvement with clients’ vendor management activities, resolve claims and administrative issues with vendors on behalf of clients.&nbsp;</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Address more complex client questions on a variety of H&amp;B topics and escalate to senior colleagues when needed.</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Create and manage detailed project plans, budgets and/or efficiencies, and timelines.</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Draft initial client deliverables in collaboration with client leads and COE colleagues.</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Provide specific direction to junior colleagues on work product and conduct excellence reviews on the work.</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Partner with communities of expertise (COE) teams to manage client deadlines and deliverables.&nbsp;</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Develop intermediate/advanced knowledge of one to two specialized benefit programs, e.g., absence/disability management, Health, Equity and Wellbeing (HEW) and voluntary benefits.&nbsp;</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Coordinate and lead meetings/calls with internal team and/or carrier/vendor partners.&nbsp;</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Engage regularly with clients and carrier/vendors to build relationships.&nbsp;</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><a name=\"_Hlk207275341\"><span style=\"color: black; font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Salary range = $91,000 to $135,000/y</span></span></a><span style=\"color: black; font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">r</span></span></p></li></ul>",
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    "ExternalQualificationsStr": "<p><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt; line-height: 115%;\"><strong>The Requirements</strong></span></span></p><ul style=\"list-style-type: disc;\"><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\">Bachelor’s degree (U.S. or foreign equivalent) in Actuarial Science, Mathematics or a related field</p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Two (2) years of experience in a related Benefits Analyst role.</span></span></p></li><li class=\"ortl-align-justify\"><p style=\"text-align: justify;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Prior experience engaging in vendor negotiations by analyzing renewal packages and negotiating discounted pricing for clients.</span></span></p></li><li style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Prior experience conducting healthcare benefit plan strategy and design.</span></span></li><li style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Prior experience utilizing healthcare plan pricing tools, metrics and strategies to perform financial analyses, including developing pricing and employee contribution strategies, modeling plan design alternatives and calculating Incurred but Not Reported (IBNR) claim reserves.</span></span></li><li style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Prior experience constructing and reviewing pricing and valuation models for reasonableness, accuracy and compliance with modeling standards.</span></span></li><li style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Prior experience conducting benchmarking studies and providing value added analyses and summaries.</span></span></li><li style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Prior experience analyzing the impact of regulatory changes, such as Affordable Care Act, on healthcare, pension or retirement plans, such as changes in tax deductibility of healthcare plan, changes in government mandated level of minimum healthcare coverage, or cost-effectiveness of discounting pre-65 retiree medical coverage and allowing pre-65 retirees to purchase healthcare plans through the Exchange.</span></span></li><li style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Prior experience contributing to private exchange implementation and renewal, by conducting financial projections, and assisting in project execution, benefits administration, and benefits communications.&nbsp;</span></span></li><li style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Prior experience assisting in the development of actuarial tools and approaches.&nbsp;</span></span></li><li style=\"line-height: normal; margin-bottom: 0in;\"><span style=\"font-family: Arial, sans-serif;\"><span style=\"font-size: 10pt;\">Must have exam progress towards designation as an Associate of the Society of Actuaries (ASA).</span></span></li></ul>",
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