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[Remote] Health and Benefits - Placement Senior Analyst

Work from home Full-time role Hiring

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)

Company Overview

  • WTW is an advisory company that provides insight-led solutions in the areas of people, risk, and capital. It was founded in 1950, and is headquartered in London, England, GBR, with a workforce of 10001+ employees. Its website is https://www.wtwco.com.
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