Job Information
WTW Health and Benefits Analyst in Toronto, Ontario
As a Health and Benefits Analyst, you will contribute to a wide variety of projects involving the design, financing and ongoing management of the full spectrum of health and benefit programs. This is a foundational role that provides excellent opportunities to grow your health and benefits business acumen and client management skills by working on cutting edge projects alongside leaders in the industry.
The Role
Contribute to core health and benefits projects involving the design and management of group medical, dental, life, disability and time off benefits for large, complex clients, including:
Benefit plan analysis, design, cost savings and funding strategies
Vendor procurement, negotiation and optimization
Incorporation of specialized health management, absence and disability management, pharmacy, data analytics and compliance strategies
Perform financial analyses including developing pricing and employee contributions strategies, modelling plan design alternatives and calculating reserves
Conduct benchmarking studies and other research; provide value added analyses and summaries
Analyze and compare vendor products, services and contracts
Design, distribute and evaluate responses to surveys and RFPs
Build strong relationships with clients by effectively responding to their questions and needs
Build relationships internally and collaborate effectively on cross-functional teams
Contribute to the development of new tools and approaches
The Requirements
Bachelor’s degree or up to 2 years’ experience dealing with the financials of health and welfare plans, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company; alternatively, some exposure to, and interest in, health and benefits plans
Well organized and detail oriented
Flexibility and proven ability to identify and resolve issues
Strong client service orientation and ability to respond to all communications effectively and in a timely manner
Strong written and verbal communication skills
Self-starter attitude and ability to work individually and as part of a team
Strong analytical, creative and integrative skills
Excellent Microsoft Office skills, particularly in Excel and PowerPoint
Bachelor’s degree required, preferably with significant quantitative coursework
Life and Health license required within 90 days of joining
Pursuit of CEBS designation, or health and welfare actuarial / underwriting training desired