Senior Actuarial Analyst

Description

You will serve as a Senior Actuarial on the Individual Marketplace Actuarial Team. Your overall goal will be to support the profitable growth of the Individual Marketplace. To that end, your work will include a wide variety of complex projects, including intellectual capital development, financial modelling, data analysis and visualization, and results delivery to internal clients.

You will report to the Chief Actuary and collaborate with our BDO actuarial teams that coordinate with senior actuaries and consultants in our Health & Benefits and Retirement practices. You will be responsible for the timely and effective execution and review of the Individual Marketplace Actuarial Team’s work. You will also coordinate with our consulting actuarial teams to ensure effective and accurate data flow into our actuarial models.

You will provide quantitative results to support actuarial messaging and to help drive the profitable growth of the Individual Marketplace. You will also serve as a resource to drive awareness of the value of our Individual Marketplace. You will also engage with carriers and other vendor partners with respect to product design, price, and prevalence. As a Senior Actuary, you can expect to gain additional exposure to all facets of retiree health care and expertise in individual health care insurance.

The ideal candidate will have strong technical expertise in the pricing of individual retiree health care insurance. Ultimately, the Senior Actuary will become a subject matter expert in the actuarial aspects of Medicare plans, ACA plans, Health Reimbursement Arrangements and the internal processes related to our business. Existing experience in these spaces is a plus. This role will require a business-oriented leader with strong communication skills who can effectively partner with a variety of internal Willis Towers Watson associates including consultants, actuaries, and other client-facing associates to drive profitable growth.

We are looking for a motivated, independent learner, looking to deliver exceptional performance in the following areas:

Clients

• Effectively deliver the quantitative component of the IM Actuarial message to internal clients/stakeholders
• Prepare, analyze and present quantitative results effectively to clients and consultants
• Build credibility and maintain trust by developing and implementing new insights as a subject matter expert
• Deliver high quality and timely work according to ASOP’s and WTW excellence standards
• Manage expectations and effectively coordinate with colleagues in sales, marketing, H&B, and RET, among others
  
  

Development of Intellectual Capital

• Contribute to the development of new tools and approaches to drive Individual Marketplace growth
• Monitor market and legislative developments for opportunities to advance actuarial messaging
  
  

Individual and People Development

• Build relationships and work collaboratively with colleagues
• Manage and provide mentoring and training to junior staff
• Keep abreast of industry developments and actively pursue new opportunities to expand your existing areas of technical expertise
  
  

Financial

• Support the generation of new business as part of the broader team
• Develop new business opportunities with clients and enhance existing relationships
  
  

Qualifications

• 5+ years of experience in a consulting firm or health insurance carrier
• Must have experience with retiree health care benefits and insurance.
• Bachelor’s degree
• ASA
• Experience successfully managing multiple projects and producing quality deliverables on time
• Executive presence with polished and well developed oral and written communication skills
• Excel, PowerBI, Tableau, VBA, SQL, Python software expertise a huge plus (Excel is a must)
• Ability to coordinate teams across WTW segments
• Team-oriented and collaborative
• Demonstrated success or strong evidence to support new business generation potential
• Strong interpersonal and team skills
• Well-developed verbal and written communication skills
• Strong analytical, creative thinking and problem-solving skills
• Enjoy training and mentoring junior staff