Health and Benefits Analyst

Job title:

Company

Willis Towers Watson

Job description

Role:

Contribute to health and benefits projects involving the design and management of group extended health, dental, life, disability, and time off benefits for large, complex clients, including:

Benefit plan analysis, design, cost savings and funding strategies
Carrier 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 carrier products, services and contracts
Design, distribute and evaluate responses to surveys and Request for Proposals (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

Requirements:

1-2 years’ experience dealing with the financials of health and benefits plans, ideally gained in a benefit consulting/brokerage firm or health underwriting 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
Provincial Life and Health license required within 90 days of joining

CompensationThe base salary compensation range being offered for this role is $65,000-$75,000 CAD.This role is also eligible for an annual short-term incentive bonusCompany BenefitsWTW provides a competitive benefit package which includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
Leave Benefits: 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).
Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).