Apply on Employer Site

WTW · 1 day ago

Healthcare Financial/Actuarial Director

New York, NY

Full-time

Hybrid

Senior Level, Lead/Staff

$140K/yr - $225K/yr

10+ years exp

WTW is seeking a Healthcare Financial/Actuarial Director to be a key member of the Financial, Actuarial and Analytics Community of Expertise. The role involves leading financial and actuarial engagements, managing client relationships, and developing pricing strategies while providing insights to enhance benefit program performance.

ConsultingInformation TechnologyInsuranceMedicalService Industry

No H1B

Hiring Manager

Christine Galdones, RPm

Responsibilities

Lead Client Engagements: Manage financial and actuarial deliverables for a portfolio of clients, or direct FAA resources for large, complex engagements

Financial Strategy and Modeling: Develop pricing strategies, employee contribution models, reserves, and forecasts across self-insured, fully insured, and alternative funding arrangements (e.g., minimum premium, level funding)

Data Analysis and Insights: Clean, transform, and analyze large, complex integrated datasets (medical, pharmacy, enrollment) to produce actionable insights and client-ready reporting

Risk Management Expertise: Guide clients on funding strategies, underwriting pools, credibility methods, pooling point analysis, and stop-loss solutions to optimize risk management

Carrier and Market Assessment: Evaluate carrier pricing dynamics and market competitiveness, providing insights that support vendor selection, contract negotiations, and program optimization

Plan Design Consulting: Model plan design alternatives, assess impact on cost and employee experience, and guide strategic recommendations to clients

Team Leadership: Provide direction, coaching, and feedback to junior colleagues, supporting their technical and professional development

Cross-Functional Collaboration: Partner with Global Delivery Centers, Client Service Teams, actuaries, and clinicians to ensure seamless project execution and superior results

Client Relationship Management: Build strong relationships with employer and vendor contacts, serving as a trusted advisor to drive engagement and loyalty

Thought Leadership: Contribute to intellectual capital development, identify opportunities for innovation, and support new business, expansion, and cross-selling initiatives

Qualification

Actuarial designation (ASA/FSA)Financial modeling expertiseData analysis skillsBenefit plan design knowledgeRisk management expertiseClient relationship managementAdvanced Microsoft ExcelAdvanced Microsoft PowerPointTeam leadershipCross-functional collaborationCommunication skillsStrategic thinking

Required

10+ years of experience in professional services, ideally in a benefits consulting, brokerage, underwriting, or actuarial capacity within an insurance or consulting firm

Bachelor's degree in a relevant field; Actuarial designation (ASA/FSA) preferred

Proven ability to lead multiple clients/projects simultaneously and deliver high-quality work on time and within budget

Advanced knowledge of benefit plan design, funding approaches, underwriting principles, and post-employment concepts

Expertise in financial modeling and actuarial techniques, including pricing models, reserving frameworks, forecasting tools, and scenario modeling

Strong data acumen, with the ability to manage and interpret large, complex datasets to inform decision-making

Deep understanding of employer health risk management strategies, including stop-loss, credibility, and rating mechanics

Experience advising small to mid-sized employers, with sensitivity to unique plan design and cost-optimization considerations

Strategic thinker with a solutions-oriented mindset who can synthesize insights and translate them into clear, actionable client recommendations

Excellent written and verbal communication skills; able to confidently present complex financial concepts to executives (CFO, CHRO, CEO)

Demonstrated success in expanding client relationships and identifying opportunities for additional services

Skilled collaborator, comfortable working across cross-functional teams in a fast-paced, evolving environment

Advanced proficiency with Microsoft Excel and PowerPoint

State Life & Health license (or ability to obtain within 90 days)

Preferred

Actuarial designation (ASA/FSA) preferred

Benefits

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 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), Paid Time Off (only included for Washington roles)

Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans’ eligibility requirements.