Health & Benefits - Actuarial Modeling Analyst

Health & Benefits - Actuarial Modeling Analyst

• 202605716
• Short Hills, New Jersey, United States
• Full time

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Description

As a Healthcare Financial/Actuarial Analyst, you will support the Financial Actuarial & Analytics (FAA) Community of Expertise in developing and maintaining intellectual capital used by teams across FAA. You will help turn established financial, actuarial, and analytical methods into practical, reusable tools, models, templates, benchmarks, and guidance.

You will work with experienced FAA practitioners, Client Service teams, Global Delivery Centers, and technology partners to build, test, document, and improve these resources. This role offers hands-on training in health and benefits analytics while providing meaningful experience in intellectual capital development, quality assurance, documentation, and deployment.

The Role

• Support FAA Intellectual Capital initiatives by helping develop, test, document, and maintain financial models, analytical tools, dashboards, benchmarks, templates, and standardized deliverables
• Translate established financial, actuarial, and analytical methods into clear, practical resources that FAA teams can use consistently
• Perform research, data preparation, calculations, and quality checks to support the development and enhancement of intellectual capital assets
• Help create user guidance, methodology documentation, examples, training materials, and other resources that support adoption
• Gather feedback from FAA practitioners and Client Service teams and help incorporate that feedback into tool and content improvements
• Support testing and validation of pricing analyses, employee contribution methodologies, plan design models, claims reports, and financial projections
• Build knowledge of employer health and group benefit programs, including medical, dental, life, disability, and voluntary benefits, and apply that knowledge to intellectual capital development
• Coordinate assigned work with Global Delivery Centers, Client Service teams, and technology partners to support efficient, high-quality delivery
• Participate actively in team meetings, seek feedback, and contribute ideas for making FAA tools and resources easier to use and more scalable

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, finance, economics, data analytics, or a related field
• Internship, coursework, or project experience involving actuarial work, financial analysis, benefits, insurance, data analytics, research, or tool development preferred
• Interest in developing reusable analytical tools, models, templates, documentation, and other intellectual capital
• Strong attention to detail and commitment to producing accurate, well-documented work
• Ability to organize assignments, follow established methods, meet deadlines, and communicate when guidance is needed
• Clear written and verbal communication skills, including the ability to explain analytical work in practical terms
• Curiosity, sound judgment, and willingness to learn health and benefits concepts, analytical methods, and new technology
• Working knowledge of Microsoft Excel, including formulas, data organization, and basic analysis
• Exposure to SQL, Python, data visualization, or other analytical tools through coursework, internships, or personal projects is preferred but not required
• Interest in pursuing an actuarial designation or CEBS is preferred but not required

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $ 70,000.00 - $80, 000.00 USD annually.

This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW 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 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.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

EOE, including disability/vets