Health and Group Benefit Analyst
Towers Watson - Detroit, MI

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As a Health and Group Benefits Analyst (actuarial or non-actuarial track), you will work beside some of the industry’s top consultants while you progress toward becoming a thought leader or actuary of the future.

You will have immediate exposure to real client assignments which will draw on your imagination and creativity as well as your ability to analyze data, draw conclusions and present results. These experiences will help build your technical knowledge and overall industry expertise. Accepted applicants will be eligible for a comprehensive exam study program, including paid study hours and exam coaching to assist them in attaining the accredited designation of Actuary.

Your main responsibilities will be as follows:


* Build relationships internally and collaborate effectively on cross-functional teams


* Partner with consultants to provide support on client projects involving the design, funding, pricing, implementation and management of a full array of health and group benefit programs

* Help our clients ensure that their health and group benefit programs are competitive by performing competitive benchmarking analysis of benefit plan designs

* Prepare savings/cost projections and financial modeling of plan design alternatives

* Value retiree plans to comply with regulations

* Assist in the preparation of financial/budget projections, including rate development

* Increase efficiency within client teams by identifying ways to improve processes

* Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels


* Meet chargeable hours targets

* Contribute to sales and marketing efforts by supplying information for proposals


* Develop technical knowledge and skills in the area you have chosen to focus on

* Deliver on projects to meet or exceed client expectations

The Requirements
  • Bachelors or Masters degree in actuarial science, mathematics, statistics, finance or any other major with significant quantitative course work with a minimum overall GPA of 3.0

  • If actuarial track, successful completion of one or more actuarial exams highly preferred.

  • Work experience that demonstrates strong technical and/or client service skills (actuarial internship preferred)

  • Excellent oral and written communication skills

  • Strong computer skills; Excel and Access experience preferred

  • Ability to work on several projects concurrently

  • A leader; proactively takes initiative

  • A problem solver; able to identify and solve challenges

  • Analytical; able to draw conclusions from data in a logical, systematic way

  • Results-driven; focused on achieving results that promote business success

  • Team player; ability to work independently as well as in a team

  • Experience using software/programming skills to analyze and solve problems

  • Ability to demonstrate attention to detail and commitment to task

Towers Watson is an Affirmative Action/Equal Opportunity Employer, M/F/D/V

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Towers Watson is a leading global professional services company that helps organizations improve performance through effective people, risk...