Willis Towers Watson

Managing Director- Health and Benefits Consulting

Willis Towers Watson$200K — $250K *
Healthcare
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years in large group health and welfare plan design/management in consulting or brokerage.
  • Proven success in managing and growing large client relationships with revenue generation ability.
  • Strong executive presence with excellent written and verbal communication skills.
  • Ability to influence and collaborate with senior management across organizations.
  • Aptitude for staying updated on health and welfare strategies and tool development.
  • Excellent skills in Microsoft Excel and PowerPoint applications.
  • Bachelor's degree preferred; state Life and Health license required within 90 days.

Responsibilities

  • Serve as a strategic partner and trusted advisor for large clients' health and benefits programs.
  • Create and execute business strategies to secure new Health and Benefits clients.
  • Meet or exceed revenue and market penetration targets.
  • Ensure health and welfare plan designs align with clients' overall benefits strategies.
  • Promote WTW's capabilities through conferences and community engagement.
  • Develop new tools and approaches to enhance service offerings.
  • Foster internal collaborations among sales, marketing, and consulting teams.

Benefits

  • Comprehensive health benefits including mental health support and wellness programs.
  • Extensive leave benefits such as paid holidays and various types of leave.
  • Retirement options including a contributory pension plan and 401k savings plan.
  • Hybrid workstyle with flexibility for commuting.
  • Additional offerings such as life insurance, pet insurance, and adoption assistance.
Full Job Description
Job Description

As a Health and Benefits Managing Director you will make a valuable difference every day to our high-profile clients and prospects by developing leading edge solutions to address their health and benefits and broader benefits issues. You will lead large, highly visible client engagements as well as develop and manage active pipelines, grow relationships with current and prospective clients, and demonstrate how our organization's superior strategic resources and capabilities can address their concerns. You will serve as a key voice to the marketplace of one of the world's leading HR consulting firms and have the ability to contribute to the evolution of health care delivery in North America.

The Role
  • Serve as the strategic partner and trusted advisor to large, complex clients in the design and management of their health and benefits programs,
  • Primary accountability for creating and executing a business strategy to penetrate the local and regional market in obtaining completely new Health and Benefits clients of the company; retain and grow revenue with clients once on board
  • Meet or exceed revenue and market penetration goals
  • Serve as senior Health and Benefits strategist for clients, ensuring that health and welfare plan design meets clients' needs and fits within overall benefits strategy
  • Raise awareness of WTW's capabilities in the marketplace through conference appearances and various other profile building venues
  • Contribute to the development of new tools and approaches
  • Build relationships internally with sales and marketing team and consultants within and outside H&B to effectively collaborate on sales opportunities
  • Help to identify and develop future talent


Qualifications

The Requirements
  • 15+ years' experience in the design/management of large group health and welfare plans gained in a consulting or brokerage environment
  • Track record of success in managing and growing large client relationships, together with proven ability to generate revenue
  • An executive presence with polished and well developed written and oral communication skills
  • Ability to influence and collaborate with senior management and work across all levels of an organization
  • Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy and contributing to the development of new tools and approaches
  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint
  • Availability to travel regularly
  • Bachelor's degree preferred; high school diploma required
  • State Life and Health license required within 90 days of joining
  • This role follows a Hybrid workstyle. Open to anyone who is in a commutable distance to the posted location/s.


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 base 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.

Compensation

The base salary compensation range being offered for this role is $200,000-$250,000 USD per year.

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: Mental health/emotional wellbeing (including Employee Assistance Program), medical (including prescription drug coverage and fertility benefits), dental, vision, Health Savings Account, Commuter Accounts, Health Care and Dependent Care Flexible Spending Accounts, company-paid life insurance, supplemental life insurance, AD&D, group accident, group critical illness, group legal, identity theft protection, wellbeing program, adoption assistance, surrogacy assistance, auto/home insurance, pet insurance, and other work/life resources.
  • 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), Paid Time Off
  • Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.


Note that visa 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 sufficient/appropriate candidate slate has been identified.

About Willis Towers Watson

Willis Towers Watson is a global insurance and risk management company that provides a range of services to clients in more than 140 countries. The company was formed in 2016 through the merger of Willis Group Holdings and Towers Watson & Co. Willis Towers Watson offers a range of insurance products, including property and casualty insurance, life insurance, and health insurance. The company also provides risk management and consulting services, including actuarial services, investment consulting, and human capital consulting. Willis Towers Watson is known for its expertise in risk management and its ability to help clients navigate complex insurance and regulatory environments.
Learn more about Willis Towers Watson
Size
46,000 employees
Market Cap
$26.2 billion
Industry
Net Income
$996 million
Founded
1828
5 Year Trend
+2.7%
Revenue
$9.3 billion
NASDAQ

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