Willis Towers Watson

Medical Stop Loss Pricing Actuary

Willis Towers Watson$100K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 5 years in actuarial roles, ideally with medical stop loss pricing
  • Associate or Fellow of the Casualty Actuarial Society or working towards it
  • Strong leadership skills, fostering positive team culture
  • Proficient in analytical and quantitative skills
  • Expert-level Excel; familiarity with SQL, Power BI, and programming tools like Python
  • Self-motivated and capable of building pricing models independently
  • Strong verbal and written communication skills, particularly with executive audience

Responsibilities

  • Lead development of HealthMaps, a key stop loss product
  • Collaborate with product leaders and stakeholders to define business insights
  • Lead cross-functional project teams within HealthMaps
  • Conduct captive feasibility analyses and business development activities
  • Manage benchmarking data, providing insights and client support
  • Utilize advanced analytics to improve business understanding and data quality
  • Stay updated on medical stop loss trends and influence strategic direction

Benefits

  • Comprehensive health and welfare benefits including prescription coverage
  • Generous leave benefits including paid holidays and personal leave
  • Robust retirement benefits, including 401(k) with company contributions
  • Work/life resources and employee assistance programs available
  • Wellbeing programs supporting employee health and wellness
Full Job Description
Job Description

As a Medical stop loss pricing actuarial lead, you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will contribute to complex analytical work involving stop loss pricing and reserving as well as captive feasibility analysis. You will be responsible for translating that expertise into scalable intellectual capital used across FAA. You will partner with FAA practitioners, Client Service teams, Global Delivery Centers, and technology partners to develop, refine, and deploy reusable tools, models, and analytical frameworks. This role offers the opportunity to grow deep medical stop loss and captive expertise, financial acumen, and project management skills while working on high-impact, forward-looking initiatives alongside FAA leaders.

The Role:
  • Lead the technical development of HealthMaps (Tillinghast), a cornerstone stop loss manual product used by many insurers and MGUs
  • Work in close collaboration with product leader and customers to develop a common view of the business. Work in partnership with various stakeholders to identify emerging trends that should be incorporated into HealthMaps offerings.
  • Lead projects across HealthMaps Team and in collaboration with our benefit teams
  • Assist in captive feasibility analysis, captive business development activities, and captive annual pricing work
  • Maintain stop loss benchmarking data, surveys, and provide proactive insights, identify the drivers and respond to clients' inquiries
  • Apply innovative approaches and leading-edge tools to analyze the business. Seek opportunities to leverage advanced analytics to provide greater insights. Ensure the quality of the data and its consistent application in the medical stop loss pricing and rate filings space.
  • Assume an active leadership role and keep abreast of new medical stop loss trends and other external issues


Qualifications

  • A minimum of 5 years of experience in progressively complex actuarial roles. Knowledge and experience with medical stop loss pricing (preferred)
  • Associate or Fellow of the Casualty Actuarial Society or working towards these credentials
  • Leadership: Strength and experience as a teacher, manager, peer, leader and contributor to a positive culture
  • Analytical and quantitative skills: theoretical foundation, work quality, productivity, creativity, ingenuity
  • Software skills: Excel (expert), Word, PowerPoint; SQL (preferred), Power BI (preferred), database and programming skills, Snowflake knowledge (preferred), Python knowledge (preferred).
  • Self-sufficient with competence to progress and build comprehensive pricing models and analytic solutions.
  • Excellent verbal and written communication skills. Able to communicate complex technical concepts to a wide range of audiences including executive leadership and the board.
  • Proven expertise leading and developing actuarial teams. This individual will have experience developing high performing teams with strong technical skills and business acumen.
  • Experience presenting to executive management and external stakeholders.
  • Demonstrated experience providing proactive guidance and sought-out insights to business leaders, executive management, and other stakeholders.


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 $100,000.00 - $150, 000.00 USD annually.

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

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

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.


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

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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