Senior Associate, Actuary - Health & Welfare

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Job description

Job Description:

Role

As a Senior Associate, you will help to provide H&W clients a different perspective by offering comprehensive solutions. These services can involve a variety of topics including but not limited to plan design, compliance and reporting services, pricing and employee contribution settings or retiree health care solutions. You will support H&W Benefits Consulting projects, coaches other associates and promotes teamwork.

The Expertise and Skills We re Looking For

• 2 -5 years proven experience in benefit plan design, funding and/or administration. Background may encompass either consulting, plan sponsors or vendor organizations.

• Bachelor s degree is required.

• Strong Microsoft Office PC skills in Excel and Word

• You have strong critical thinking and problem-solving skills

• You re a leader with self-motivation and determination to succeed

• Your strong project management skills

• You have a strong aptitude to balance and prioritize multiple projects in a fast-paced work environment

• You have an experience managing contractual provisions, including scope control and managing projects through to conclusion

• Collecting and preparing data vital to analyze benefit programs while providing assistance to more senior consultants in analysis of benefit programs

• Collecting renewals and assist in the analysis, negotiations, and finalization of renewals

• Maintaining organized storage of client documentation (e.g., SPDs, contracts, employee communication)

• Assisting in the development of health and welfare program pricing, budgets, employee contributions and premium equivalent rates for self-insured plans

• Supporting the negotiation of rates, contractual provisions, and performance guarantees with current benefit vendors

• Performing marketing analysis including RFP creation, proposal collection, and vendor comparisons

• Assist with vendor selection, performance criteria with the management of new vendors and exiting vendors during implementation process

• Applying knowledge regarding the major health plans, administrators, and other vendors available in the marketplace to consulting clients and prospects

• Maintaining project plans and status logs with completion times and issue resolutions/decisions

• Alerting lead consultant when project timing and scope are not in line with original expectations

• Crafting letters, presentations, proposals, charts, and spreadsheets.

• Participating as a cooperative, proactive team member in projects involving other associates throughout the practice, group, and region

• Mentoring less experienced associates at every opportunity

• Sharing information freely and pro-actively. Keep other associates advised of current information, and ensure all relevant information is captured in client documents

The base salary range for this position is $76,000-$144,000 per year.

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.

Certifications:

Company Overview

Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money.

Join Us

At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees Choice Award , we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you ve always imagined.

Fidelity s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite all business days of every other week in a Fidelity office.

At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document , and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.

We invite you to Find Your Fidelity at .

Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.

Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to .

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