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WTW

Placement Analyst – Health and Benefits (APAC)

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  • Posted 20 hours ago
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Job Description

Description

Our Health and Benefits business helps large and mid-size clients control health and welfare plan costs, improve health outcomes, and promote employee engagement through broad-based, state-of-the-art interventions. We provide solutions encompassing creative plan design, vendor evaluation and management, pricing and funding strategies, data analytics, valuation support, legal compliance and governance strategies.

The Role

  • Execute the pre-placement, placement and post-placement activities on behalf of onshore team in the Asia Pacific region, following agreed processes, tools and templates
  • Core delivery will include:
    • Initiating the renewal activity 90/120 days prior to expiry of clients Health & Benefits plans
    • Approach insurance carriers/vendors for required information and undertake data (financial, membership, invoices) processing and analysis to prepare pre-renewal reports, using agreed upon tools, standards and techniques
    • Prepare Quote Slips and distribute bid requests (RFP) to target carriers/vendors
    • Collect, summarize and analyze proposal findings
    • Support the production of renewal report / prepare placement / renewal deliverables for clients
    • Manage queries/requests from the carriers/vendors/clients or internal colleagues and escalate them when required
    • Follow up with clients on renewal documentation and census data
    • Liase with Data/Billing and Invoicing Team to validate and clean benefits enrolment and eligibility data and ensure correctness of carrier/vendor invoice
    • Follow regulatory procedure as defined by originating country
    • Peer review team members work prior to delivery to clients.
In Addition To This, You Will

  • Attend training, meetings and/other educational events to increase understanding of trends, regulations and developments in the market
  • Receive training from experienced consultants
  • Comply with internal excellence and compliance requirements
  • Participate in continuous improvement activities to build stakeholders confidence.

Qualifications

Qualifications - Graduate

Skills

  • Excellent written and verbal communication skills in English
  • Strong client service orientation and ability to respond to multiple stake holders effectively and in a timely manner
  • Ability to work on multiple tasks in a fast-paced environment while adhering to strict deadlines is a must
  • Flexibility and proven ability to identify and resolve complex issues
  • Well organized and detail oriented
  • Highly developed critical thinking and analytical skills
  • Excellent interpersonal skills and a collaborative working style
  • Self-starter attitude and ability to establish priorities, work independently and with limited supervision
  • Ability to ask the right questions and seek help where appropriate
  • Take accountability for quality and on-time delivery of own work and involving other team members when appropriate
  • Ability to review and check data against subject domain knowledge (e.g., Health and Benefits plans) and understand the data's applicability/accuracy for the designated purpose
  • Excellent Microsoft Office skills, particularly in Excel and PowerPoint
  • Bachelor's degree required

Experience

  • 2+ years experience working with Health and Benefits plans, ideally gained in a benefit consulting/brokerage firm or health underwriting/actuarial function of an insurance company

WTW is an equal opportunity employer

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Job ID: 147069157

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