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WTW Senior Associate, Health & Benefits in Singapore, Singapore

The Role

Overview of the role- Client Servicing:

  • Responsible for managing customer relationships in the area of health & benefits (H&B)

  • Define the scope of the methodology and proposal preparation and consulting contracts.

  • Project management of clients, guaranteeing delivery on time, within budget and with high quality

  • Manage H&B vendor renewals and negotiations

  • Design efficient plan designs and funding arrangements that fit client's needs

  • Provide claims analysis reports, including loss ratio, frequency of the use, member profile, etc.

  • Provide annual benchmarking comparison relating to H&B clients

  • Internal system updates relate to benefits matters

  • Analysis about the advantages and disadvantages of the plan funding model (insured or self- insured); development of performance indicators for monitoring results

  • Legislative updates: communicate Human Resources team any changes in local laws related to group life insurance, medical and dental benefits; and potential direct and/or indirect impacts on the company's current benefits programs

Advisory for GBM clients:

  • Responsible for managing client relationships in the area of benefits advisory and wellness leading to the generation of new business to successfully meet financial targets.

  • Responsible of ensuring all GBM clients are represented within WTW's Benefits Data Source (Benchmarking data).

  • Develop efficient plan designs and funding arrangements that fit client goals

  • Working within a benefits optimisation framework to maximize the value of benefits whilst maintaining cost sustainability. This includes leading executive interviews and running employee benefit surveys and focus groups with employees

  • The analysis of cost claims and utilization data to provide meaningful insights on trends, opportunities and risks.

  • The design (and re-design) of flexible benefit and voluntary benefit programs to meet the diverse needs of our clients' workforce.

The Requirements

  • Minimum of 8 years' experience in a Health & Benefits consulting or brokerage role, or from a C&B function in industry.

  • Excellent ability to communicate effectively with a strong focus on customer service

  • Good oral and written communication skills

  • Deep knowledge of the Singapore vendor marketplace

  • Technical proficiency in Singaporean employee benefits

  • Broad understanding of compliance issues related to local legislation

  • Proficiency in Microsoft Office (especially Excel and Word);

  • Proficiency in English language

Competencies

  • Client Focus

  • Influence and Selling

  • Results Focus

  • Collaboration

  • Thought Leadership and Innovation

Equal Opportunity Employer

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