Sr. Health Actuary Consultant

Marsh McLennanBoston, MA
8dHybrid

About The Position

We are seeking a talented individual to join our Health Actuarial and Financial Consulting team at Mercer. This is a hybrid role that has a requirement of working at least three days a week in the office. As a Sr Health Actuarial Consultant, you will lead client engagements focused on employers’ health benefits strategies, including financial projections, plan design optimization, and renewal negotiations. You will also serve as a primary financial contact for clients while providing direction to analysts and associates. We will count on you to: Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other projects associated with underwriting health and welfare insurance. Review data analyses conducted by junior staff to ensure actuarial soundness and assist in their development. Perform and review complex analyses and cost projections using Excel, SAS, and other software, with potential specialization in certain areas of healthcare-related insurance. Draft and review client reports or presentations to summarize findings and recommend strategies or solutions.

Requirements

  • BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
  • Minimum 4 years’ experience working in an actuarial field, with health and benefits consulting experience
  • Proven progress to obtaining your ASA designation
  • Client facing experience
  • Strong analytical skills and working knowledge of Microsoft Office—Word, Excel, and PowerPoint.

Nice To Haves

  • Experience in health benefits actuarial consulting.
  • Strong programming skills in R and Python, with experience in writing reusable code for data manipulation, actuarial or financial modeling, and process automation, applied effectively in project or production environments.
  • ASA credentialed

Responsibilities

  • Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other projects associated with underwriting health and welfare insurance.
  • Review data analyses conducted by junior staff to ensure actuarial soundness and assist in their development.
  • Perform and review complex analyses and cost projections using Excel, SAS, and other software, with potential specialization in certain areas of healthcare-related insurance.
  • Draft and review client reports or presentations to summarize findings and recommend strategies or solutions.

Benefits

  • We help you be your best through professional development opportunities, interesting work, and supportive leaders.
  • We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.
  • Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
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