Principal Health Actuary Consultant
Job Description
Mercer is recruiting for a Principal Health Actuary Consultant
Principal Health Actuary Consultant
What can you expect
- Responsible for managing client projects that focus on employers health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives and renewal negotiations
- Create deliverables and provide direction to analysts and associates, while serving as one of the primary financial client contacts
- Present deliverables to clients in partnership with senior members of the client teams
What's in it for you
- Excellent growth, mobility and advancement opportunities
- Considerable opportunity to network with senior actuaries across the country
- Option to support intellectual capital or business development across the market
- Opportunity to participate in various business resource groups like Rising Professional Network, Women at Mercer, PRIDE our LBGTQ+ group among others
We will count on you to do:
- Lead routine client engagements, including managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking and other projects associated with underwriting health and welfare insurance, brokering contracts or projecting health care related costs.
- Review the data analyses that are conducted by junior staff members to ensure actuarial soundness, correct use of models or products, and to assist in the development of junior staff members.
- Perform and review complex analyses and cost projections by using or modifying existing products, tools, and pricing models in Excel, SAS, and other software with potential specialization in certain areas of health care related insurance.
- Draft and review client reports or presentations to summarize findings and implications, and to recommend a strategy, solution, or plan design to the client
What you need to have:
- BA/BS degree in actuarial science, math, statistics, finance, economics or related field required
- 10+ years experience working in an actuarial field, consulting experience preferred
- ASA/FSA credential
- Strong analytical skills, both quantitative and qualitative, and working knowledge of Microsoft Office-Word, Excel, and PowerPoint
- Proven project management skills and creative problem-solving abilities
- Ability to work in teams and be flexible to work under tight deadlines and changing client needs
Mercerbelieves in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's more than 25,000 employees are based in 44 countries and the firm operates in over 130 countries. Mercer is a business of Marsh & McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with 76,000 colleagues and annual revenue of $17 billion. Through its market-leading businesses includingMarsh,Guy CarpenterandOliver Wyman, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit. Follow Mercer on Twitter@Mercer.
Marsh & McLennan Companies and its Affiliatesare EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
Job Details
Employment Types:
Full time
Industry:
Banking / Accounting / Financial Services
Function:
IT
Roles:
Customer Service Executive (Voice)
Skills:
Development potential data analyses Presentations analytical Pricing Models Negotiations initiatives Powerpoint problem-solving client needs Analytical Skills Economics Project Management Skills Actuarial Science Valuations project management Finance creative problem-solving Benchmarking Strategy Financial Projections Statistics Flexible Consulting Experience Microsoft Office sas Excel service delivery
