Health Actuary – Manager

Role Overview

• 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
• Directs, coaches, and guides a group of professional actuarial analysts through core valuation work which includes flawless execution with respect to requesting, gathering, and reviewing vendor/client data for completeness, accuracy, validity and reasonableness to identify any discrepancies
• Reviews data analyses associated with underwriting health and welfare insurance, brokering contracts, or projecting health care related costs, in order to ensure actuarial soundness and correct use of models or products
• Assists in the development of junior staff members
• Performs and reviews moderately complex actuarial/quantitative analyses and cost projections by using or modifying existing products, tools, and pricing models in Excel, SAS, and other software, with minimal input from senior project team members
• Prepares presentations or reports of data trend analyses, in order to summarize findings and implications and to recommend a strategy, solution, or plan design to the client
• Provides technical leadership to actuarial analysts by teaching new skills and developing intellectual capital of health insurance actuarial services and products

Requirements

• BA/BS degree in actuarial science, math, statistics, finance, economics or related field required
• 5+ years’ experience working in an actuarial field
• Demonstrated ability to pass Society of Actuaries credentialing exams
• Strong analytical skills, both quantitative and qualitative, and working knowledge of Microsoft Office—Word
• Proven managerial experience
• Ability to work in teams and be flexible to work under tight deadlines and changing client needs

Benefits

• 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
• Support for progression towards actuarial designations including paid study time, reimbursement for materials/exam fees and bonus/salary increase with exam passes
• Opportunity to participate in various business resource groups like Rising Professional Network, Women at Mercer, PRIDE our LBGTQ+ group among others