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Health and Welfare Actuary
3 months ago
Lockton Dunning Benefits is currently seeking a Health and Welfare Actuary. This position will support the Health and Welfare clients of Lockton Dunning Benefits. The ideal candidate will demonstrate a high level of professionalism; possess the ability to work well in a fast-paced environment and the flexibility to easily adapt to changing priorities.
- Assist in strategy development and costing of scenarios to strategy discussions
- Assist in benchmarking discussions with clients, including strategy development
- Price alternative plan designs and define product strategy
- Project savings/costs related to plan design or provider network changes
- Set budget rates for self-insured plans
- Employee contribution rate development
- Perform IBNR reserve development
- Develop and deploy models to evaluate cost-saving scenarios
- Mentor and delegate work to actuarial assistant
- Seek and provide peer review to ensure high quality client deliverables
- Develop general consulting skills, knowledge, and exposure
- Budget and forecasting assistance
- Projection and other financial modeling related to health care reform
- Benefit expense estimates for proposed benefit designs
- Medical reserve estimates and year-end actuarial certifications
Requirements:
- At least five years of relevant health actuarial consulting and/or health plan/insurance company experience
- Bachelor's degree (graduate's degree is a plus)
- Minimum preferred credentials: ASA and MAAA (FSA, or plans to become an FSA, is a plus)
- Ability to work independently; must be motivated with strong oral and written communication skills
- Ability to work on multiple types of projects at one time
- Self-motivated, high achiever who has demonstrated leadership skills that will be used in a team-oriented environment
- Strong presentation skills with ability to participate in client meetings, presentations and new business opportunities
- Team player
- Strong client presence with project management, presentation, and facilitation skills
- Well-organized with the ability to handle several projects/clients simultaneously
- Strong oral and written communication skills
- Dedicated work ethic with a commitment to client service excellence
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