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Senior Actuarial Analyst

4 months ago

Sacramento, California, United States Marsh McLennan Agency Full time

Senior Actuarial Analyst – Minneapolis, MN (MMA Upper Midwest)

Our not-so-secret sauce.

Award-winning, inclusive, Top Workplace culture doesn't happen overnight. It's a result of hard work by extraordinary people. More than 9,000 of the industry's brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can thrive as an Actuarial Consultant at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With 170 offices across North America, we combine the personalized service model of a local consultant with the global resources of the world's leading professional services firm, Marsh McLennan (NYSE: MMC).

A day in the life.

As our Actuarial Consultant, you'll provide in person and virtual consultation with clients regarding employee benefits program strategies. You will also be responsible for creating claim projections, trend analysis, updating forecasts and comparing funding mechanisms. Daily you will review and prepare annual benefit plan renewals for clients then effectively communicate with insurance carrier underwriting and other actuarial personnel to ensure clients are receiving fair and equitable ratings and premiums. Development of modeling tools and spreadsheets for use by the organization to help clients, prospective clients, and their employees to make better informed decisions on all benefit plans, including consumer directed health care such as health savings accounts, health reimbursement arrangements and to predict the pattern of IBNR reserves with greater accuracy and reduced variance.

Our future colleague.

We'd love to meet you if your professional track record includes these skills:

  • Bachelor's degree in mathematics, statistics, economics or a similar field.
  • In process of obtaining post life & health ASA designation (min. of 4 tests completed with the intent of finishing)
  • Experience in pricing, underwriting and/or trend analysis
  • Exceptional Analytical Ability demonstrated through course work and experience.
  • Ability to pro-actively form productive working relationships with other team members, decision markers, and insurance carrier personnel.
  • Energetic and self-directed with a high degree of commitment, highly motivated and strong work ethic with consistent initiative and follow through on projects and tasks to completion while meeting deadlines.
  • Adaptable and able to change priorities and multi-task regularly to meet deadlines.
  • Experience implementing new processes as required to improve company efficiency and effectiveness.
  • Capable of maintaining the strictest confidentiality regarding client and company data and information.

These additional qualifications are a plus, but not required to apply:

  • ASA designation
  • Insurance license (required within 6 months of hire)

We know there are excellent candidates who might not check all of these boxes. Don't be shy. If you're close, we'd be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside our organization. We've built a culture that promotes colleague well-being through robust benefit programs and resources, encourages professional and personal development, and celebrates opportunities to pursue the projects and causes that give colleagues fulfilment outside of work.

Some benefits included in this role are:

  • Generous time off, including personal and volunteering
  • Tuition reimbursement and professional development opportunities
  • Hybrid work
  • Charitable contribution match programs
  • Stock purchase opportunities

To learn more about a career at MMA, check us out online: or flip through our recruiting brochure:

Follow us on LinkedIn, Facebook, Instagram, and Twitter to meet our colleagues and see what makes us tick.

Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

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