Senior Actuarial Consultant Expert
5 days ago
About the Company: HUB International is a leading insurance and employee benefits broker, providing a wide range of products and services to clients across North America. As a team of entrepreneurs, we empower our clients and employees by protecting businesses and individuals in our local communities.
About the Role: The Senior Actuarial Consultant will play a pivotal role within our national actuarial team, reporting directly to the National Director of Underwriting and Actuarial Services. This individual will oversee a portfolio of Employee Benefits (EB) clients and lead financial reporting initiatives, offering critical support to our national and regional consulting teams.
Key Responsibilities:
- Lead actuarial analysis and financial consulting for EB clients, overseeing experience reports, budget rate setting, and reserving
- Coordinate with internal teams to ensure high-quality, timely deliverables for clients
- Partner with the National Director to offer actuarial direction and strategic guidance, supporting the financial reporting needs enterprise-wide, including the development of financial templates, calculators, and models
- Assist with updating, building and reviewing tools and templates as needed
- Work on ad hoc projects requiring data analysis within Excel and HUB's data warehouse
- Collaborate with Clinical, Pharmacy, and Health & Performance teams on various cost containment analyses and strategies
- Analyze benefits plans, funding mechanisms and/or vendor partners to help achieve clients' goals
- Act as a strategic advisor/SME to clients and/or internal stakeholders as it relates to actuarial and financial consulting needs
- Represent HUB to prospective and current clients
Requirements:
- Bachelor's degree
- Active Associate of the Society of Actuaries (ASA) certification
- Member of the American Academy of Actuaries and able to sign actuarial reserves
- 10+ years of relevant experience, with extensive history in employee benefits consulting
- Experience with clients ranging from mid-market, upper mid-market, and jumbo preferred
- Knowledge of various markets across the US preferred
- Exposure to various industries, including education, healthcare and public-sector preferred
- Proficiency with Excel, VBA, Power Query, Power BI, SQL, and/or other technical experience
- Experience with self-funded clients and comfortable projecting budgets, setting reserves, and negotiating renewals
- Ability to communicate clearly with clients and internal stakeholders
- Experience leading client teams and/or projects
- Passion for leading and developing others. Experience managing team preferred
- Comfortable in data warehouse running standard and ad hoc reports
- Obtain Life & Health Insurance license within first 3 months of employment with HUB
Estimated Salary Range: $140K - $200K per year
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