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Senior Health Actuarial Consultant

1 month ago

Chicago, Illinois, United States Marsh & McLennan Companies Full time
Job Title: Senior Health Actuarial Consultant

At Marsh McLennan, we're committed to building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. As a Senior Health Actuarial Consultant, you'll play a key role in helping our clients navigate the complexities of healthcare and benefits.

Key Responsibilities:
  • Lead client engagements, 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 healthcare-related costs.
  • Review data analyses conducted by junior staff members to ensure actuarial soundness, correct use of models or products, and assist in the development of junior staff members.
  • Perform and review complex analyses and cost projections using or modifying existing products, tools, and pricing models in Excel, SAS, and other software, with potential specialization in certain areas of healthcare-related insurance.
  • Draft and review client reports or presentations to summarize findings and implications, and recommend a strategy, solution, or plan design to the client.
Requirements:
  • BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
  • Minimum 10 years' experience working in an actuarial field, health and benefits consulting experience preferred.
  • ASA 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.
What We Offer:
  • 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 LGBTQ+ group), among others.
  • We are the global leader in the human resources consulting.
  • As part of Marsh McLennan, we offer top-notch benefits: multiple medical, dental, and vision plans with choices to fit all needs and budgets - benefits coverage starting Day 1.

We are committed to embracing a diverse, inclusive, and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other.

We are committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections, and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one 'anchor day' per week on which their full team will be together in person.