Senior Health Actuary Leader
4 weeks ago
We are seeking a highly skilled Senior Health Actuary to join our team at The Segal Group. As a key member of our Health Practice, you will be responsible for providing technical expertise in areas such as modeling development and evaluation, rate setting, reserve calculations, and plan/design analysis.
Key Responsibilities:- Perform as the primary or secondary consultant on Health Practice projects related to financial/actuarial modeling, pricing/rating or underwriting, and other actuarial work for clients.
- Set protocols for and review claim cost analyses (including assumptions) during the preparation of health actuarial valuation reports, plan design, budgeting, procurement, and regulatory issues.
- Act as a technical resource on Health and Welfare design, financing, and managed care issues, providing colleagues both inside and outside the practice with actuarial perspective on relevant inquiries.
- Support actuarial consulting projects in other West Region offices (some travel may be required) to include: review and analysis of data, establishing or reviewing actuarial models, and supporting new business development efforts.
- Contribute to the professional and technical development of the Health Practice, including continually developing and expanding own expertise, researching and keeping abreast of marketplace developments and trends, importing and disseminating information and knowledge regarding best practice concepts and/or approaches, contributing to the development of skills and abilities of colleagues and staff members, and proactively identifying and attracting external talent to the practice, market, and Company.
- 9+ years of health actuarial experience and preferably health and welfare managed care experience within a consulting and/or professional service environment.
- ASA or FSA and Member of the Academy of Actuaries credentials.
- Corporate or insurance company experience may be acceptable provided the individual has consulting experience knowledge and skills that are immediately transferable to a consulting environment (i.e. project management, client service focus, strategic/creative problem solving, business advisory orientation to addressing plan design/technical aspects of health and welfare and managed care plans, etc.).
- Expertise in pricing, rate setting, cost projections, reserve calculations, and related issues for a variety of insurance coverages, including medical, pharmacy, dental, vision, life, and disability.
- Proficiency in Excel and Word.
- Demonstrated project management skills.
- Collaborative work ethic with ability to interact effectively with a diverse audience, work independently, and in teams.
The Segal Group is a privately owned, leading North American employee benefit, human resources, and investment management consulting firm with over 80 years of history providing trusted advice that improves lives. Clients include public and private corporations, multiemployer trust funds, public sector entities, higher education institutions, institutional advisors, among many others.
The current salary range for this position is $124,500 to $165,000 plus opportunity for a discretionary performance bonus based on company profitability and employee performance. In addition, The Segal Group offers a comprehensive suite of benefits, including a non-contributory defined benefit pension plan, matching and discretionary contributions to a 401(k) profit-sharing plan, medical and prescription benefits, dental benefits, life insurance, disability insurance, an Employee Assistance Program, wellness benefit reimbursements and rewards, and professional credential and tuition reimbursement.
The Segal Group also provides comprehensive paid time off, including holidays, vacation days, sick leave, paid family leave, and sabbaticals.
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