Government Health Senior Actuarial Analyst

Company:

Mercer

Description:

We are seeking a talented individual to join our Government Human Service Consultant (GHSC) team at Mercer. This role can be based in Phoenix or Minneapolis, and it is a hybrid role with a requirement of working at least three days a week in the office.

Medicaid is a government-sponsored health insurance program in the United States designed to provide healthcare coverage to low-income individuals and families. As a consulting firm specializing in Medicaid, Mercer’s GHSC team assists state governments in optimizing their Medicaid programs. Our team plays a vital role in managing and analyzing Medicaid claims data to enhance patient access to care, improve cost efficiency, and elevate the quality of services provided to these individuals.

As a Government Health Senior Actuarial Analyst, you will have the opportunity to collaborate with experienced programmers, actuaries, and clinicians, contributing to meaningful projects that aim to positively impact the lives of individuals and families in need. Join us in making a difference! 

We will count on you to:

• Utilize technical expertise in Microsoft Excel and SAS/SQL to support capitation rate setting and other actuarial projects
• Under the direction of the actuarial team, incorporate rate setting data and assumptions into actuarial models and inform the project teams on the impact of data and assumptions
• Participate in the drafting of project communications, including rate certification letters, presentations and other client communications
• Support project teams in finalizing capitation rates while learning the implications of Medicaid policies on data and rates
• Collaborate with a group of colleagues on smaller team-based assignments, with opportunities to participate in larger scale client and industry projects
• Work in a fast-paced, challenging and dynamic consulting environment with colleagues across all organizational levels to meet and exceed client demands and deadlines

What you need to have: 

• BA/BS degree
• A commitment to achieving a Society of Actuaries (SOA) designation, as demonstrated by having passed at least one SOA
• 1+ years minimum actuarial experience, with Medicaid or healthcare actuarial experience strongly preferred
• Proficiency with MS Excel, SAS/SQL or similar programs

What makes you stand out?

• Medicaid actuarial experience (any state program, health insurer or Federal agency) or actuarial consulting experience
• Excellent interpersonal skills; strong oral and written communication skills
• Ability to prioritize and handle multiple tasks in a demanding work environment
• Strong critical thinking and analytical problem-solving skills
• Experience related to health plan analysis or capitated rate development is preferred, but not required

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.

Marsh McLennan is 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 characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com.

Marsh McLennan is 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.

The applicable base salary range for this role is $59,000 to $118,100.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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