Health Actuarial Consultant

Company:

Mercer

Description:

We are seeking a talented individual to join our Health Actuarial Consulting team at Mercer. This role will be based in Chicago. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a Health Actuarial Consultant, you will manage client projects focused on employers’ health benefits strategies, including financial projections, plan design optimization, and renewal negotiations. You will also serve as a primary financial contact for clients while providing direction to analysts and associates.

We will count on you to:

• Lead routine 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.
• Review data analyses conducted by junior staff to ensure actuarial soundness and assist in their development.
• Perform and review complex analyses and cost projections using 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 recommend strategies or solutions.

What you need to have:

• BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
• Minimum 4 years’ experience working in an actuarial field, with health and benefits consulting experience
• Proven progress to obtaining your ASA designation
• Client facing experience
• Strong analytical skills and working knowledge of Microsoft Office—Word, Excel, and PowerPoint.

What makes you stand out:

• Experience in health benefits actuarial consulting.
• ASA credentialed

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 an 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 $93,500 to $187,000.

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.

Apply