HUB International is a global insurance broker providing a broad array of property casualty risk management life and health employee benefits investment and wealth management products and services. HUB has more than 650 offices across the United States Canada and Puerto Rico with more than 20000 employees. Our regional offices throughout North America are dedicated to helping individuals and businesses evaluate and manage their risks and insurance needs. We are a company dedicated to superior customer service with employees committed to adding value to every client activity.
The Senior Actuarial Consultant - OPEB will play a pivotal role within HUB Texas specializing in Other Post-Employment Benefits (OPEB) and retiree medical plan valuations. This individual will oversee a portfolio of OPEB clients and lead actuarial valuations financial reporting and funding analysis initiatives offering critical support to our national and regional consulting teams. The Senior Actuarial Consultant will also provide mentorship to junior team members and may eventually assume people management responsibilities.
This role requires a hands-on approach to actuarial valuations with a strong focus on accuracy and attention to detail. The consultant will leverage deep expertise in employer-sponsored compliance requirementsincluding GASB 74/75 FASB ASC 715-60 and IASB 19(r) accounting standardsto deliver comprehensive valuation reports reserve analyses and funding recommendations.
In this collaborative role the Senior Actuarial Consultant will work closely with internal teams and external clients presenting complex actuarial concepts in clear understandable terms. They will act as a strategic advisor and subject matter expert helping clients navigate challenging OPEB funding and compliance issues while supporting business development and driving success across the organization.
The essential duties contained in this job description reflect general details as necessary to describe the principal functions of this job the level of knowledge and skill typically required and the scope of responsibility. It should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned including work in other functional areas to cover absences equalize peak work periods or otherwise to balance the workload.
Lead actuarial valuations for OPEB and retiree medical plan clients including required accounting reports (GASB 74/75 FASB ASC) liability determination and funding analysis
Present actuarial OPEB results to clients in a clear and easy to understand manner helping clients solve challenging problems and make informed decisions
Manage multiple complex projects and clients simultaneously balancing accuracy requirements with deadlines client budgets and maintaining client relationships and contracts
Update build and review tools and templates as needed including ProVal and other actuarial software
Lead client and internal client team meetings communicating complex actuarial issues clearly and concisely to non-technical audiences
Manage several complex projects and clients simultaneously effectively managing deadlines and maintaining client relationships
Assist with updating building and reviewing tools and templates as needed including expertise in ProVal and other actuarial software
Develop methodologies and analysis approaches for retiree medical plan valuations and funding strategies
Represent the organization to prospective and current clients supporting business development efforts
Support junior colleague development through peer review and mentorship
Partner with the Employee Benefits (EB) consulting teams including but not limited to producers account managers and the financial consulting team
Bachelors degree
Associate of the Society of Actuaries (ASA) certification
Member of the American Academy of Actuaries and able to sign off on statements of actuarial opinions
10 years of relevant experience with extensive history retiree medical consulting
Exposure to various industries including education healthcare and public-sector
Proficiency with Excel and ProVal
Ability to communicate clearly with clients and internal stakeholders
Experience leading client teams and/or projects
Passion for leading and developing others
#LI-KP1
Department Business OperationsRequired Experience: 10-15 years of relevant experienceRequired Travel: Up to 25%Required Education: Bachelors degree (4-year degree)HUB International Limited is an equal opportunity employer that does not discriminate on the basis of race/ethnicity national origin religion age color sex sexual orientation gender identity disability or veterans status or any other characteristic protected by local state or federal laws rules or regulations.
We endeavor to make this website accessible to any and all users. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process please contact the recruiting team. This contact information is for accommodation requests only; do not use this contact information to inquire about the status of applications.
Required Experience:
Senior IC
HUB International is a leading North American insurance brokerage that provides employee benefits, business, and personal insurance products and services.