Sr. Principal Lead Health Actuary Consultant
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Job Location:
Chicago, IL - USA
Monthly Salary:
$ 150000 - 225500
Posted on:
2 days ago
Vacancies:
1 Vacancy
Job Summary
Company:
MercerDescription:
We are seeking an experience Health Actuary Leader to join our Actuarial and Financial Consulting teams at Mercer. This hybrid role (minimum of 3 days in the office) can be located an any of our office locations across the United States.
At Mercer we make a difference in the lives of more than 110 million people every day by advancing their health wealth and careers. Were in the business of creating exciting and rewarding futures for our clients and their employees whether were designing affordable health plans securing finances for retirement or aligning employees with workforce strategy. Capitalizing on analysis and insights as catalysts for change we anticipate and understand the impact of business decisions now and in the future. Our holistic view and deep expertise allow us to see clients current and future needs through a lens of innovation and impact and every idea and solution we offer.
Sr. Principal Lead Health Actuary Consultant
What can you expect
- Responsible for managing client projects that focus on employers health benefits strategies including financial projections carrier selection plan design optimization employee contribution setting IBNP valuations benchmarking well-being initiatives and renewal negotiations
- Create deliverables and provide direction to analysts and associates while serving as one of the primary financial client contacts
- Present deliverables to clients in partnership with senior members of the client teams
Whats in it for you
- 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 LBGTQ group among others
We will count on you to do:
- Lead routine client engagements including 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 health care related costs.
- Review the data analyses that are conducted by junior staff members to ensure actuarial soundness correct use of models or products and to assist in the development of junior staff members.
- Perform and review complex analyses and cost projections by using or modifying existing products tools and pricing models in Excel SAS and other software with potential specialization in certain areas of health care related insurance.
- Draft and review client reports or presentations to summarize findings and implications and to recommend a strategy solution or plan design to the client
What you need to have:
- BA/BS degree in actuarial science math statistics finance economics or related field required
- 15 years experience working in an actuarial field consulting experience preferred
- ASA/FSA credential
- Strong analytical skills both quantitative and qualitative and working knowledge of Microsoft OfficeWord 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
The applicable base salary range for this role is $150000 to $225500.
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 addition to the base salary this position may be eligible for performance-based incentives.
Applications with be accepted through May 8.
Mercer is a business of Marsh (NYSE: MRSH) a global leader in risk reinsurance and capital people and investments and management consulting advising clients in 130 countries. With annual revenue of over $27 billion and more than 95000 colleagues Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer visit or follow us on LinkedIn and X.Marsh 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 Marsh 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 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.Required Experience:
Staff IC
