Actuarial Manager, National EB
Chicago, IL - USA
Job Summary
ABOUT US
At HUB International we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals families and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn grow and make a difference. Our structure enables our teams to maintain their own unique regional culture while leveraging support and resources from our corporate centers of excellence.
HUB is a global insurance and employee benefits broker providing a boundaryless array of business insurance employee benefits risk services personal insurance retirement and private wealth management products and services. With over $5 billion in revenue and almost 20000 employees in 600 offices throughout North America HUB has grown substantially in part due to our industry leading success in mergers and acquisitions.
ABOUT THE ROLE
The Actuarial Manager National EB serves as a critical bridge between HUBs senior actuarial leadership and the broader national actuarial team. Reporting to the Vice President of Actuarial Services this individual is a trusted hands-on leader who owns a portfolio of complex Employee Benefits (EB) clients while also playing a meaningful role in practice development team mentorship and strategic initiatives.
The Actuarial Manager is expected to operate independently on client engagements lead junior staff through day-to-day work and contribute actively to the innovation efficiency and growth of HUBs national actuarial practice. They are an established subject matter expert across multiple EB financial disciplines and are beginning to shape the direction of the practice through thought leadership new revenue initiatives and cross-functional collaboration.
In This Role Youll Get To
Client Commitment
- Quarterback all client financial deliverables and effectively manage project timelines holding team members accountable to deadlines
- Confident credible presenter during client engagements; can own the room independently when needed
- Established as the clients Trusted Advisor for financial consulting across the full spectrum of EB needs budgets renewals stop loss plan design contributions and more
- Collaborates with internal client teams in preparation for client meetings and all financial deliverables
- Supports client development by assisting with RFP responses and participating in prospect finalist meetings
Strategy
- Understands the big picture of client goals and leads strategy conversations; defines client objectives and knows how to measure success
- Applies innovative and leading-edge financial thinking to develop solutions for clients; challenges conventional approaches
- Explains industry and market trends shaping current and future client objectives
- Actively participates in developing new revenue streams through research model-building and/or owning a strategic vendor or product relationship
Leadership & People Management
- Ability to lead staff within the practice area; may have 14 direct reports and is accountable for their development performance and career growth
- Actively mentors junior colleagues; fosters a culture of high-quality work accountability and professional growth
- Contributes ideas to improve client retention and revenue growth goals; actively participates in EB project efficiency and standardization initiatives
- Appropriately challenges internal teams to deliver best-in-class products to clients innovate and lead in the market
- Represents HUB to prospective clients and employees; participates in external webinars and/or contributes to white papers or thought leadership for external use
- Brings new point solutions or strategic vendors to the actuarial group and becomes a practice expert in the relevant area or takes ownership of an existing strategic relationship
Role Requirements
- Bachelors degree required
- Active Associate of the Society of Actuaries (ASA) required
- Member of the American Academy of Actuaries and able to sign actuarial reserves
- 10 years of relevant experience with extensive history in employee benefits consulting
- Experience with mid-market and upper mid-market clients preferred
- Knowledge of various US markets and exposure to diverse industries preferred
- Experience with self-funded clients; comfortable projecting budgets setting reserves and negotiating renewals
- Demonstrated ability to lead client teams manage staff and mentor junior colleagues
- Strong communication skills; ability to present with confidence to executive-level client stakeholders
- Proficiency with Excel VBA Power Query Power BI SQL and/or other technical platforms
- Obtain Life & Health Insurance license within first 3 months of employment with HUB (if not already held)
JOIN OUR TEAM
Do you believe in the power of innovation collaboration and transformation Do you thrive in a supportive and client focused work environment Are you looking for an opportunity to help build and drive change in a rapidly growing and evolving organization When you joinHUB International you will be part of a community of learners and doers focused on our Core Values: entrepreneurship teamwork integrity accountability and service.
Disclosure required under applicable law in California Colorado Illinois Maryland Minnesota New York New Jersey and Washington states: The expected salary range for this position is $ 160000 to $200000 and will be impacted by factors such as the successful candidates skills experience and working location as well as the specific positions business line scope and level. If you believe that your qualifications and experience surpass the minimum requirements for this role we encourage you to submit your application. By doing so we will be able to keep your application on file for consideration for potential future positions within our organization. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance FSA HSA and 401(k) accounts paid-time-off benefits such as vacation sick and personal days and eligible bonuses equity and commissions for some positions.
Department Accounting & FinanceRequired Experience: 10-15 years of relevant experienceRequired Travel: NegligibleRequired 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.
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Required Experience:
Manager
About Company
HUB International is a leading North American insurance brokerage that provides employee benefits, business, and personal insurance products and services.