Deloitte

Actuarial Consultant

Deloitte$90K — $120K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree
  • 2+ years of health actuary experience in consulting or health plan/insurance company
  • 1+ year experience with Medicaid managed care capitation or fee-for-service rate development
  • Exam progress toward ASA or FSA certification
  • Ability to travel 10-50% based on work and client needs
  • Must be legally authorized to work in the U.S. without sponsorship

Responsibilities

  • Provide strategic consulting services to public sector clients
  • Support Medicaid reimbursement engagements, including rate development
  • Assist in business development efforts for governmental entities
  • Participate in transforming health care through innovative actuarial solutions
  • Address complex, ill-defined problems with innovative approaches
  • Apply business strategies to enhance client outcomes
  • Collaborate with cross-functional teams to deliver actuarial services
  • Engage in continuous learning of emerging health care trends

Benefits

  • Broad range of employee benefits
  • Opportunities for professional growth and development
  • Inclusive culture that empowers diverse perspectives
  • Mentorship and skill-building programs
  • Commitment to making a positive impact in communities
Full Job Description
Work you'll do

As an Actuarial Consultant on the Government & Public Services team, you will:
  • Provide strategic and technical consulting services to public sector clients
  • Support engagements focused on Medicaid reimbursement, including actuarial rate development across managed care and fee-for-service, Medicaid policy, budget forecasting and fiscal analyses, and risk adjustment
  • Support business development efforts for Federal and State governments, employer groups, and other public entities
  • Participate in the transformation of the health care sector through innovative actuarial solutions, such as AI-driven solutions, development of frameworks inclusive of social drivers of health, and transition of payment models to value-based payment frameworks
  • Address complex, ill-defined problems with strong technical and innovative approaches
  • Apply business-oriented strategies to enhance client outcomes and solutions
  • Collaborate with cross-functional teams to deliver comprehensive actuarial services
  • Engage in continuous learning and adaptation to emerging health care trends and technologies
A successful candidate would possess these skills:
  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to provide clear guidance to others
The team

Deloitte's Government & Public Services (GPS) practice - our people, ideas, technology and outcomes - is designed for impact. Serving federal, state, & local government clients as well as public higher education institutions, our team of professionals brings fresh perspective to help clients anticipate disruption, reimagine the possible, and fulfill their mission promise.

Our Insights, Innovation, & Operate offering provides key aspects of our clients' businesses with technology, data, and deep technical and human capabilities. Innovates and delivers creative, industry-centric solutions that streamline work and accelerate speed-to-value.

Qualifications

Required:
  • Bachelor's degree
  • 2+ years of health actuary experience in consulting and/or health plan/insurance company
  • 1+ year of experience with Medicaid managed care capitation rate development and/or fee-for-service rate development
  • Exam progress toward ASA (Associate of the Society of Actuaries) or FSA (Fellow of the Society of Actuaries)
  • Ability to travel 10-50%, on average, based on the work you do and the clients and industries/sectors you serve
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
Preferred:
  • ASA with progression to FSA, FSA, or career ASA designation
  • Experience providing Medicaid consulting services to government agencies
  • Experience with Medicaid waivers, including 1115, 1915(b/c), and 1332 waivers
  • Experience with risk adjustment mechanisms
  • Experience with provider reimbursement streams, including DSH, UPL, etc.
  • Experience with reimbursement models, including value-based care/ACO modeling
  • Knowledge of group insurance products including disability, long-term care, etc.
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which

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Benefits

At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.

Our people and culture

Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ways of thinking, ideas, and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.

Our purpose

Deloitte's purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities. Learn more.

Professional development

From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.

About Deloitte

Deloitte is a multinational professional services network that provides audit, tax, consulting, enterprise risk and financial advisory services. The company was founded in London in 1845 and has since grown to become one of the largest professional services firms in the world. Deloitte has over 330,000 employees in more than 150 countries and territories. The company's mission is to help clients achieve their goals and make an impact that matters in their businesses and communities.
Learn more about Deloitte
Size
330,000 employees
Industry
Founded
1999

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