Hub International Limited

Actuarial Consultant

Hub International Limited$110K — $150K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in a relevant field.
  • Active Associate of the Society of Actuaries (ASA) certification.
  • 5+ years of experience in employee benefits consulting.
  • Experience with diverse client sizes including mid-market and jumbo clients.
  • Proficiency in Excel, VBA, Power Query, Power BI, and SQL.

Responsibilities

  • Act as the primary actuary for small and mid-market clients and support large clients.
  • Ensure timely and high-quality deliverables with internal teams.
  • Provide actuarial direction and strategic financial guidance to senior leadership.
  • Conduct projects like experience reports and budget projections.
  • Analyze data for ad hoc projects using Excel and HUB’s data warehouse.
  • Update and develop financial tools and templates accordingly.
  • Collaborate with teams on cost containment analyses and strategies.

Benefits

  • Health, dental, and vision insurance.
  • Life and disability insurance.
  • Flexible spending accounts (FSA) and health savings accounts (HSA).
  • 401(k) retirement plan with company match.
  • Generous paid time-off policies including vacation and personal days.
Full Job Description
Job Description

ABOUT THE ROLE

The Actuarial Consultant will support our growing national actuarial practice, initially reporting to the National Director of Underwriting and Actuarial Services. This individual will support a portfolio of Employee Benefits (EB) clients varying in the role of lead actuary (for small to mid-market clients) and supporting actuary (for the large market clients).

The Actuarial Consultant will also provide mentorship to junior team members and may offer support to regional consulting teams. This role requires a hands-on approach to both routine and ad hoc analyses, leveraging data from our warehouse and other systems to meet client needs and support strategic national initiatives.

In this collaborative role, the Actuarial Consultant will work closely with specialty practices such as Clinical and Pharmacy teams, as well as development teams, to drive success across the organization. They will act as a valuable resource for regional financial consulting teams, helping ensure exceptional service and expert guidance.

In This Role, You’ll Get To

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.

  • Act as client lead for small and mid-market clients; provide support to large clients
  • Coordinate with internal teams to ensure high-quality, timely deliverables for clients
  • Support the National Director and Senior Actuary to offer actuarial direction and strategic guidance, supporting the financial reporting needs enterprise-wide, including the development of financial templates, calculators, and models
  • Execute projects, including: experience reports, budget projections, and reserve setting
  • Work on ad hoc projects requiring data analysis within Excel and HUB’s data warehouse
  • Update, build, and review tools and templates
  • Collaborate with Clinical, Pharmacy, and Health & Performance teams on various cost containment analyses and strategies
  • Analyze benefits plans, funding mechanisms and/or vendor partners to help achieve clients’ goals
  • Act as a strategic advisor/SME to clients and/or internal stakeholders as it relates to actuarial and financial consulting needs
  • May represent HUB to prospective and current clients
  • Work on special projects and continue to build technical skills
  • Support junior colleague development through peer review and mentorship

Role Requirements

  • Bachelor’s degree. 
  • Active Associate of the Society of Actuaries (ASA) certification
  • Able to sign actuarial certifications with necessary Associate of the Society of Actuaries and Member of the American Academy of Actuaries credentials
  • 5+ years of employee benefits consulting experience.  Experience with clients ranging from mid-market, upper mid-market, and jumbo preferred
  • Knowledge of various markets across the US preferred
  • Exposure to various industries, including education, healthcare and public-sector preferred
  • Proficiency with Excel, VBA, Power Query, Power BI, SQL, and/or other technical experience
  • Experience with self-funded clients and comfortable projecting budgets, setting reserves, and negotiating renewals
  • Strong critical thinking skills and ability to manipulate and analyze data
  • Passion for leading and developing others
  • Ability to communicate clearly with clients and internal stakeholders
  • Experience leading client teams/projects and delivering client presentations
  • Comfortable in data warehouse, running standard and ad hoc reports
  • Obtain Life & Health Insurance license within first 3 months of employment with HUB

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 join HUB International, you will be part of a community of learners and doers focused on our Core Values: entrepreneurship, teamwork, integrity, accountability, and service.

The expected salary range for this position is $ 110,000 to $150,000 and will be impacted by factors such as the successful candidate’s skills, experience and working location, as well as the specific position’s business line, scope and level. HUB International is proud to offer comprehensive benefit and total compensation packages which could include health/dental/vision/life/disability insurance, FSA, HAS and 401(k) accounts, paid-time-off benefits such as vacation, sick, personal, floating holidays and company holidays. In addition, eligible annual bonuses, equity and commissions may be available for some positions. 

Department Account Management & Service

Required Experience: 5-7 years of relevant experience

Required Travel: Negligible

Required Education: Bachelor's degree (4-year degree)

About Hub International Limited

Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 13,000 employees in offices located throughout North America, Hub's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.
Learn more about Hub International Limited
Size
13,000 employees
Industry
Founded
1998

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