Marsh McLennan

Health Actuary (m/f/x)

Marsh McLennan$122K — $172K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in health insurance or actuarial services
  • Proficiency in Excel, SAS, and other data analysis tools
  • Strong understanding of underwriting and health care cost projections
  • Experience in developing and mentoring junior staff
  • Excellent communication skills for client interactions
  • Familiarity with benchmarking and plan design processes
  • Ability to identify business growth opportunities

Responsibilities

  • Lead client engagements, managing service delivery and strategy
  • Review and validate analyses conducted by junior staff for actuarial soundness
  • Perform complex data analyses and cost projections
  • Draft and present client reports with strategic recommendations
  • Manage day-to-day client communication and project-related challenges
  • Assist in identifying growth opportunities within existing projects
  • Contribute to the development of intellectual capital in health insurance

Benefits

  • Hybrid work flexibility with remote and in-office collaboration
  • Health and welfare benefits
  • Tuition assistance for continued education
  • Retirement programs to support long-term financial health
  • Employee assistance programs for personal support
Full Job Description
Leads 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.

Reviews 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.

Performs and reviews 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.

Drafts and reviews client reports or presentations to summarize findings and implications, and to recommend a strategy, solution, or plan design to the client with occasional input from senior project team members.

Handles day-to-day client contact/management to resolve project-related questions and challenges, and may guide junior staff members in client interactions.

Assists senior team members in the development of business by identifying potential areas of business growth in existing projects and by providing assistance in responding to requests for information or proposals.

Participates in development of intellectual capital in order to further develop the company's offerings, as well as knowledge of health insurance actuarial services and products.

For U.S. colleagues only, click here to review additional responsibilities and our reasonable accommodations standards.

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.

The applicable base salary range for this role is $122 000 to $172 000.

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 basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.

This is a New position.

About Marsh McLennan

Marsh McLennan Careers

Join the exceptional team at Marsh McLennan, a global leader in professional services, offering unparalleled job opportunities in insurance, risk management, and consultancy. As the company propels forward, it invites dedicated professionals to contribute to a culture of innovation, leadership, and growth.

Work You’ll Do

At Marsh McLennan, you will engage with complex challenges that push the boundaries of your skills and knowledge. Our team thrives on diversity and the shared goal of delivering impactful solutions to our clients worldwide. By joining us, you will be part of a culture that values diversity training and leadership development, ensuring every team member is equipped for success.

Explore Professional Growth

Marsh McLennan is committed to the professional growth of its employees. Whether you are seeking a position that offers a path to leadership or looking for robust internship programs to kickstart your career, Marsh McLennan provides the resources and global platform to propel your ambitions into achievements. Our benefits package is designed to support the well-being and continuous professional development of all staff, from entry-level to senior leadership roles.

Innovative Work Environment

Our company is at the forefront of industry innovation. The collaboration between experienced professionals and fresh talent generates dynamic solutions that keep Marsh McLennan at the cutting edge of the industry. Our team is encouraged to lead with creativity and embrace new ideas, driving the company’s legacy of pioneering industry-first solutions.

Join Our Team

Marsh McLennan is hiring! Explore the multitude of job opportunities on our careers page, from strategic advisory roles to operational excellence positions. We look for passionate, curious, and solution-driven team players. Enhance your career with Marsh McLennan, where your skills will be honed through challenging projects and high-impact strategies.

Networking and Career Advancement

Networking at Marsh McLennan opens doors to enriching connections and countless opportunities within the industry. Our professionals benefit from an environment that fosters networking through events, professional groups, and collaborative projects. With Marsh McLennan, career advancement is not just a possibility—it is an expectation.

Prepare for Your Interview

Ready to apply? Make sure your resume highlights your most relevant experiences and skills tailored to the position you are applying for. Our interview process is designed to understand your capabilities and fit with our team’s goals and values. Prepare to discuss how your background, experiences, and professional aspirations align with the opportunities at Marsh McLennan.

Stay Connected

Keep up to date with the latest from Marsh McLennan: - **Career Insights**: Gain insider perspectives and industry-leading insights through our careers blog. - **Job Alert Emails**: Personalize your subscription to receive job alerts and the latest news tailored to your preferences. Discover the rewarding career opportunities awaiting at Marsh McLennan, where your professional journey is just the beginning. Join us in shaping a future defined by insight, integrity, and innovation.
Learn more about Marsh McLennan
Size
83,000 employees
Market Cap
$82.6 billion
Industry
Net Income
$2 billion
Founded
1914
5 Year Trend
+8.5%
Revenue
$17.2 billion
NASDAQ

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