Location: Dallas, Cleveland, Houston, Salt Lake City, and Washington
The opportunityAs a member of our People Consulting (PC) Health and Welfare (H&W) actuarial team, you'll be part of a dedicated group of professionals serving a diverse range of US and global clients. Our team is known for its technical acumen and deep service delivery experience, which sets EY apart in the industry. When you join as a PC Services Manager, you play a crucial role in our mission to create a better working world. You'll apply your knowledge and skills to help clients achieve their business goals, while also growing professionally and enjoying the rewards of delivering high-quality, impactful work.
Your key responsibilities- Lead and review actuarial and financial analyses for health and welfare programs, including plan pricing, cost projections, budget and premium rate development, employee contribution modeling, claims experience analyses and incurred-but-not-reported (IBNR) reserve calculations
- Review the work of junior professionals, provide technical coaching and prepare or review actuarial reports, client deliverables and specialist memoranda supporting employee benefit plan audits
- Advise clients on H&W plan strategy, design and cost management, including funding arrangements, medical and pharmacy trend, cost sharing, benchmarking and the financial impact of alternative plan designs
- Contribute to business development and client pursuit activities by preparing proposals and delivering presentations for potential and existing clients
- Support health and welfare vendor strategy, including carrier and administrator assessments, request-for-proposal processes, financial evaluations, implementation planning and ongoing vendor performance reviews
- Lead H&W workstreams for transactions, including pre-close due diligence, cost and liability assessments, Day 1 readiness, post-merger integration, benefit harmonization and employee impact analyses
- Support compliance and actuarial analyses related to applicable health and welfare requirements, which may include the Affordable Care Act, COBRA, ERISA, HIPAA, Medicare Part D creditable coverage and Retiree Drug Subsidy attestations
- Contribute to client satisfaction by providing timely and effective responses to client needs and concerns
- Encourage and facilitate collaboration amongst team members, and promote an inclusive working environment
Skills and attributes for successSome key capabilities you should be prepared to bring to your projects include:
- Proficient in planning and execution across multiple high-priority projects
- Instills a culture of accountability and exceptional time management within the team
- Excellent analytical, problem-solving, research and communication skills
- Coordinates client relationship strategies and guides the team in understanding and managing client expectations
To qualify for the role, you must have:- A bachelor's degree with a concentration in Actuarial Science, Mathematics, or Statistics
- Five to ten years of work experience
- An actuarial certification (Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA) or Enrolled Actuary (EA))
- Flexibility and willingness to travel as well as work in excess of standard hours when necessary
- Proficiency with more advanced features in Excel, Word, and PowerPoint
- Demonstrated experience leading and reviewing health and welfare actuarial analyses, including several of the following:
- Medical, prescription drug, dental and other welfare plan pricing, forecasting and cost analysis
- Claims experience, trend and utilization analyses; budget and premium rate development; employee contribution modeling; and IBNR reserve calculations
- H&W plan design, benchmarking, funding strategy, cost management and vendor selection or management
- Transaction due diligence, Day 1 readiness, post-merger integration, benefit harmonization or international benefits coordination
- Retiree medical and other postemployment benefit valuations and accounting analyses under ASC 715, including experience with audit support, is preferred
What we look forWe are looking for an H&W actuary driven by the prospect of diverse and impactful work. This role is unique due to the wide range of opportunities it presents. You'll lead actuarial and financial analyses across active and retiree health programs, help employers evaluate plan design and funding strategies, support benefits transactions and integrations, and collaborate with colleagues across People Consulting, Assurance, Strategy and Transactions, and Tax. The successful candidate will combine strong actuarial judgment with practical consulting skills, communicate complex findings clearly and develop trusted relationships with clients and team members.
What we offer youAt EY, we harness our collective strength to empower you to shape your future with confidence through professional growth, personal fulfillment and an inclusive culture. Learn more at ey.com/us/careers.
- The salary range for this job is:
- New York City, Boston, and Washington DC Metro Areas, Washington State, and Southern California offices - $151,200 to $252,100
- Bay Area California offices - $157,600 to $262,600
- All other offices locations in the US, including Sacramento - $125,900 to $231,100
- Individual salaries within these ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.
Are you ready to shape your future with confidence? Apply today. - To make the most of your application experience, please limit yourself to two applications within a six-month period.
- EY accepts applications for this position on an on-going basis.
- For those living in California, please click here for additional information.
- At EY, our values set the foundation for how we work and the behaviors we expect of our people. Any misrepresentation or falsification of information or lack of integrity at any point in the recruiting process may result in withdrawal of your candidacy, revocation of an offer or immediate termination of employment.
