Marsh McLennan

Sr. Health Actuary Consultant

Marsh McLennan$93K — $187K *
Healthcare
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • BA/BS in actuarial science, math, statistics, finance, economics, or related field
  • Minimum 4 years' experience in actuarial work, specifically health and benefits consulting
  • Progress toward ASA designation
  • Experience interacting with clients directly
  • Proficient in Microsoft Office Suite, particularly Excel.

Responsibilities

  • Lead client engagements, overseeing strategy, financial evaluations, and project deliverables
  • Review junior staff analyses to ensure actuarial accuracy and foster skill development
  • Conduct complex analyses and forecasts using software like Excel and SAS
  • Create and review reports and presentations to communicate findings to clients.

Benefits

  • Professional development opportunities
  • Inclusive and vibrant company culture
  • Diverse career opportunities within a global company
  • Flexibility of a hybrid work environment.
Full Job Description
Description:

We are seeking a talented individual to join our Health Actuarial and Financial Consulting team at Mercer. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a Sr Health Actuarial Consultant, you will lead client engagements focused on employers' health benefits strategies, including financial projections, plan design optimization, and renewal negotiations. You will also serve as a primary financial contact for clients while providing direction to analysts and associates.

We will count on you to:
  • Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other projects associated with underwriting health and welfare insurance.
  • Review data analyses conducted by junior staff to ensure actuarial soundness and assist in their development.
  • Perform and review complex analyses and cost projections using Excel, SAS, and other software, with potential specialization in certain areas of healthcare-related insurance.
  • Draft and review client reports or presentations to summarize findings and recommend strategies or solutions.


What you need to have:
  • BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
  • Minimum 4 years' experience working in an actuarial field, with health and benefits consulting experience
  • Proven progress to obtaining your ASA designation
  • Client facing experience
  • Strong analytical skills and working knowledge of Microsoft Office-Word, Excel, and PowerPoint.


What makes you stand out:
  • Experience in health benefits actuarial consulting.
  • Strong programming skills in R and Python, with experience in writing reusable code for data manipulation, actuarial or financial modeling, and process automation, applied effectively in project or production environments.
  • ASA credentialed


The applicable base salary range for this role is $93,500 to $187,000.

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.

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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