Marsh McLennan

Vice President, Actuarial Services

Marsh McLennan$115K — $214K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 10+ years of experience in Health Insurance or Benefits Consulting within a matrixed environment.
  • Proven experience leading, managing, and developing Actuarial and Underwriting teams.
  • Deep expertise in self-funded employee benefits, regulatory compliance, and reporting.
  • Experience providing consultative support throughout the client lifecycle.
  • Skilled in developing and innovating proprietary actuarial models and financial analyses.
  • A Bachelor's Degree or equivalent and an Associate or Fellow of the Society of Actuaries.

Responsibilities

  • Lead and expand actuarial and financial analytics services.
  • Oversee compliance and regulatory reporting efforts.
  • Develop proprietary models to enhance client support.
  • Unify and manage underwriting and actuarial teams.
  • Drive innovation in actuarial practices to improve market position.
  • Collaborate with Financial Analytics to enhance cost projection processes.

Benefits

  • Medical, dental, and vision insurance, plus a 401K plan.
  • Flexible work environment, allowing for remote or office-based work.
  • 20 days of paid time off per year, starting.
  • Paid volunteer day and organized company volunteer events.
  • Up to $1,000 annually in matching charitable donations.
  • Up to $750 annually in wellness rewards.
  • Endless nitro cold brew coffee and sparkling water availability.
Full Job Description
A day in the life.

As our Vice President of Actuarial Services on the Financial Analytics team, you'll lead and expand our actuarial and financial analytics services. You will oversee actuarial compliance, regulatory reporting, and the development of proprietary models and analytics to support our client base. You will unify and manage underwriting and actuarial teams, drive innovation, and enhance our competitive position in the market.

Our future colleague.

We'd love to meet you if your professional track record includes these skills:
  • Minimum 10 years of actuarial experience in Health Insurance / Benefits Consulting, with proven ability to work in a matrixed environment with competing priorities.
  • Leading, managing, and developing Actuarial and Underwriting teams, fostering a unified and collaborative environment
  • Expertise in self-funded employee benefits, medical, Rx, stop loss, IBNR, and discount analysis as well as Overseeing actuarial compliance and regulatory reporting.
  • Providing consultative support throughout the client lifecycle, assisting with prospective efforts, and supporting renewal negotiations
  • Developing, validating, and innovating proprietary actuarial models, templates, and financial analyses
  • Collaborating with Financial Analytics and other actuarial hubs to enhance cost projection processes and ensure actuarial soundness
  • Bachelor's Degree or equivalent work experience and an Associate or Fellow of the Society of Actuaries.


These additional qualifications are a plus, but not required to apply:
  • Proficiency in MS Office (Word, Excel, PowerPoint), with advanced skills in Excel, Access, and actuarial software.
  • Willingness to travel up to 30%


A Great Place to Work. A Great Place to Perk.

Recognized for workplace culture by the likes of Fortune Magazine, The Chicago Tribune and more, our colleagues enjoy an environment that fosters creativity as well as individual and organizational growth. A small sampling of the benefits our colleagues enjoy include:
  • Medical, dental, vision, 401K benefits and more
  • The flexibility to work at home or an office, based on your discretion and schedule
  • Start with 20 days of paid time off
  • A paid day off to volunteer and company-organized volunteer events
  • Up to $1,000 per year in matching charitable donations
  • Up to $750 per year in wellness rewards
  • All the nitro cold brew coffee and sparkling water you can drink
  • A company-wide mentality that you can never appreciate your co-workers too much


The applicable base salary range for this role is $115,000 to $214,500.

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, 401K savings and other retirement programs as well as employee assistance programs.

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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