Actuarial Manager - Health/Life

GB035 Mercer (UK) Limited; London; Hybrid; GBP 60,000 - 85,000; Full time

Job summary

A leading consultancy in the actuarial field seeks a Project Manager to oversee client engagements and deliver financial analysis. This role offers a hybrid working model, performance-related bonuses, and a flexible benefits package including private health insurance and pension contributions. Join a driven team while playing a pivotal role in managing health and life insurance projects.

Benefits

Pension contributions

Private health insurance

Employee assistance programs

Career mobility opportunities

Volunteer opportunities

Performance-related bonus scheme

Qualifications

• Extensive actuarial modeling experience required.
• Strong interpersonal and relationship-building skills desired.
• Advanced proficiency in Microsoft Office, especially Excel and PowerPoint.

Responsibilities

• Lead complex client engagements and manage service delivery.
• Ensure data accuracy and evaluate group risk benefits.
• Deliver client reports and presentations, advising on capital management strategies.

Skills

Actuarial modeling

Data handling

Interpersonal skills

Communication skills

Relationship-building

Microsoft Excel

Microsoft PowerPoint

Education

Fully qualified Actuary

Job description

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The purpose of this position is to lead accurate and timely financial analysis on various client engagements and actuarial projects.

These projects include actuarial/financial work for medical and group risk life and disability programs, large-scale management consulting in related industries, and new product launches.

A key part of this role is to act as a project manager for actuarial projects.

What’s in it for you?

Join a passionate, driven team.

Enjoy a hybrid working model: in-office 3 days/week, remote 2 days/week. Performance-related bonus scheme.

Benefit from a flexible package: pension contributions, private health insurance, employee assistance, career mobility, network groups, volunteer opportunities, and more.

Your responsibilities include:

• Leading complex client engagements, managing service delivery, strategy, financial evaluations, plan design, renewals, business placement, benchmarking, and related projects in health and life insurance.
• Ensuring data accuracy, validity, and identifying discrepancies.
• Evaluating group risk and income protection benefits, making pricing and cost management recommendations.
• Projecting cashflow scenarios, stochastic simulations, and advising on capital management strategies.
• Delivering client reports and presentations on findings, strategies, and solutions.
• Estimating retiree medical costs, providing valuation, surplus analysis, and risk management strategies.
• Projecting life and disability insurance costs, with similar analyses and strategies.
• Assessing healthcare costs for related industries and providing consulting services.
• Producing thought leadership materials.
• Managing daily client engagements and coaching team members.
• Driving business development and responding to proposals to meet revenue targets.
• Applying project management best practices to meet deadlines and standards.
• Overseeing client report drafting and presentation of findings.
• Monitoring industry trends and developing intellectual capital to enhance services and products.

Requirements:

• Fully qualified Actuary.
• Extensive actuarial modeling experience and data handling skills.
• Strong interpersonal, communication, and relationship-building skills.
• Advanced proficiency in Microsoft Office, especially Excel and PowerPoint.

Preferred qualifications:

• Experience with Group Health & Life Protection products.
• Leadership skills with the ability to manage workloads and client demands.