Actuarial Analyst

MMC; Raleigh (NC); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Hybrid work

Generous time off

Tuition reimbursement

Stock purchase plan

Charitable matching

Job summary

Marsh McLennan Agency is seeking an Actuarial Analyst to join the Employee Health & Benefits team. You will develop analytical tools, analyze medical and pharmacy cost drivers, and support clients with actuarial insights.

The role involves modeling financial impacts of network changes, collaboration with benefit advisors, and occasional travel in the Mid-Atlantic region. A strong mathematical background and actuarial exam progress are preferred.

Qualifications

• Bachelors in math/stats/economics or related field required.
• Strong analytical skills demonstrated through coursework and experience.
• Completion of at least one actuarial exam is strongly preferred.
• Energetic, self-motivated and committed; follows through on projects.
• Effective communication, writing and editing with attention to detail.

Responsibilities

• Analyze and model clients' medical and pharmacy costs and drivers.
• Develop analytical tools and provide support to stakeholders.
• Collaborate with clinical and benefit advisors on pricing models.
• Model financial impact of network changes using internal tools.
• Travel occasionally within the Mid-Atlantic region as needed.

Skills

Analytical skills

Communication skills

Self-motivated

Detail-oriented

Independent work

Education

Bachelor's degree in mathematics, statistics, economics, or related field

Actuarial exam (at least one)

Tools

Excel

Word

PowerPoint

Data management tools

Database tools

Job description

Actuarial Analyst

Our not-so-secret sauce.Award-winning, inclusive, Top Workplace culture doesn't happen overnight. It's a result of hard work by extraordinary people. The industry's brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as an Actuarial Analyst at MMA.MMA provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With offices across North America, we combine the personalized service model of a local consultant with the global resources of the world's leading professional services firm, Marsh (NYSE: MRSH).

A day in the life.

As our Actuarial Analyst on the Employee Health & Benefits team, you'll be responsible for analytical tool development and support to a variety of stakeholders, both internally and externally with our clients. You will work with a team of clinical and benefit advisors to develop strategic approaches for our clients based on clinical and actuarial data. This position will be integral in all aspects of analysis and modeling of clients' medical and pharmacy costs and their drivers. In addition, this position will be heavily involved in modeling and communicating the financial impact of changing medical and/or pharmacy networks with our locally developed pricing models that support Marsh McLennan Agency nationally. You may also have occasional travel throughout the Mid-Atlantic region, as needed.

Our future colleague.

We'd love to meet you if your professional track record includes these skills:

• Bachelor's degree in mathematics, statistics, economics, or a related field required.
• Strong analytical skills demonstrated through coursework and experience.
• Completion of at least one actuarial exam is strongly preferred.
• Energetic, self-motivated, and committed; consistently shows initiative and follows through on projects to meet deadlines while working independently.
• Effective communication, persuasion, writing, and editing skills with attention to detail; reviews and revises work as needed.
• Proficient in computer applications, including Excel, Word, and PowerPoint, as well as data management and database tools; skilled in using the Internet for business research and communication.
• Identifies and implements new processes to enhance company efficiency and effectiveness.
• Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future.

These additional qualifications are a plus, but not required to apply:

• Current Life & Health licensure or ability to obtain within 90 days of employment
• Prior broker experience

We know there are excellent candidates who might not check all of these boxes. Don't be shy. If you're close, we'd be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside of work. Our culture promotes colleague well-being through robust benefits programs and resources, professional and personal development opportunities, and fulfillment through meaningful work.

Some benefits included in this role are:

• Generous time off, including personal and volunteering
• Tuition reimbursement and professional development opportunities
• Hybrid work, minimum of 3 days in local office
• Charitable contribution match programs
• Stock purchase opportunities

To learn more about a career at MMA, check us out our website or flip through recruiting brochure.

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Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [e-mail]#MMAEHB#MMAMID#LI-Hybrid