Actuarial Analyst

Marsh Agency; Raleigh (NC); Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Generous time off

Tuition reimbursement

Hybrid schedule

Charitable match

Stock purchase plan

Job summary

Marsh Agency seeks an Actuarial Analyst to join our Employee Health & Benefits team. You will develop analytical tools, support stakeholders, and influence client strategies using clinical and actuarial data.

You will model medical and pharmacy costs, assess drivers, and communicate financial impacts of network changes using our pricing models. Occasional travel within the Mid-Atlantic region may be required.

Qualifications

• Bachelor’s degree in mathematics, statistics, economics, or a related field.
• 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.

Responsibilities

• Develop and support analytical tools for internal and client stakeholders.
• Model and analyze medical and pharmacy costs and drivers.
• Collaborate with advisors to propose strategies based on data.
• Model financial impact of network changes using pricing models.
• Occasional travel in the Mid-Atlantic region.

Skills

Analytical skills

Actuarial exam

Writing and editing

Communication

Attention to detail

Self-motivated

Initiative

Excel

Office suite

Data management

Education

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

Tools

Excel

Word

PowerPoint

Database tools

Job description

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 Marsh Agency.

Marsh Agency helps people and organizations manage risk and prepare for the future through insurance, benefits, retirement, and wealth management strategies. We believe in hands-on proactive service, data-driven insights, and understanding how global events can impact local decisions. As a trusted partner, we show our clients what’s possible and guide them during every step of their journey.

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 (minimum 3 days per week in office)
• Charitable contribution match programs
• Stock purchase opportunities

To learn more about careers at Marsh Agency, check us out our website or flip through our 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 is committed to providing an inclusive work environment. We aim to attract and retain the best, most qualified people and value colleagues of all backgrounds, without regard to 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.

Marsh and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

If you require an accommodation during the application or interview process, please let us know by contacting [e-mail].

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