Actuarial Manager - Government Healthcare

Marsh; Minneapolis (MN); Hybrid; USD 117,000 - 235,000; Full time

Benefits offered by this job

Hybrid work model

Tuition assistance

401K savings and retirement programs

Job summary

Marsh’s Government Human Services Consulting team in Minneapolis, MN, is seeking a Government Healthcare Actuarial Manager to lead client engagements, oversee service delivery, and drive meaningful Medicaid program design and pricing analyses.

You will mentor junior staff, review reports and presentations, and identify growth opportunities while maintaining actuarial rigor and delivering results under tight deadlines in a collaborative, inclusive environment.

Qualifications

• BA/BS degree.
• 10+ years health actuarial experience, with 3+ years of Medicaid leadership actuarial experience.
• Actuarial credentials (ASA, FSA, or MAAA).
• Ability to handle client and project management in a demanding work environment with tight deadlines.

Responsibilities

• Lead routine client engagements, managing overall service delivery and strategy, financial evaluations, plan design, and more.
• Draft and review client reports and presentations to summarize findings and implications, and recommend strategies and solutions to the client.
• Perform and review complex analyses and cost projects by using or modifying existing tools and pricing models, and review analyses conducted by junior staff to ensure actuarial soundness and correct use of models.
• Handle day-to-day client contact and management, resolving any project-related questions and challenges, and guide junior staff members in client interactions.
• Assist senior team members in the development of the business by identifying potential areas of growth in existing projects, and provide assistance in responding to requests for information or proposals.

Skills

Actuarial experience

Leadership

Client management

Deadline-driven

Education

BS Degree

Job description

Government Healthcare Actuarial Manager

We are seeking a talented individual to join our Government Human Services Consulting team at Marsh, People and Investments.

Marsh's People and Investments, Government Human Services Consulting (GHSC) practice has touched more than 60 million lives since our inception in 1985, working with state Medicaid agencies to transform Medicaid programs to better serve our most vulnerable communities. Our nearly 500 specialists provide comprehensive services including actuarial and financial, clinical and behavioral health, pharmacy, policy, and more.

We will count on you to:

• Lead routine client engagements, managing overall service delivery and strategy, financial evaluations, plan design, and more
• Draft and review client reports and presentations to summarize findings and implications, and recommend strategies and solutions to the client
• Perform and review complex analyses and cost projects by using or modifying existing tools and pricing models, and review analyses conducted by junior staff to ensure actuarial soundness and correct use of models
• Handle day-to-day client contact and management, resolving any project-related questions and challenges, and guide junior staff members in client interactions
• Assist senior team members in the development of the business by identifying potential areas of growth in existing projects, and provide assistance in responding to requests for information or proposals

What you need to have:

• BA/BS degree
• 10+ years health actuarial experience, with 3+ years of Medicaid leadership actuarial experience
• Actuarial credentials (ASA, FSA, or MAAA)
• Ability to handle client and project management in a demanding work environment with tight deadlines

What makes you stand out?

• Medicaid actuarial experience spanning multiple states, programs, health insurers, or Federal agencies and actuarial consulting experience
• Experience leading large teams and/or large, complex projects
• Experience related to health plan analysis or capitated rate development

Why join our team:

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh 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].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

The applicable base salary range for this role is $117,000 to $234,500.

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.

R_365686