Actuarial Principal - Business Development (Health)

Oliver James Associates Ltd.; Chicago (IL); Remote; USD 200,000 - 275,000; Full time

Job summary

An established industry player is seeking an Actuarial Principal specializing in Business Development within the health sector. This remote position offers a unique opportunity to collaborate with seasoned leaders and senior consultants, driving client solutions for major insurance carriers and healthcare systems. You will spearhead business development initiatives, manage client relationships, and oversee project execution, all while contributing to strategic analyses and product innovations. If you thrive in a dynamic environment and possess a strong actuarial background, this role could be your next career milestone.

Qualifications

• 8+ years of actuarial experience with FSA designation.
• Strong background in advisory or consulting roles.

Responsibilities

• Lead business development efforts and manage client relationships.
• Conduct peer reviews and oversee project delivery.

Skills

Fellow of the Society of Actuaries (FSA)

Business Development

Client Relationship Management

Analytical Thinking

Communication Skills

Project Management

Leadership

Organizational Skills

Problem-Solving

Job description

Title: Actuarial Principal - Business Development (Health)

Location: Remote

Type: FTE

Salary: $200,000-$275,000

**Only those who do not require any current or future sponsorship can be considered, no 3rd parties**

As a Principal, you will collaborate closely with seasoned leaders and senior consultants from a globally recognized strategy and analytics firm while contributing to a wide array of client solutions. This role offers high levels of interaction and visibility with clients, including leading insurance carriers and integrated healthcare systems. You'll take charge of business development efforts, lead execution teams, manage client relationships, oversee project delivery, and conduct peer reviews.

Potential projects may include:

• Pricing & Bid Strategy: Guide product pricing initiatives, from strategic product positioning and benefit design through actuarial assumption development, certification, and submission, including post-submission support.

• Market Feasibility & Entry Analysis: Help clients evaluate opportunities for new product launches or market expansions, including development of pro forma financials, risk assessments, and identification of key drivers needed for success.

• Experience Analyses: Lead in-depth assessments of business performance to uncover underlying cost and utilization drivers and recommend strategic adjustments.

• Product Design & Market Positioning: Support clients in competitive benchmarking, product innovation, and pricing strategies to enhance market positioning and profitability.

• Strategic Collaboration: Partner with cross-functional consulting teams on broader strategy engagements across the healthcare and insurance ecosystem.

Required Experience & Skills:

• Designation as a Fellow of the Society of Actuaries (FSA) with 8+ years of professional actuarial experience

• Prior background in advisory or consulting roles, with client-facing responsibilities

• Proven ability to generate business opportunities-building relationships, securing engagements, and expanding existing client partnerships

• Exceptional verbal and written communication abilities

• Strong organizational habits and adeptness in managing multiple priorities and deadlines

• Self-directed with experience guiding junior team members across client development, project execution, and thought leadership initiatives

• Effective leadership in team-oriented environments with an emphasis on collaboration

• Advanced analytical thinking and a structured approach to complex problem-solving

• Comfortable translating data-driven insights into actionable strategies for senior stakeholders

• Energetic, adaptable, and eager to contribute in a fast-moving and evolving setting

To be considered for the role please apply online or email an updated Resume to Brandon Cook at Oliver James - [e-mail]