Actuary - Healthcare

Jobot; Chicago (IL); Remote; USD 150,000 - 200,000; Full time

Job summary

An established industry player is seeking a Healthcare Actuary to lead financial consulting for employer clients. This role involves analyzing data to deliver comprehensive financial insights, managing client teams, and ensuring high-quality deliverables. The ideal candidate will possess strong analytical skills and a professional demeanor, thriving in a fast-paced environment. With a focus on growth opportunities and a collaborative culture, this role offers the chance to make a significant impact in the healthcare sector. Join a team that values work-life balance and professional development in the dynamic insurance brokerage field.

Benefits

Competitive Compensation

Full benefits

Growth Opportunities

Flexible/remote opportunities

Collaborative Culture

Qualifications

• 8-10+ years of experience in health financial consulting.
• Strong analytical skills with the ability to interpret financial data.

Responsibilities

• Lead client teams and manage financial deliverables.
• Conduct financial analysis for employer group health plans.
• Mentor junior associates and ensure high-quality client deliverables.

Skills

Data Analysis

Financial Reporting

Actuarial Science

Consulting Skills

Project Management

Statistical Interpretation

Education

Bachelor's degree in Actuarial Science, Mathematics, or Statistics

ASA or FSA designation

Job description

This range is provided by Jobot. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$150,000.00/yr - $200,000.00/yr

Remote / Healthcare Actuary

This Jobot Job is hosted by Amber Wood.

Salary $150,000 - $200,000 per year

A Bit About Us

Global and privately owned insurance brokerage firm.

Why join us?

• Competitive Compensation
• Full benefits
• Growth Opportunities
• Flexible/remote opportunities offering work-life balance
• Collaborative Culture

Job Details

The Healthcare Actuary leads development, delivery and related consulting on health and welfare financial work for employer clients in Midwest Series. They will leverage and analyze data in collaboration with other financial and client service team members to prepare and deliver comprehensive financial reporting and insights for clients related to their health benefit plans. The ideal candidate will demonstrate a high level of professionalism, possess the ability to work well in a fast-paced environment and the flexibility to easily adapt to changing priorities.

Essential Duties

• Lead actuary on client teams including setting strategy, project management of financial deliverables and peer review/certification of results
• Financial analysis for employer group health plans including ongoing claim reporting, rate setting, contribution development and plan design modeling
• Leverage existing or develop basic and complex models to assist in analysis and illustration of client health plan financial patterns and outcomes. As needed, prepare custom reports and analysis for specific client needs.
• Evaluate benefits utilization and claims data to assist clients in developing cost management and health risk management strategies
• Calculate health plan reserve estimates and provide actuarial certifications
• Participate in client and prospect presentations, leading financial-related discussions
• Assist service teams with development and evaluation of carrier RFPs for all coverage lines, including modeling of network changes and payment alternatives
• Mentor and delegate work to junior associates
• Seek and provide peer review to ensure high-quality client deliverables
• Keep informed of insurance industry developments and products available in the marketplace

Qualifications

• Bachelor's degree required (major in Actuarial Science, Mathematics, Statistics, or related field preferred). ASA or FSA designation required
• 8-10+ years of experience, with a minimum of 4 years post-credential consulting experience in group health benefits at a brokerage/consulting firm or insurance carrier
• Experience leading health financial consulting for employer groups exceeding 5,000+ lives
• Must have the ability to compile, analyze, present, and interpret financial and statistical information to facilitate decision making
• Knowledge of and experience with all aspects of the healthcare marketplace including plan design, pricing, reserving, benchmarking, and financial management/analysis
• Personal presence to interface with senior leadership in client and prospect organizations, representing the company in the highest professional manner
• Organizational and time management skills to prioritize workloads to meet time-sensitive deadlines required. Must be results-oriented with the ability to change priorities as needed
• Excellent verbal, written, and interpersonal skills to