Actuary - Healthcare

Jobot; Philadelphia (Philadelphia County); Remote; USD 150,000 - 200,000; Full time

Job summary

Join a global insurance brokerage firm as a Healthcare Actuary, where your expertise will lead the development and delivery of financial insights for health benefit plans. This role offers the opportunity to work in a collaborative culture, leveraging your analytical skills to assist clients in managing their health risks and costs effectively. With competitive compensation and full benefits, you will thrive in a flexible environment that promotes work-life balance. If you're ready to make an impact in the healthcare sector, this position is perfect for you.

Benefits

Competitive Compensation

Full benefits

Growth Opportunities

Flexible/remote opportunities

Collaborative Culture

Qualifications

• 8-10+ years of experience in health benefits consulting required.
• Bachelor's degree in Actuarial Science or related field preferred.

Responsibilities

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

Skills

Financial Analysis

Statistical Analysis

Project Management

Data Analysis

Client Presentation

Education

Bachelor's degree in Actuarial Science

ASA or FSA designation

Tools

Actuarial Software

Statistical Software

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

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 the 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