Consulting Analyst, Actuarial

3M HEALTHCARE; Framingham (MA); On-site; USD 75,000 - 90,000; Full time

Benefits offered by this job

Health benefits

401(k)

Employee stock purchase plan (ESPP)

Student loan assistance

Tuition reimbursement

Mental health services

Paid time off

Job summary

3M HEALTHCARE is seeking a Consulting Analyst, Actuarial, to join a team delivering employee benefits consulting services and client account management in Framingham. You will support surveys, benchmarking, and research to strengthen client work products.

The ideal candidate holds a Bachelor's degree, has started actuarial exams, and demonstrates strong communication and organizational skills, with MS Office proficiency. 90-day life/health licensing may be required.

Qualifications

• Bachelor's degree required.
• Experience in employee benefits consulting preferred.
• Has completed one actuarial exam and is pursuing ASA.
• Excellent communication, interpersonal and organizational skills.
• Proficient with MS Office.

Responsibilities

• Provide technical support for projects and client engagements.
• Perform data & financial analytics, including monthly financial reports and initial budget underwriting for less complex clients; seek peer review.
• Coordinate RFPs, implementations, and renewals; develop and present results comparisons for clients.
• Review internal compliance and client disclosure requirements and plan documents for alignment with regulations and vendor documentation.
• Participate in client calls and meetings; document notes and follow-ups.
• Remain current on industry trends, product development, legislation, coverages and technology.
• Provide excellent customer service to all clients.
• Promote teamwork and a positive office culture.

Skills

Communication

Interpersonal skills

Organizational skills

Analytical thinking

MS Office

Education

Bachelor's degree

Tools

MS Office suite

Job description

Summary

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. The Consulting Analyst, Actuarial, will work within a team to provide employee benefits consulting services and perform daily account service for all assigned clients. Supports the development of the firm’s work products that benefit all clients, including the production of surveys and research on employee benefit topics and benchmarking.

Responsibilities

• Provide technical support for projects and client engagements.
• Perform data & financial analytics, including the ownership of monthly financial reports and initial budget underwriting for less complex clients; seek and document peer review on all work.
• Coordinate the activities of RFPs, implementations, and renewals; develop and present results comparisons for presentation to clients.
• Assist in the review of internal compliance and client disclosure requirements, summary plan documents, and employee communications to ensure alignment with client expectations, legal requirements, and documentation with clients’ vendors where appropriate.
• Participate in client calls and meetings as appropriate and ensures documentation of call notes and follow-ups.
• Remain current on industry trends and information, new product development, legislation, coverages, and technology.
• Provide excellent customer service to all clients.
• Promote teamwork, support, and a positive attitude in the office and with other teammates.

Competencies

• Learning Agility – Demonstrates curiosity and seeks to understand client issues and our approach to solving them. Asks thoughtful questions and applies feedback.
• Organization & Execution – Plans and manages time effectively, follows through on tasks, and delivers high-quality work on deadline.
• Communication – Writes and speaks clearly. Adapts communication for the audience. Listens actively and responds appropriately.
• Team Collaboration – Contributes positively to team culture. Open to others’ ideas. Engages in a respectful and inclusive way.
• Proactive Mindset – Takes initiative in small ways—asks to help, anticipates team needs, and flags issues early.
• Adaptability – Embraces change and adjusts priorities or work style as needed.

Qualifications

• Bachelor's degree.
• Industry experience, ideally in employee benefits consulting.
• Has successfully completed one actuarial exam and is pursuing ASA designation.
• Excellent communication, interpersonal, and organizational skills.
• Ability to prioritize and manage multiple tasks in a demanding work environment.
• Proficient with MS Office, including Excel, Word, and PowerPoint.
• Life and Health license in good standing, required within 90 days of hire.

Physical Requirements

• Manual dexterity, arm, and upper body range of motion sufficient for use of a keyboard, mouse, and telephone 7‑8 hours per day.
• Speech and hearing sufficient for in‑person and telephone communication 7‑8 hours.
• Vision sufficient for use of a computer monitor.
• Ability to sit at a desk 7‑8 hours per day.
• Reliable transportation to and from work.

Pay Range

$75,000‑$90,000 Annual.

Teammate Benefits & Total Well-Being

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance.
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement.
• Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services.
• Paid Time Off, Holidays, Preferred Partner Discounts and more (subject to enrollment waiting periods or eligibility criteria).

Equal Opportunity Employer

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.

This job description is not meant to be an all-inclusive statement of the duties of the position listed above. Other appropriate duties may be required from time to time.