Health Actuarial Senior Consultant

001 Brown & Brown, Inc; Minneapolis (MN); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

Health Benefits

401k

Student Loan Assistance

Tuition Reimbursement

Mental Health & Wellness

Paid Time Off

Job summary

Brown & Brown is seeking a Health Actuarial Senior Consultant to join our growing team in Minneapolis, MN. You will assist Benefit Consultants by delivering financial analysis, cost projections, plan design modeling, and monthly reports for employee benefit clients.

In this client-facing role, you will present data-driven insights, conduct demographic and claims analyses, and support the Sales team with prospective proposals and final presentations.

Qualifications

• 5+ years of employee benefits financial experience.
• Bachelor’s Degree in Accounting/Finance/Business/Economics.
• Active Life/Accident and Health Insurance Agent License – or must obtain within a year of employment.
• Strong MS Excel skills and financial modeling ability.
• Excellent verbal and written communication; maintains confidentiality.

Responsibilities

• Assist Benefits Consultants with financial projections and utilization analyses.
• Develop and present financial deliverables for current clients.
• Support demographic, claims, and IBNR analyses for prospective and existing clients.
• Coordinate with Sales on client finalist presentations.

Skills

Excel

Financial analysis

Client presentations

Confidentiality

Education

Bachelor’s Degree in Accounting/Finance/Business/Economics

Life/Health Insurance Agent License

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Brown & Brown is seeking a Health Actuarial Senior Consultant to join our growing team! The Health Actuarial Senior Consultant assists Benefit Consultants in servicing the financial consulting needs of the employee benefit clients. Utilizes technical knowledge to retain clients by providing financial expertise. Role includes evaluating financial and utilization metrics for clients including but not limited to cost projections, plan design modeling and monthly financial reports as well as assisting with other ad-hoc reports and analysis. This is a client-facing role that will include some involvement in presentations at client functions and meetings.

How You Will Contribute

Proficient to expert level financial/underwriting, renewal and marketing, as well as reporting, including but not limited to financial projections, large claim analysis, specific stop loss analysis, demographics analysis, IBNR, etc. Work with team to develop and present financial deliverables that address current and future client needs and requests. Assist in development, review, and presentation of data analytics. Participate in prospective client finalist presentations to represent the Brown & Brown financial strategy and role expectation as part of the team. This may include performing demographic analysis, claims reviews, and other projects on prospective clients to assist Sales team in pursuit of prospect. Oversight of Financial Analysts monthly financial reports/client exhibits and large claim detail as needed. Maintains proficient/expert knowledge of compliance and regulations in the benefits arena. Performs miscellaneous duties and projects.

Skills & Experience to Be Successful

Bachelor’s Degree in Accounting/Finance/Business/Economics ASA and 5+ years of employee benefits financial experience 5+ years employee benefits financial experience required Active Life/Accident and Health Insurance Agent License – or must obtain within a year of employment This is a client-facing role that will include some involvement in presentations at client functions and meetings. Proficient with MS Office Suite Microsoft Excel – Strong to expert level skills Strong analytical and critical thinking ability Ability to maintain a high level of confidentiality Excellent verbal and written communication skills Ability to work independently and exercise judgement Detail oriented with excellent organizational skills Demonstrates a sense of urgency and a proactive approach to meeting client financial requirements #LI-KM1

Pay Range

$100,000 - $150,000 Annual The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• 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
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself 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”. We think of ourselves as a team, so we have teammates - not employees. We strive to attract people who are competitive, driven, and disciplined.

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers. Founded in 1939 as a small, two-partner firm, Brown & Brown (NYSE: BRO) and our team of companies have grown into one of the world’s largest insurance brokerages while staying true to our foundation of trust, resilience, and delivering results. With a team that is as connected locally as it is globally, our high-performing, highly collaborative team delivers innovative risk and insurance solutions. We look for individuals who embrace our culture, thrive in a collaborative environment, are driven to grow and succeed, and are committed to always doing what is right. With a unique culture built on integrity, superior capabilities and grit, we value teamwork, trust and courage. We think of ourselves as a team, so we have teammates—not employees, and leaders—not managers. Everything we do is about the greater “WE”—never “me.”While diverse in abilities and experience, we are all connected through our core values, a commitment to our local communities and a shared mission—always doing what is best for our customers.

Brown & Brown and its affiliates maintain an internal recruiting team responsible for filling open roles posted to the public. In certain situations, Brown & Brown may supplement its internal capabilities by engaging external recruiting vendors and employment agencies ("Recruiting Vendors"). Recruiting Vendors are not authorized to submit resumes, share candidate data, or directly or indirectly contact Brown & Brown employees to present candidates for employment opportunities. The only exception applies to Recruiting Vendors with an active Valid Agreement (as defined below) that has been approved by Brown & Brown. In accordance with this policy, and to ensure appropriate authorization for sharing candidate personal information, Brown & Brown will not accept unsolicited resumes from any source other than Authorized Recruiting Vendors with a Valid Agreement in place who have been expressly invited to support a specific role. Any unsolicited resumes, incomplete submissions, or candidate data received through any means (including email or otherwise) will be considered the property of Brown & Brown. Brown & Brown will not pay any placement or related fees for unsolicited submissions or candidate data provided in violation of this policy. Such submissions may be used by Brown & Brown without any obligation to pay fees of any kind to Recruiting Vendors. A Valid Agreement is defined as a written contract signed by an authorized representative of Brown & Brown. In the absence of a Valid Agreement, Brown & Brown assumes no liability under any legal theory, including but not limited to breach of contract, breach of implied contract, tortious interference, quantum meruit, any/or any other contractual or equitable claims in connection with candidates identified through unsolicited submissions made in violation of this policy.