Health Actuary -Analyst III

Mercer; Washington (District of Columbia); Hybrid; USD 74,000 - 147,000; Full time

Benefits offered by this job

Hybrid work

Health benefits

Tuition assistance

401(k) retirement plan

Job summary

Mercer, a global leader in HR consulting, is seeking a Health Actuary - Analyst III located in East Coast offices. The role focuses on health benefits strategy, financial projections, plan design optimization, and renewal negotiations for employer clients.

You will manage client projects, deliver analyses, and present results with senior team members. Ideal candidates have 2–5 years in consulting or insurance, a BA/BS in actuarial fields, and actuarial exams progress, with strong analytical and

Qualifications

• 2-5 years of relevant work experience in consulting, insurance, finance, human resources or accounting.
• BA/BS degree in actuarial science, math, finance, economics or related field.
• Two or more actuarial exams passed preferred.
• Excellent analytical skills – experience in data analysis or financial modeling.

Responsibilities

• Manage client projects focusing on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations.
• Create client deliverables, provide direction to junior analysts, serve as a financial client contact, and present deliverables to clients in partnership with senior members of client teams.

Skills

Data analysis

Financial modeling

Communication skills

Project management

Actuarial exams

Healthcare actuarial

Education

Actuarial science degree

Finance/Economics background

Tools

Excel

SQL

Job description

At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating exciting and rewarding futures for our clients and their employees - whether we’re designing affordable health plans, securing finances for retirement or aligning employees with workforce strategy. Capitalizing on analysis and insights as catalysts for change, we anticipate and understand the impact of business decisions, now and in the future. Our holistic view and deep expertise allow us to see client’s current and future needs through a lens of innovation and impact and every idea and solution we offer.

We are seeking a Health Actuary - Analyst III which can be located in East Coast Mercer offices.

What can you expect?

• The Health & Benefits (H&B) actuarial consulting analyst is responsible for managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations
• The actuarial consulting analyst will create client deliverables, provide direction to junior analysts, serve as a financial client contact, and present deliverables to clients in partnership with senior members of client teams

What’s in it for you?

• We are the global leader in the human resources consulting.
• As part of Mercer, we offer top-notch benefits: multiple medical, dental, and vision plans with choices to fit all needs and budgets - benefits coverage starting Day 1
• In addition, Mercer has other benefits and discounts on products and services, and more!

What you need to have:

• 2-5 years of relevant work experience in consulting, insurance, finance, human resources or accounting
• BA/BS degree in actuarial science, math, finance, economics or related field
• Two or more actuarial exams passed preferred
• Excellent analytical skills – experience in data analysis or financial modeling
• Excellent written and oral communication skills
• Proven project management skills and creative problem-solving abilities

What makes you stand out:

• Work experience in actuarial consulting, especially within healthcare
• One or two exams away from earning ASA designation
• Demonstrated ability to independently manage multiple complex projects simultaneously
• Experience presenting technical concepts to a non-technical audience

Marsh (NYSE: MRSH)

Marsh is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information, visit marsh.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [e-mail].

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.

The applicable base salary range for this role is $73,500 to $147,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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