Health Actuary Lead

RSM US LLP; Chicago (IL); Remote; USD 129,000 - 260,000; Full time

Job summary

An established industry player is seeking a Consulting Actuary to join their dynamic team. This role offers the chance to work on regulatory consulting and insurance engagements, providing leadership and mentorship to junior staff. The ideal candidate will have extensive experience in the health insurance sector, with a strong understanding of actuarial concepts and a proven track record in business development. You'll thrive in a supportive environment that values diversity and inclusion while contributing to impactful projects that shape the future of the industry.

Benefits

Flexible Schedules

Competitive Benefits Package

Commitment to Diversity and Inclusion

Professional Development Opportunities

Qualifications

• 10-15+ years of professional experience in actuarial roles.
• Strong understanding of health insurance products and regulations.

Responsibilities

• Serve as the health actuarial subject matter expert on client engagements.
• Lead key client engagements and oversee actuarial analysis.
• Train and mentor junior staff, contributing to business development.

Skills

Actuarial Science

Financial Modeling

Risk Management

Business Development

Leadership Skills

Problem-Solving

Communication Skills

Education

Bachelor's Degree in Mathematics

MBA

Professional Certifications (ASA, FSA, MAAA)

Job description

We are the leading provider of professional services to the middle market globally. Our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our culture, talent experience, and our ability to be compelling to our clients. You'll find an environment that inspires and empowers you to thrive both personally and professionally. There's no one like you, and that's why there's nowhere like RSM.

Consulting Actuary- Health

Risk & Regulatory Consulting, LLC

Work from home - any US location

Position Overview

As a Consulting Actuary, you will work with a team of industry professionals on regulatory consulting and other insurance industry engagements. This is a leadership role with opportunities for advancement, personal, and professional growth.

Specific Duties and Responsibilities

1. Serve as the health actuarial subject matter expert on client engagements related to financial exams, rate filing reviews, special studies, and research projects.
2. Lead key client engagements, prepare original actuarial analysis, oversee internal resources, advise project teams, and ensure project goals are met within budget and timelines.
3. Train and mentor junior staff and lead health actuarial recruiting efforts.
4. Partner with other firm resources on cross-disciplinary projects, ensuring high-quality work.
5. Support business development by creating new opportunities, nurturing client relationships, and assisting in proposal formulation.
6. Contribute to the intellectual capital of the practice and firm.

Requirements

• Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics; MBA and/or professional certifications required.
• 10-15+ years of professional experience, preferably with experience in a state insurance department, health insurance company, or consulting firm.
• ASA or FSA, MAAA designations required.
• Experience with ACA and Medicare Supplement products required.
• Experience with Medicaid and other health products preferred.
• Proven business development skills preferred.
• Strong understanding of actuarial concepts including health rating, reserving, underwriting, financial modeling, risk management, pricing, and reinsurance.
• Excellent problem-solving, communication, and leadership skills.
• Ability to interact effectively with all levels of stakeholders.
• Self-motivated with a sense of urgency and ethical standards.

Risk & Regulatory Consulting, LLC (RRC) is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients, with over 120 experienced insurance professionals across 22 states. We offer services in financial examinations, market conduct examinations, insolvency, actuarial services, investment analysis, reinsurance, market analysis, and compliance. We are committed to training our team and clients and participate actively in industry organizations like NAIC, SOFE, and IRES.

We offer a competitive benefits and compensation package, flexible schedules, and a commitment to diversity and inclusion. Learn more at https://rsmus.com/careers/working-at-rsm/benefits.

We are an equal opportunity employer, and accommodations are available for applicants with disabilities. For more information, contact us at 800-274-3978 or [e-mail].

Pay range: $129,300 - $259,600. Selected candidates will be eligible for a discretionary bonus based on performance.