People Consulting - HR Actuarial Services - Health and Welfare Services - Manager

EY; Cleveland (OH); On-site; USD 140,000 - 240,000; Full time

Benefits offered by this job

Medical and dental coverage

401(k) and retirement plans

Paid time off

Job summary

EY is seeking an experienced Health & Welfare actuary to join the People Consulting practice in a Services Manager capacity. You will lead actuarial analyses, design funding strategies, and coach junior staff while coordinating with cross‑functional teams to deliver high‑impact client work.

The role offers diverse projects, opportunities for professional growth, and a collaborative, inclusive culture across EY’s US network.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, or Statistics.
• Five to ten years of work experience.
• Actuarial certification (ASA, FSA, or EA).
• Flexibility and willingness to travel as well as work in excess of standard hours when necessary.
• Proficiency with more advanced features in Excel, Word, and PowerPoint.
• Experience leading and reviewing health and welfare actuarial analyses, including pricing, forecasting, and cost analyses.

Responsibilities

• Lead and review actuarial and financial analyses for health and welfare programs, including plan pricing, cost projections, budget and premium rate development, employee contribution modeling, claims experience analyses and IBNR reserve calculations.
• Review the work of junior professionals, provide technical coaching and prepare or review actuarial reports, client deliverables and memoranda supporting employee benefit plan audits.
• Advise clients on H&W plan strategy, design and cost management, including funding arrangements, medical and pharmacy trend, cost sharing, benchmarking and design.”
• Contribute to business development and client pursuit activities by preparing proposals and delivering presentations for potential and existing clients.
• Support health and welfare vendor strategy, including carrier and administrator assessments, RFP processes, financial evaluations, implementation planning and ongoing vendor performance reviews.
• Lead H&W workstreams for transactions, including pre-close due diligence, cost and liability assessments, Day 1 readiness, post-merger integration, benefit harmonization and employee impact analyses.
• Support compliance and actuarial analyses related to applicable health and welfare requirements (ACA, COBRA, ERISA, HIPAA, Medicare Part D, etc.).
• Contribute to client satisfaction by providing timely and effective responses to client needs and concerns.
• Encourage collaboration among team members and promote an inclusive working environment.

Skills

Time management

Analytical thinking

Communication skills

Leadership

Education

Bachelor's degree in Actuarial Science, Mathematics, or Statistics

Actuarial certification (ASA, FSA, or EA)

Tools

Excel

Word

PowerPoint

Job description

Location: Dallas, Cleveland, Houston, Salt Lake City, and Washington

At EY, we’re all in to shape your future with confidence.

We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world.

Here at EY, you’ll have the chance to build a truly exceptional experience. We’ll empower you with the latest technology, surround you with high-performing teams, and provide the global scale and diverse and inclusive culture you need to discover your full potential. Through our coaching and training programs, you’ll develop the skillsets you need to stay relevant today and in the future – all while building a network of colleagues, mentors, and leaders who will be on the journey with you at EY and beyond.

The opportunity

As a member of our People Consulting (PC) Health and Welfare (H&W) actuarial team, you'll be part of a dedicated group of professionals serving a diverse range of US and global clients. Our team is known for its technical acumen and deep service delivery experience, which sets EY apart in the industry. When you join as a PC Services Manager, you play a crucial role in our mission to create a better working world. You'll apply your knowledge and skills to help clients achieve their business goals, while also growing professionally and enjoying the rewards of delivering high-quality, impactful work.

Your key responsibilities

• Lead and review actuarial and financial analyses for health and welfare programs, including plan pricing, cost projections, budget and premium rate development, employee contribution modeling, claims experience analyses and incurred-but-not-reported (IBNR) reserve calculations
• Review the work of junior professionals, provide technical coaching and prepare or review actuarial reports, client deliverables and specialist memoranda supporting employee benefit plan audits
• Advise clients on H&W plan strategy, design and cost management, including funding arrangements, medical and pharmacy trend, cost sharing, benchmarking and the financial impact of alternative plan designs
• Contribute to business development and client pursuit activities by preparing proposals and delivering presentations for potential and existing clients
• Support health and welfare vendor strategy, including carrier and administrator assessments, request-for-proposal processes, financial evaluations, implementation planning and ongoing vendor performance reviews
• Lead H&W workstreams for transactions, including pre-close due diligence, cost and liability assessments, Day 1 readiness, post-merger integration, benefit harmonization and employee impact analyses
• Support compliance and actuarial analyses related to applicable health and welfare requirements, which may include the Affordable Care Act, COBRA, ERISA, HIPAA, Medicare Part D creditable coverage and Retiree Drug Subsidy attestations
• Contribute to client satisfaction by providing timely and effective responses to client needs and concerns
• Encourage and facilitate collaboration amongst team members, and promote an inclusive working environment

Skills and attributes for success

Some key capabilities you should be prepared to bring to your projects include:

• Proficient in planning and execution across multiple high-priority projects
• Instills a culture of accountability and exceptional time management within the team
• Excellent analytical, problem-solving, research and communication skills
• Coordinates client relationship strategies and guides the team in understanding and managing client expectations

To qualify for the role, you must have:

• A bachelor's degree with a concentration in Actuarial Science, Mathematics, or Statistics
• Five to ten years of work experience
• An actuarial certification (Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA) or Enrolled Actuary (EA))
• Flexibility and willingness to travel as well as work in excess of standard hours when necessary
• Proficiency with more advanced features in Excel, Word, and PowerPoint
• Demonstrated experience leading and reviewing health and welfare actuarial analyses, including several of the following:
• Medical, prescription drug, dental and other welfare plan pricing, forecasting and cost analysis
• Claims experience, trend and utilization analyses; budget and premium rate development; employee contribution modeling; and IBNR reserve calculations
• H&W plan design, benchmarking, funding strategy, cost management and vendor selection or management
• Transaction due diligence, Day 1 readiness, post-merger integration, benefit harmonization or international benefits coordination
• Retiree medical and other postemployment benefit valuations and accounting analyses under ASC 715, including experience with audit support, is preferred

What we look for

We are looking for an H&W actuary driven by the prospect of diverse and impactful work. This role is unique due to the wide range of opportunities it presents. You'll lead actuarial and financial analyses across active and retiree health programs, help employers evaluate plan design and funding strategies, support benefits transactions and integrations, and collaborate with colleagues across People Consulting, Assurance, Strategy and Transactions, and Tax. The successful candidate will combine strong actuarial judgment with practical consulting skills, communicate complex findings clearly and develop trusted relationships with clients and team members.

What we offer you

At EY, we harness our collective strength to empower you to shape your future with confidence through professional growth, personal fulfillment and an inclusive culture. Learn more at ey.com/us/careers.

• The salary range for this job is:
  • New York City, Boston, and Washington DC Metro Areas, Washington State, and Southern California offices – $151,200 to $252,100
  • Bay Area California offices – $157,600 to $262,600
  • All other offices locations in the US, including Sacramento – $125,900 to $231,100
• Individual salaries within these ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options.

EY | Building a better working world

EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets.

Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow.

EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories.

All in to shape the future with confidence.

EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law.

EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at [e-mail].