Sr. Health Actuary Consultant

Marsh; Dallas (TX); Hybrid; USD 94,000 - 145,000; Full time

Job summary

Mercer seeks a Sr Health Actuarial Consultant to lead client engagements on health benefits strategies, including financial projections, plan design optimization, and renewal negotiations. This is a hybrid role with in-office work at least three days per week.

You will serve as a primary financial contact for clients and guide analysts, review junior work for actuarial soundness, and drive data-driven recommendations using Excel, SAS, R, and Python.

Qualifications

• BA/BS in actuarial science, math, statistics, finance, economics, or related field.
• Minimum 4 years in actuarial with health/benefits consulting experience.
• Pursuing ASA designation.
• Client-facing experience.
• Strong MS Office skills: Word, Excel, PowerPoint.

Responsibilities

• Lead routine client engagements, managing service delivery, strategy, financial evaluations, plan design and renewals.
• Review data analyses by junior staff for actuarial soundness and development.
• Utilize Excel, SAS, and other tools for cost projections and analyses.
• Draft and review client reports or presentations to summarize findings and recommendations.
• Provide direction to analysts and associates on projects.

Skills

Client facing experience

Analytical skills

Health benefits actuarial consulting

ASA credentialed

R and Python programming

Education

Actuarial or related degree

Tools

Excel

SAS

R

Python

PowerPoint

Word

Job description

We are seeking a talented individual to join our Health Actuarial and Financial Consulting team at Mercer. This is a hybrid role that has a requirement of working at least three days a week in the office.

As a Sr Health Actuarial Consultant, you will lead client engagements focused on employers’ health benefits strategies, including financial projections, plan design optimization, and renewal negotiations. You will also serve as a primary financial contact for clients while providing direction to analysts and associates.

• Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other projects associated with underwriting health and welfare insurance.
• Review data analyses conducted by junior staff to ensure actuarial soundness and assist in their development.
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools.
• Perform and review complex analyses and cost projections using Excel, SAS, and other software, with potential specialization in certain areas of healthcare-related insurance.
• Draft and review client reports or presentations to summarize findings and recommend strategies or solutions.

What you need to have:

• BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
• Minimum 4 years’ experience working in an actuarial field, with health and benefits consulting experience
• Proven progress to obtaining your ASA designation
• Client facing experience
• Strong analytical skills and working knowledge of Microsoft Office—Word, Excel, and PowerPoint.

What makes you stand out:

• Experience in health benefits actuarial consulting.
• Strong programming skills in R and Python, with experience in writing reusable code for data manipulation, actuarial or financial modeling, and process automation, applied effectively in project or production environments.
• ASA credentialed

Why join our team:

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Applications will be accepted through Aug 31.

Mercer is a business of Marsh (NYSE: MRSH), 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 about Mercer, visit mercer.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 $93,500 to $145,000.

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.

R_357976