Sr. Lead Health Actuary Consultant

Mercer; Boston (MA); Hybrid; USD 117,000 - 175,000; Full time

Job summary

Mercer seeks an experienced Senior Lead Health Actuarial Consultant to join our Actuarial and Financial Consulting teams. This hybrid role requires at least three days in the office and can be located at any Mercer US office.

You will lead client engagements on health benefits planning, design, renewals, and financial projections, mentor analysts, and contribute to business development and intellectual capital in a fast‑paced environment that embraces AI and technology.

Qualifications

• BA/BS in actuarial science or related field.
• 10+ years in actuarial field with health/benefits consulting.
• ASA designation in progress or achieved.
• Client-facing experience.
• Strong MS Office skills (Word, Excel, PowerPoint).

Responsibilities

• Lead routine client engagements, managing service delivery, strategy, financial evaluations, plan design, renewals, benchmarking and related projects.
• Review data analyses by junior staff to ensure actuarial accuracy and coaching.
• Perform and review complex analyses and cost projections using Excel, SAS and other tools.
• Draft and review client reports and presentations to summarize findings and propose solutions.
• Guide junior team members in client management and project execution.
• Assist senior team members in business development and responses to proposals.
• Contribute to development of intellectual capital and expand knowledge of health insurance actuarial services.

Skills

Actuarial expertise

Client leadership

Analytical skills

Team mentoring

Education

BA/BS in actuarial science or related field

Tools

Excel

SAS

PowerPoint

Job description

We are seeking an experience Health Actuary to join our Actuarial and Financial Consulting teams at Mercer. This hybrid role (minimum of 3 days in the office) can be located an any of our office locations across the United States.

As a Senior Lead Health Actuarial Consultant, you will manage client projects 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.

We will count on you to:

• Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewals, business placement, benchmarking, and other projects related to underwriting health and welfare insurance.
• Review data analyses conducted by junior staff to ensure actuarial accuracy, proper use of models, and support their professional development.
• Perform and review complex analyses and cost projections using tools like Excel, SAS, and other software, with potential specialization in healthcare-related insurance areas.
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools.
• Draft and review client reports and presentations to summarize findings, recommend strategies, and propose solutions or plan designs.
• Handle day-to-day client interactions, resolve project-related questions, and guide junior team members in client management.
• Assist senior team members in business development efforts by identifying growth opportunities and supporting responses to proposals.
• Contribute to the development of intellectual capital and expand knowledge of health insurance actuarial services and products.

What you need to have:

• BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
• Minimum 10+ 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.
• 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.

Application will posted through September 11.

The applicable base salary range for this role is $117,000 to $175,000.

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.