Actuarial Analyst
About The Position
Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. The industry’s brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as an Actuarial Analyst at MMA. Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh (NYSE: MRSH). As our Actuarial Analyst on the Employee Health & Benefits team, you’ll be responsible for analytical tool development and support to a variety of stakeholders, both internally and externally with our clients. You will work with a team of clinical and benefit advisors to develop strategic approaches for our clients based on clinical and actuarial data. This position will be integral in all aspects of analysis and modeling of clients’ medical and pharmacy costs and their drivers. In addition, this position will be heavily involved in modeling and communicating the financial impact of changing medical and/or pharmacy networks with our locally developed pricing models that support Marsh McLennan Agency nationally. You may also have occasional travel throughout the Mid-Atlantic region, as needed.
Requirements
- Bachelor’s degree in mathematics, statistics, economics, or a related field required.
- Strong analytical skills demonstrated through coursework and experience.
- Completion of at least one actuarial exam is strongly preferred.
- Energetic, self-motivated, and committed; consistently shows initiative and follows through on projects to meet deadlines while working independently.
- Effective communication, persuasion, writing, and editing skills with attention to detail; reviews and revises work as needed.
- Proficient in computer applications, including Excel, Word, and PowerPoint, as well as data management and database tools; skilled in using the Internet for business research and communication.
- Identifies and implements new processes to enhance company efficiency and effectiveness.
- Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future
Nice To Haves
- Current Life & Health licensure or ability to obtain within 90 days of employment
- Prior broker experience
Responsibilities
- analytical tool development and support to a variety of stakeholders
- develop strategic approaches for our clients based on clinical and actuarial data
- analysis and modeling of clients’ medical and pharmacy costs and their drivers
- modeling and communicating the financial impact of changing medical and/or pharmacy networks
Benefits
- Generous time off, including personal and volunteering
- Tuition reimbursement and professional development opportunities
- Hybrid work, minimum of 3 days in local office
- Charitable contribution match programs
- Stock purchase opportunities
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Number of Employees
5,001-10,000 employees
