Co-op, H&W Actuarial

Fidelity • Boston, MA

2d • Onsite

About The Position

Fidelity Workplace Consulting is seeking a passionate and self-motivated Actuarial Health and Welfare Co-op to join their collaborative and competitive environment. This role offers a unique experience for candidates to grow their consulting career, focusing on serving client needs, providing a fast-paced work environment with flat-working teams, and offering meaningful client exposure early in the career. The co-op will work with teammates to provide actuarial services and consulting advice to clients regarding their benefit programs, with an emphasis on health and welfare plans. The career path aims at becoming a consulting actuary advising mid to large-size companies on their employee benefit programs.

Requirements

• Mathematics, Actuarial Science or quantitative subject major preferred
• Having passed a Society of Actuaries exam strongly preferred
• Courses in business, accounting, finance, U.S healthcare, or economics a plus
• Prior internship a plus
• Availability of six months (January 2026 to July 2026)
• Resilience, initiative, and strategic thinking
• Self-starter who takes ownership of challenges and opportunities alike, with a strong bias toward action and continuous improvement
• Creative approach to problems, looking for innovative solutions and new ways to add value
• Collaborative team player, valuing diverse perspectives and fostering a culture of trust and shared success
• Resourceful and organized, adept at juggling multiple priorities while staying focused and organized
• Proactive and curious, taking initiative, asking thoughtful questions, and actively seeking out learning opportunities
• Comfortable with ambiguity, excelling in environments where the path isn’t always clear, using strategic thinking and adaptability to navigate uncertainty
• Strong communicator, bringing clarity and confidence to both written and verbal communication
• Leadership-oriented, having held leadership roles that required vision, accountability, and the ability to inspire and mobilize others toward a common goal
• Commitment to learning and the actuarial profession

Nice To Haves

• Courses in business, accounting, finance, U.S healthcare, or economics
• Prior internship

Responsibilities

• Collecting and preparing data necessary to analyze benefit programs
• Maintaining organized storage of client documentation (e.g., Summary Plan Documents (SPDs), contracts, employee communication)
• Assisting in the development of health and welfare program pricing, reserving, budgets, financial dashboard reporting, employee contributions and premium equivalent rates for self-funded plans
• Assisting in the negotiation of rates, contractual provisions and performance guarantees with current benefit vendors
• Performing marketing analysis including RFP creation, proposal collection, and vendor comparisons
• Assisting with vendor selection, performance criteria, pricing negotiations and contractual provisions

Benefits

• Fidelity will reasonably accommodate applicants with disabilities who need adjustments to complete the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to [email protected].

What This Job Offers

• Career Level: Entry Level
• Education Level: Associate degree