Director, Actuarial Services
About The Position
About Marsh McLennan Agency Midwest Marsh McLennan Agency’s Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. MMA Midwest is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development. Colleagues enjoy an award-winning culture that fosters a highly productive and results-driven working environment. A day in the life. As our Director, Actuarial Services on the Analytical Services team, you’ll lead and expand our actuarial and financial analytics services. You will oversee actuarial compliance, regulatory reporting, and the development of proprietary models and analytics to support our client base. You will unify and manage underwriting and actuarial teams, drive innovation, and enhance our competitive position in the market. Our future colleague. We’d love to meet you if your professional track record includes these skills:
Requirements
- Minimum 10 years of actuarial experience in Health Insurance / Benefits Consulting, with proven ability to work in a matrixed environment with competing priorities.
- Expertise in self-funded employee benefits, medical, Rx, stop loss, IBNR, and discount analysis as well as
- Bachelor’s Degree or equivalent work experience and an Associate or Fellow of the Society of Actuaries.
Nice To Haves
- Proficiency in MS Office (Word, Excel, PowerPoint), with advanced skills in Excel, Access, and actuarial software.
- Willingness to travel up to 30%
Responsibilities
- Leading, managing, and developing Actuarial and Underwriting teams, fostering a unified and collaborative environment
- Overseeing actuarial compliance and regulatory reporting.
- Providing consultative support throughout the client lifecycle, assisting with prospective efforts, and supporting renewal negotiations
- Developing, validating, and innovating proprietary actuarial models, templates, and financial analyses
- Collaborating with Financial Analytics and other actuarial hubs to enhance cost projection processes and ensure actuarial soundness
Benefits
- Medical, dental, vision, 401K benefits and more
- The flexibility to work at home or an office, based on your discretion and schedule
- Start with 20 days of paid time off
- A paid day off to volunteer and company-organized volunteer events
- Up to $1,000 per year in matching charitable donations
- Up to $750 per year in wellness rewards
- All the nitro cold brew coffee and sparkling water you can drink
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What This Job Offers
Job Type
Full-time
Career Level
Director
