Actuarial Manager - Government Healthcare

Marsh McLennan•Minneapolis, MN

4d•$117,000 - $234,500•Hybrid

About The Position

Marsh is seeking a Government Healthcare Actuarial Manager to join its Government Human Services Consulting (GHSC) practice within People and Investments. GHSC works with state Medicaid agencies to transform Medicaid programs and includes specialists in actuarial and financial services, clinical and behavioral health, pharmacy, policy, and other areas. The manager leads routine client engagements, overseeing service delivery and strategy, financial evaluations, and plan design. The role also includes preparing and reviewing client reports and presentations, performing and reviewing complex analyses and cost projects, managing day-to-day client relationships, guiding junior staff, and supporting business development. The position is hybrid. Marsh colleagues are expected to work from their local office or onsite with clients at least three days per week; office-based teams identify at least one weekly anchor day for in-person collaboration. The applicable base salary range is $117,000 to $234,500, with possible performance-based incentives. Marsh offers health and welfare benefits, tuition assistance, 401(k) savings and other retirement programs, and employee assistance programs.

Requirements

BA/BS degree.
10+ years of health actuarial experience, including 3+ years of Medicaid leadership actuarial experience.
Actuarial credentials: ASA, FSA, or MAAA.
Ability to handle client and project management in a demanding work environment with tight deadlines.

Nice To Haves

Medicaid actuarial experience spanning multiple states, programs, health insurers, or Federal agencies.
Actuarial consulting experience.
Experience leading large teams and/or large, complex projects.
Experience related to health plan analysis or capitated rate development.

Responsibilities

Lead routine client engagements, managing overall service delivery and strategy, financial evaluations, plan design, and related work.
Draft and review client reports and presentations that summarize findings and implications and recommend strategies and solutions.
Perform and review complex analyses and cost projects using or modifying existing tools and pricing models.
Review analyses conducted by junior staff to ensure actuarial soundness and correct use of models.
Handle day-to-day client contact and management, resolving project-related questions and challenges.
Guide junior staff members in client interactions.
Assist senior team members with business development by identifying potential areas of growth in existing projects and helping respond to requests for information or proposals.