2027 Undergraduate Full-Time - H&W Actuarial Associate, Workplace Consulting
About The Position
Our health and welfare consulting team at Fidelity provides a unique experience for candidates looking for an opportunity to grow their consulting career. Specifically, our team is organized to focus on three key experiences: We are client focused. Our work with clients is oriented around problem solving and not defined by products we can upsell to our client. Simply put we do what is best for our clients with no conflicting interests. All members of our team work with our most senior leaders on a day to day basis. This gives everyone the opportunity to learn from industry leaders with 20+ years of experience in H&W consulting. We think it is important for our associates to have client exposure early in their careers and throughout to develop strong relationship skills. As such, we provide opportunities for all to gain valuable client exposure and assist in the critical process of building client relationships that last. As an Associate, you will help to provide H&W clients a different perspective based on data-driven solutions. Consulting engagements can involve a variety of topics including but not limited to plan design, compliance and reporting services, pricing and employee contribution settings, or retiree health care solutions. You will support H&W Workplace Consulting projects, work with other associates and promote teamwork.
Requirements
- Bachelor’s degree in Mathematics, Actuarial Science, Health or other quantitative subject major preferred
- Internship experience
- Having passed at least one Society of Actuaries exam
- Courses in business, accounting, finance, or economics is a plus
- Familiarity with spreadsheet and database programs, including Microsoft Office
- Committed to constant self-improvement and exhibit a competitive drive
- Comfortable asking for help
- Resourceful, organized, and able to prioritize multiple tasks at the same time
- High aptitude to learn new things quickly and adapt to new situations
- Pursuing actuarial credentials
Responsibilities
- Collecting and preparing data necessary to analyze benefit programs
- Maintaining organized storage of client documentation (e.g., SPDs, contracts, employee communication)
- Assisting in the development of health and welfare program pricing, reserving, budgets, employee contributions and premium equivalent rates for self-insured 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
- Student loan assistance and tuition reimbursement for eligible employees
- 23+ days of paid time off (based on years of service) plus 8 paid Federal holidays
- Opportunities to volunteer and give to your local community during work hours
- Comprehensive health care coverage and emotional well-being support
- Market-leading retirement
- Generous paid time off and parental leave
- Charitable giving employee match program
- Educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
