Health Actuary – Analyst III

Mercer•San Francisco, CA
•$73,500 - $147,000•Hybrid

About The Position

Mercer is hiring a Health Actuary – Analyst III for its Health Actuary team. The role is based in Denver, Colorado, or in California locations including San Francisco, Irvine, and Los Angeles. It is hybrid, with a requirement to work in the office at least three days per week. The Health & Benefits actuarial consulting analyst manages client projects focused on employers’ health benefits strategies. Work includes financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations. The analyst creates client deliverables, provides direction to junior analysts, serves as a financial client contact, and presents deliverables to clients in partnership with senior members of client teams.

Requirements

  • 2–5 years of relevant work experience in consulting, insurance, finance, human resources, or accounting.
  • BA/BS degree in actuarial science, math, finance, economics, or a related field.
  • Excellent analytical skills, including experience in data analysis or financial modeling.
  • Excellent written and oral communication skills.
  • Proven project management skills and creative problem-solving abilities.

Nice To Haves

  • Two or more actuarial exams passed.
  • Work experience in actuarial consulting, especially within healthcare.
  • One or two exams away from earning ASA designation.
  • Demonstrated ability to independently manage multiple complex projects simultaneously.
  • Experience presenting technical concepts to a non-technical audience.

Responsibilities

  • Manage client projects focused on employers’ health benefits strategies.
  • Conduct work involving financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations.
  • Create client deliverables.
  • Provide direction to junior analysts.
  • Serve as a financial client contact.
  • Present deliverables to clients in partnership with senior members of client teams.

Benefits

  • Multiple medical, dental, and vision plans, with coverage starting on Day 1.
  • Benefits and discounts on products and services.
  • Professional development opportunities.
  • Health and welfare benefits.
  • Tuition assistance.
  • 401K savings and other retirement programs.
  • Employee assistance programs.
  • The position may be eligible for performance-based incentives.
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