People Consulting - HR Actuarial Services - Health and Welfare Analyst - Senior

EY•Dallas, DC

8d•$100,600 - $188,600

About The Position

As a member of EY’s People Consulting Health and Welfare actuarial team, the Senior Analyst serves US and global clients through actuarial and financial analysis of health and welfare programs. The role supports employer plan strategy, design, funding and cost management; vendor selection and performance; and health and welfare transaction and integration work. The successful candidate applies technical expertise and practical consulting skills, communicates findings clearly, builds client relationships, and collaborates with colleagues and junior staff while producing high-quality client deliverables.

Requirements

Bachelor’s degree with a concentration in Actuarial Science, Mathematics, or Statistics.
At least three years of work experience.
Demonstrated progress toward an actuarial certification, or a commensurate level of continuing education for a non-actuarial area of focus.
Flexibility and willingness to travel and work beyond standard hours when necessary.
Proficiency with advanced features in Excel, Word, and PowerPoint.
Demonstrated experience performing or reviewing health and welfare actuarial analyses, including several areas such as medical, prescription drug, dental, or other welfare plan pricing, forecasting, claims experience, trend, utilization, budgets, employee contributions, or IBNR analyses.
Demonstrated experience in one or more areas such as health and welfare plan design, benchmarking, funding strategy, cost management, vendor selection or management, transaction due diligence, post-merger integration, or retiree medical and other postemployment benefit valuations.
Excellent analytical, problem-solving, research, and communication skills.

Nice To Haves

Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA), or Enrolled Actuary (EA) certification is preferred.

Responsibilities

Prepare and review actuarial and financial analyses for health and welfare programs, including plan pricing, cost projections, budgets, premium rates, employee contributions, claims experience, and incurred-but-not-reported reserves.
Delegate selected tasks to junior staff and begin reviewing their work; prepare actuarial reports, client deliverables, and specialist support for employee benefit plan analyses.
Support health and welfare plan strategy, design, and cost management analyses, including funding arrangements, medical and pharmacy trends, cost sharing, benchmarking, and financial evaluation of alternative plan designs.
Support health and welfare vendor strategy, including carrier and administrator assessments, request-for-proposal processes, financial evaluations, implementation planning, and ongoing performance reviews.
Support health and welfare transaction workstreams, including pre-close due diligence, cost and liability assessments, Day 1 readiness, post-merger integration, benefit harmonization, and employee impact analyses.
Solve issues practically, communicate findings, gain client agreement, and collaborate effectively while promoting an inclusive working environment.
Encourage and facilitate collaboration among team members.
Lead strategic project management efforts, balancing long-term goals with immediate deadlines.
Streamline processes to improve team efficiency and outcomes.
Build relationships with established clients and align services with their expectations.
Perform and review actuarial and financial analyses across active and retiree health programs, help employers assess plan design and funding strategies, support benefits transactions and integrations, and collaborate across People Consulting, Assurance, Strategy and Transactions, and Tax.