Health & Benefits Actuarial Consulting Analyst

Marsh McLennan • Richmond, VA

9h • Hybrid

About The Position

The Health & Benefits (H&B) actuarial consulting analyst is responsible for managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations. The actuarial consulting analyst will create client deliverables, provide direction to junior analysts as applicable, serve as a financial client contact, and present deliverables to clients in partnership with senior members of client teams.

Requirements

• BA/BS degree in actuarial science, math, finance, economics, or related field
• Excellent analytical skills – 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

• Relevant work experience in consulting, insurance, finance, human resources, or accounting – especially within actuarial or healthcare consulting
• Two or more actuarial exams passed
• Demonstrated ability to independently manage multiple complex projects simultaneously
• Experience presenting technical concepts to a non-technical audience

Responsibilities

• Managing client projects that focus on employers’ health benefits strategies
• Financial projections
• Carrier selection
• Plan design optimization
• Employee contribution setting
• IBNP valuations
• Benchmarking
• Well-being initiatives
• 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 choices to fit all needs and budgets
• Benefits coverage starting Day 1
• Other benefits and discounts on products and services
• Health and welfare benefits
• Tuition assistance
• 401K savings and other retirement programs
• Employee assistance programs

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level