About The Position

Mercer's 2,500+ US Health consultants deliver disciplined, consistent approaches to benchmarking, data analytics, financial management, marketing, compliance, and communication. Health actuarial analysts work closely with senior consultants in the design, financing, pricing, and administration of client companies’ health and welfare programs. You will be part of teams that plan designs, contribute strategies, and conduct benchmark studies that meet your client’s benefit and financial needs. Our stimulating and learning-filled environment will help you build strong relationships with your colleagues and our clients.

Requirements

  • Strong analytical skills, both quantitative and qualitative
  • Working knowledge of Microsoft Office—Word, Excel, and PowerPoint
  • Advanced programming skills are a plus (e.g. R, Python, SAS and SQL)
  • Knowledge of data analysis, project management, and presentation design
  • Excellent interpersonal, verbal, and written communication skills
  • Intellectual curiosity; seeking opportunities to develop new skills
  • Ability to work in teams and be flexible to work under tight deadlines and changing client needs
  • Superior organizational skills and strong attention to detail
  • A bachelor's degree in actuarial science, math, statistics, economics, engineering or other related field
  • Minimum GPA of 3.0/4.0
  • A commitment to achieving a Society of Actuaries (SOA) designation as demonstrated by having successfully passed at least one SOA exam or other related professional certification
  • Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future

Responsibilities

  • Develop employee contribution strategies to meet employer cost objectives
  • Assist in the development of customized pricing and valuation models
  • Price medical and prescription drug plan designs using proprietary Mercer tools
  • Analyze vendor renewals and plan experience and estimate future plan costs
  • Develop basic underwriting and actuarial skills as you build an awareness of health care plan design, cost factors, and the renewal process as well as industry products, services, and tools, including Mercer Health products, the vendor/insurance carrier market, and budget setting, rate setting, and evaluation

Benefits

  • Competitive rewards supporting your financial wellbeing, including compensation, retirement savings, stock purchase plan, and more.
  • Offerings geared at your overall wellness, including comprehensive medical, dental, vision, and fitness benefits, as well as life insurance and child and elder care programs.
  • Generous paid time off and a flexible work schedule that accommodates your home life and commitments outside of work.
  • Best-in-class actuarial study program to ensure you are supported in your journey to become a credentialed actuary, including competitive salary increases commensurate with your achievements
  • The opportunity to network, share views, and learn from others by getting involved with our Business Resource Groups : PRIDE, Women@Mercer, Racial & Ethnic Diversity and Rising Professionals Network.
  • The chance to make a positive difference in your local community by using your paid time off to volunteer through events organized by Mercer Cares, our community outreach and volunteerism BRG.
  • A huge variety of virtual learning and development resources to support your personal and professional growth.
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