Health Consulting Actuarial Analyst- DC- College Program 2027

Marsh McLennanWashington, DC
$59,000 - $118,100

About The Position

Mercer’s 2,500+ US Health consultants deliver disciplined, consistent approaches, to benchmarking, data analytics, financial management, marketing, compliance and communication. Our client focus, integrity, expertise, and innovation are why clients choose Mercer. We are committed to setting the industry standard for ethical and transparent business practices. 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—and 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
  • 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

Nice To Haves

  • 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

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

  • health and welfare benefits
  • tuition assistance
  • 401K savings and other retirement programs
  • employee assistance programs
  • comprehensive medical, dental, vision, and fitness benefits
  • life insurance
  • child and elder care programs
  • Generous paid time off
  • flexible work schedule
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