Oliver Wyman Actuarial – Health Manager - Medicare Advantage Experience

Marsh McLennan • Atlanta, GA

18d • Hybrid

About The Position

As a Manager, you will work alongside and learn from Oliver Wyman’s industry leaders and other consultants while contributing to a broad range for client projects. You will eventually have significant interaction with Oliver Wyman’s clients, which include top tier insurance companies and provider health systems. You will have responsibility for workstreams of the projects, managing the completion of those workstreams and the teams. The Health Practice of Oliver Wyman is rapidly growing and seeking individuals who are highly motivated to expand our team. The practice seeks to inspire a collaborative, team-based culture which fosters free flowing ideas, values diversity and allows for challenges to the status quo. Its colleagues are proud to perform exciting, diverse, and leading-edge work. Potential projects may include:

Health insurance product development, modeling, and analysis for the Medicare Advantage markets
Medicare Advantage bid development, both Part C and D
Setting pricing assumptions, trends, and pricing methodologies
Medical and pharmacy claims analysis, including benchmarking to applicable industry experience
Feasibility studies for startup operations or expansions of new products for payers, providers, or payer-provider partnerships
Support of regulatory changes and implementation
Evaluation of provider contracts and the impact of changes on rates
Analysis of value-based care and other risk-taking arrangements from both the payer and provider perspectives
Opportunity analyses for improved total-cost-of-care management and population health
Evaluation of risk scores and assistance with improving risk score coding/capture
Evaluation of care management programs

Requirements

• Bachelor’s or Master’s degree required, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
• 4+ years of actuarial experience in the Medicare Advantage industry focused on Part D bids, with a preference for actuarial consulting experience
• Progress towards Associate of the Society of Actuaries (ASA) credentials
• Track record of and desire for rapid learning, high performance, and professional growth
• Strong written and oral communication skills
• Excellent time management skills
• Understanding of the value of collaboration and the ability to work effectively in a team setting
• Deep critical-thinking skills and problem-solving ability
• Highly motivated individual and willingness to work in a dynamic environment
• Strong skills with MS Excel, SAS, SQL, R, Python, VBA or other programming languages

Responsibilities

• Responsibility for workstreams of the projects
• Managing the completion of those workstreams and the teams

Benefits

• Oliver Wyman offers a performance-based pay program that rewards colleagues for the contributions they make to our business results, including year-end bonuses based on personal and corporate performance.
• We also offer an impressive array of benefits. Explore all the benefits offered at US Benefits | Marsh McLennan.
• In addition to competitive benefits, the Practice is dedicated to the success of actuarial students in their pursuit to become credentialed actuaries.
• Oliver Wyman offers a competitive study program which includes paid time off for exam study and exam day, financial support for materials, reimbursement of exam costs and salary increases subsequent to passing exams.
• Financial incentives such as first-time pass bonuses are provided in addition to the generous salary increases.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees