Lead Health Actuary Consultant

Marsh McLennan • Wacker, IL

2d • $117,000 - $234,500 • Hybrid

About The Position

We are seeking an experience Health Actuary to join our Actuarial and Financial Consulting teams at Mercer. This hybrid role (minimum of 3 days in the office) can be located an any of our office locations across the United States. As a Senior Lead Health Actuarial Consultant, you will manage client projects focused on employers’ health benefits strategies, including financial projections, plan design optimization, and renewal negotiations. You will also serve as a primary financial contact for clients while providing direction to analysts and associates. We will count on you to:

Requirements

• BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
• Minimum 8 years’ experience working in an actuarial field, with health and benefits consulting experience
• Proven progress to obtaining your ASA designation
• Client facing experience
• Strong analytical skills and working knowledge of Microsoft Office—Word, Excel, and PowerPoint.

Nice To Haves

• Experience in health benefits actuarial consulting.
• ASA credentialed

Responsibilities

• Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewals, business placement, benchmarking, and other projects related to underwriting health and welfare insurance.
• Review data analyses conducted by junior staff to ensure actuarial accuracy, proper use of models, and support their professional development.
• Perform and review complex analyses and cost projections using tools like Excel, SAS, and other software, with potential specialization in healthcare-related insurance areas.
• Draft and review client reports and presentations to summarize findings, recommend strategies, and propose solutions or plan designs.
• Handle day-to-day client interactions, resolve project-related questions, and guide junior team members in client management.
• Assist senior team members in business development efforts by identifying growth opportunities and supporting responses to proposals.
• Contribute to the development of intellectual capital and expand knowledge of health insurance actuarial services and products.

Benefits

• We help you be your best through professional development opportunities, interesting work, and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
• 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: Mid Level
• Number of Employees: 5,001-10,000 employees