People Consulting - HR Actuarial Services - Health and Welfare Services - Manager

EY•Dallas, DC

7d•$125,900 - $262,600

About The Position

As a Manager on EY’s People Consulting Health and Welfare actuarial team, you will serve US and global clients across active and retiree health programs. You will lead and review actuarial and financial analyses, advise employers on plan design, funding and cost management, and support benefits transactions and integrations. The position also involves client relationship management, business development, coaching junior professionals, and collaboration with teams across People Consulting, Assurance, Strategy and Transactions, and Tax. Travel and work beyond standard hours may be required when necessary. The role calls for strong actuarial judgment and practical consulting ability, including communicating complex findings clearly and building trusted relationships with clients and colleagues. EY describes its environment as globally connected, diverse and inclusive, with coaching, training, professional growth and access to technology.

Requirements

Bachelor’s degree with a concentration in Actuarial Science, Mathematics, or Statistics.
Five to ten years of work experience.
Actuarial certification: Associate of the Society of Actuaries (ASA), Fellow of the Society of Actuaries (FSA), or Enrolled Actuary (EA).
Flexibility and willingness to travel and work beyond standard hours when necessary.
Proficiency with advanced features in Excel, Word, and PowerPoint.
Demonstrated experience leading and reviewing health and welfare actuarial analyses, including several of the following: medical, prescription drug, dental, and other welfare plan pricing, forecasting, and cost analysis; claims experience, trend and utilization analyses; budget and premium rate development; employee contribution modeling; IBNR reserve calculations; plan design, benchmarking, funding strategy, cost management, and vendor selection or management; transaction due diligence, Day 1 readiness, post-merger integration, benefit harmonization, or international benefits coordination.
Strong analytical, problem-solving, research, communication, project execution, time management, and client relationship skills.

Nice To Haves

Experience with retiree medical and other postemployment benefit valuations and accounting analyses under ASC 715, including audit support, is preferred.

Responsibilities

Lead and review actuarial and financial analyses for health and welfare programs, including plan pricing, cost projections, budget and premium rate development, employee contribution modeling, claims experience analyses, and IBNR reserve calculations.
Review junior professionals’ work, provide technical coaching, and prepare or review actuarial reports, client deliverables, and specialist memoranda supporting employee benefit plan audits.
Advise clients on health and welfare plan strategy, design, and cost management, including funding arrangements, medical and pharmacy trend, cost sharing, benchmarking, and the financial impact of alternative plan designs.
Contribute to business development and client pursuit activities by preparing proposals and delivering presentations for potential and existing clients.
Support health and welfare vendor strategy, including carrier and administrator assessments, RFP processes, financial evaluations, implementation planning, and ongoing performance reviews.
Lead health and welfare workstreams for transactions, including pre-close due diligence, cost and liability assessments, Day 1 readiness, post-merger integration, benefit harmonization, and employee impact analyses.
Support compliance and actuarial analyses related to applicable health and welfare requirements, potentially including the ACA, COBRA, ERISA, HIPAA, Medicare Part D creditable coverage, and Retiree Drug Subsidy attestations.
Respond to client needs and concerns in a timely and effective manner to support client satisfaction.
Encourage collaboration among team members and promote an inclusive working environment.
Plan and execute multiple high-priority projects, foster accountability and time management, and coordinate client relationship strategies and expectations.