Sr. Associate Actuary - Healthcare

Public Consulting Group•US NY Remote, NY
•$120,000 - $140,000•Remote

About The Position

Public Consulting Group is seeking a Senior Associate Actuary to support its Actuarial Services team within the Health practice. The role leads complex actuarial and financial consulting engagements for government agencies, health plans, and public-sector clients. It develops actuarial models, financial forecasts, and scenario analyses; evaluates healthcare financing and reimbursement approaches; and communicates findings through technical reports and executive-level presentations. The position also advises clients on relevant regulatory, legislative, and policy developments, supports business development, and mentors actuarial analysts and consultants. Work products must comply with applicable actuarial standards of practice, professional guidance, and internal quality assurance processes. The position is remote.

Requirements

  • Expert knowledge of actuarial principles, healthcare financing, financial modeling, and statistical analysis.
  • Strong experience applying actuarial methods to healthcare, employee benefits, Medicaid, Medicare, or other public-sector programs.
  • Ability to lead complex projects with significant independence and exercise sound professional judgment.
  • Advanced analytical, problem-solving, and quantitative modeling capabilities.
  • Strong written and verbal communication skills, including the ability to translate technical concepts into actionable recommendations.
  • Demonstrated leadership, project management, mentoring, and team development skills.
  • Proficiency with actuarial modeling, forecasting, and data analysis tools.
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Data Analytics, or a related field.
  • At least 5 years of actuarial or healthcare financial consulting experience.
  • Associate or Fellow of the Society of Actuaries (ASA/FSA).

Nice To Haves

  • Experience supporting public-sector healthcare, employee benefits, Medicaid, Medicare, provider reimbursement, or health plan engagements.

Responsibilities

  • Lead complex actuarial and financial consulting engagements for government agencies, health plans, and public-sector clients.
  • Develop actuarial models, financial forecasts, and scenario analyses to evaluate the fiscal impact of policy, programmatic, and benefit design changes.
  • Analyze claims, encounter, utilization, cost, and financial data to identify trends, cost drivers, risks, and opportunities for improvement.
  • Support Medicaid reimbursement studies, provider rate setting, value-based payment initiatives, and healthcare financing projects.
  • Perform actuarial analyses related to employee benefits, reserve adequacy, and healthcare program sustainability.
  • Develop actuarially sound rate methodologies and evaluate reimbursement models, including fee-for-service, capitation, bundled payment, and alternative payment arrangements.
  • Prepare technical reports, actuarial memoranda, financial projections, and executive-level presentations that communicate complex findings to non-technical audiences.
  • Advise clients on regulatory, legislative, and policy developments affecting healthcare financing, employee benefits, and public-sector programs.
  • Lead client meetings, support business development efforts, and contribute to proposal development and thought leadership activities.
  • Mentor actuarial analysts and consultants by providing technical guidance, quality review, and professional development support.
  • Ensure work products comply with applicable actuarial standards of practice (ASOPs), professional guidance, and internal quality assurance processes.

Benefits

  • Medical and dental care benefits
  • 401k
  • PTO
  • Parental leave
  • Bereavement leave
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