Overview

We are seeking a talented individual to join our Health Actuarial Consulting team at Mercer. This is a hybrid role that has a requirement of working at least three days a week in the office. As a Sr. 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.

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.

Qualifications

• BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
• Minimum 7 years’ experience working in an actuarial field, with health and benefits consulting experience.
• Proven progress to obtaining ASA designation.
• Client facing experience.
• Strong analytical skills and working knowledge of Microsoft Office—Word, Excel, and PowerPoint.

Preferred/Favorable

• Experience in health benefits actuarial consulting.
• ASA credentialed.

Why join our team

• 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.

Additional details

Application will be posted through October 10th. Apply Now! Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person. The applicable base salary range for this role is $117,000 to $234,500. Base pay is determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. This position may be eligible for performance-based incentives. We offer a competitive total rewards package including health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status, or any other characteristic protected by applicable law. If you need accommodations, please contact reasonableaccommodations@mmc.com.

Marsh McLennan is committed to hybrid work, with local office presence or onsite client work at least three days per week. An anchor day may be designated for team in-person collaboration.

The information below is for context and is not part of the core role description:

Location: San Francisco, CA

Seniority level: Not Applicable

Employment type: Full-time

Job function: Finance and Sales

Industries: Insurance and Business Consulting and Services