Health Actuary - Associate I

$152,339 - $169,000/Yr

Mercer Health & Benefits - Denver, CO

Full-time - Mid Level

Remote - Denver, CO

Insurance Carriers and Related Activities

About the position

The Health Actuary - Associate I position at Mercer Health & Benefits involves managing client projects focused on health benefits strategies for employers. The role includes financial projections, plan design optimization, and serving as a primary financial contact for clients. The associate will develop actuarial skills, create deliverables, and present findings to clients, while also working on customized pricing and valuation models.

Responsibilities

• Manage client projects focusing on employers' health benefits strategies.
• Create deliverables and provide direction to analysts and associates.
• Serve as one of the primary financial client contacts.
• Present deliverables to clients in partnership with senior team members.
• Develop underwriting and actuarial skills related to health care plan design and cost factors.
• Develop customized pricing and valuation models.
• Price medical, prescription drug, dental, and vision plan designs using proprietary tools.
• Analyze vendor renewals and plan experience to estimate future plan costs.

Requirements

• Bachelor's degree or foreign equivalent in Actuarial Science, Mathematics, or a related field.
• Five years of progressive, post-baccalaureate experience in the job offered or as an Actuarial Consultant.
• Experience in developing customized pricing and valuation models.
• Experience managing client projects related to health or pension benefits strategies.
• Experience presenting financial analyses to clients on actuarial projects.
• Experience leveraging underwriting and actuarial skills for plan design and cost projections.
• Must possess Associate or Fellow of the Society of Actuaries designation.

Benefits

• Health and welfare benefits
• Tuition assistance
• 401K savings and retirement programs
• Employee assistance programs