Health Actuary - Associate I

$152,339 - $169,000/Yr

Marsh McLennan - Denver, CO

Full-time - Senior

Remote - Denver, CO

10,001+ employees

Insurance Carriers and Related Activities

About the position

The Health Actuary - Associate I position at Mercer involves managing client projects focused on employers' health benefits strategies. This includes financial projections, plan design optimization, and renewal negotiations. The role requires developing customized pricing and valuation models, presenting deliverables to clients, and working closely with analysts and associates to ensure effective project execution.

Responsibilities

• Manage client projects focusing on employers' health benefits strategies.
• Create deliverables and provide direction to analysts and associates.
• Present deliverables to clients in partnership with senior team members.
• Develop underwriting and actuarial skills related to health care plan design and cost factors.
• 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 in Actuarial Science, Mathematics, or a related field.
• Five years of progressive, post-baccalaureate experience in actuarial consulting or a related occupation.
• Experience in developing customized pricing and valuation models.
• Experience managing client projects related to health or pension benefits strategies.
• Fellow or Associate of the Society of Actuaries designation.

Nice-to-haves

• Experience with Mercer Health products and vendor/insurance carrier market.
• Strong analytical skills and proficiency in Microsoft Excel.

Benefits

• Health insurance
• Dental insurance
• 401(k)
• Tuition reimbursement
• Employee assistance program
• Vision insurance