Job Information
Mercer Health & Benefits LLC Health & Benefits Actuarial Consultant in New York, New York
TITLE: Health & Benefits Actuarial ConsultantEMPLOYER: Mercer Health and Benefits LLCLOCATION: New York, NY (A telecommuting/hybrid work schedule may be permitted within a commutable distance from the worksite, in accordance with company policies).DUTIES: Support senior consultants in managing client accounts, researching, analyzing, and evaluating health and non-health employee benefits plans and programs. Work on basic to moderately complex actuarial/quantitative analyses with some guidance from senior project team members in order to assess and calculate costs, rates, risks and trends associated with underwriting health and welfare insurance, or projecting health care related costs. Gather, organize, test, and review client or vendor data for accuracy, validity, and reasonableness, and to identify any discrepancies. Perform basic and increasingly complex analyses and cost projections by using or modifying existing products, tools, and pricing models in Excel, SAS, and other software, with some input and feedback from senior project team members. Support marketing and renewals of all health and non-health employee benefit plans and programs. EOEREQTS: Must have Bachelor’s degree or foreign equivalent in Actuarial Science, Math, Statistics, Finance, Economics, or a related field plus two (2) years of experience in the position offered, as a Health Actuary - Analyst, Actuarial Assistant, or a related position. Two (2) years of experience must include: Gathering, cleaning, manipulating, and reviewing data for accuracy, validity, and reasonableness with software including MS Excel, SAS, and SQL; Performing moderately complex analyses and claim cost projections by using or modifying existing products, tools and models in MS Excel (including VBA); Presenting analysis results by using MS Power Point; Developing, maintaining, and improving actuarial models that are used for financial health cost projections and IBNP valuations; Implementing actuarial assumptions that are built into models and providing ongoing review to ensure accuracy; Using data visualization tools to create dashboards and reports and deliver analysis results; Researching, analyzing, and reviewing industry, regulatory, and legislative trends for calculating risk, liability, and cost. EXAM REQTS: Must have passed 3 Society of Actuary exams.SALARY: The applicable base salary range for this role is $126,277.00 to $147,000.00 per year. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.HOURS: 40 hours per week, Monday-Friday, 9:00 AM - 5:00 PMAPPLY: https://careers.marshmclennan.com using Keyword R_299620. EOE
Minimum Salary: 126277 Maximum Salary: 147000 Salary Unit: Yearly