Health and Benefits Actuarial Analyst

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As a Health and Benefits Actuarial Analyst you will contribute to a wide variety of complex projects involving the design, financing and ongoing management of the full spectrum of health and benefit programs. This is a foundational role that provides excellent opportunities to grow your health and benefits business acumen, actuarial skills and client management skills by working on cutting edge projects at one of the worlds leading actuarial consultancies.

Contribute to core health and benefits projects involving the design and management of group medical, dental, life, disability and time off benefits for large, complex clients

Sample projects include:

Benefit plan analysis, design, cost savings and funding strategies

Vendor procurement, negotiation and optimization

Incorporation of specialized health management, absence and disability management, pharmacy, data analytics and compliance strategies

Perform financial analyses including developing pricing and employee contributions strategies, modelling plan design alternatives, contributing to completion of actuarial valuations, and calculating reserves

Conduct benchmarking studies and other research; provide value added analyses and summaries

Analyze and compare vendor products, services and contracts

Design, distribute and evaluate responses to surveys and RFPs

Build strong relationships with clients by effectively responding to their questions and needs

Build relationships internally and collaborate effectively on cross-functional teams

Contribute to the development of new tools and approaches

The Requirements

1-2 years experience dealing with the financials of health and benefit plans, ideally gained in a benefit consulting/brokerage firm or health underwriting / actuarial function of an insurance company; alternatively, some exposure to, and interest in, health and benefits plans

Well organized and detail oriented

Flexibility and proven ability to identify and resolve issues

Strong client service orientation and ability to respond to all communications effectively and in a timely manner

Strong written and verbal communication skills

Self-starter attitude and ability to work individually and as part of a team

Strong analytical, creative and integrative skills

Excellent Microsoft Office skills, particularly in Excel and PowerPoint

State Life and Health license required within 90 days of joining

Bachelors degree required, , preferably with significant quantitative course work

Pursuit of health actuarial designation required


including disability/vets
  • 1
  • Negotiable
  • None
  • None
  • Re-207621
  • Permanent
  • 0

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