Vice President, Actuarial at SCHAUMBURG, Illinois

Vice President Of Actuarial Services

About Marsh McLennan Agency's Midwest Region: MMA Midwest is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. MMA Midwest is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development. Colleagues enjoy an award-winning culture that fosters a highly productive and results-driven working environment.

A day in the life: As our Vice President of Actuarial Services on the Financial Analytics team, you'll lead and expand our actuarial and financial analytics services. You will oversee actuarial compliance, regulatory reporting, and the development of proprietary models and analytics to support our client base. You will unify and manage underwriting and actuarial teams, drive innovation, and enhance our competitive position in the market.

Our future colleague: We'd love to meet you if your professional track record includes these skills:

• Minimum 10 years of actuarial experience in Health Insurance / Benefits Consulting, with proven ability to work in a matrixed environment with competing priorities.
• Leading, managing, and developing Actuarial and Underwriting teams, fostering a unified and collaborative environment
• Expertise in self-funded employee benefits, medical, Rx, stop loss, IBNR, and discount analysis as well as Overseeing actuarial compliance and regulatory reporting.
• Providing consultative support throughout the client lifecycle, assisting with prospective efforts, and supporting renewal negotiations
• Developing, validating, and innovating proprietary actuarial models, templates, and financial analyses
• Collaborating with Financial Analytics and other actuarial hubs to enhance cost projection processes and ensure actuarial soundness
• Bachelor's Degree or equivalent work experience and an Associate or Fellow of the Society of Actuaries.

These additional qualifications are a plus, but not required to apply:

• Proficiency in MS Office (Word, Excel, PowerPoint), with advanced skills in Excel, Access, and actuarial software.
• Willingness to travel up to 30%

A Great Place to Work. A Great Place to Perk. Recognized for workplace culture by the likes of Fortune Magazine, The Chicago Tribune and more, our colleagues enjoy an environment that fosters creativity as well as individual and organizational growth. A small sampling of the benefits our colleagues enjoy include:

• Medical, dental, vision, 401K benefits and more
• The flexibility to work at home or an office, based on your discretion and schedule
• Start with 20 days of paid time off
• A paid day off to volunteer and company-organized volunteer events
• Up to $1,000 per year in matching charitable donations
• Up to $750 per year in wellness rewards
• All the nitro cold brew coffee and sparkling water you can drink
• A company-wide mentality that you can never appreciate your co-workers too much

MMA Midwest has created an award-winning culture largely due to meeting our colleagues where they are, celebrating their differences and building an inclusive environment. We challenge ourselves to create a workplace where our colleagues feel not only welcomed, but feel they belong; where we not only embrace diverse perspectives and opinions but seek them out; and where we ask not how a colleague fits our culture, but what they add to it. Marsh McLennan and its affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.

The applicable base salary range for this role is $115,000 to $214,500. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. 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.