Sr. Principal Lead Health Actuary Consultant

We are seeking an experienced Health Actuary Leader to join our Actuarial and Financial Consulting teams at Mercer. This hybrid role (minimum of 3 days in the office) can be located at any of our office locations across the United States.

Sr. Principal Lead Health Actuary Consultant

What can you expect?

• Manage client projects focused on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well‑being initiatives, and renewal negotiations.
• Create deliverables and provide direction to analysts and associates, serving as a primary financial client contact.
• Present deliverables to clients in partnership with senior members of the client teams.

What’s in it for you?

• Excellent growth, mobility and advancement opportunities.
• Opportunity to network with senior actuaries across the country.
• Option to support intellectual capital or business development across the market.
• Opportunity to participate in various business resource groups such as Rising Professional Network, Women at Mercer, and PRIDE (our LGBTQ+ group).

We will count on you to do:

• Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewal, business placement, benchmarking, and other projects related to underwriting health and welfare insurance, brokering contracts, or projecting health‑care related costs.
• Review data analyses conducted by junior staff to ensure actuarial soundness, correct use of models or products, and to assist in the development of junior staff members.
• Perform and review complex analyses and cost projections using existing products, tools, and pricing models in Excel, SAS, and other software, potentially specializing in certain health‑care related insurance areas.
• Draft and review client reports or presentations summarizing findings and implications, and recommend a strategy, solution, or plan design to the client.

What you need to have:

• BA/BS degree in actuarial science, math, statistics, finance, economics, or related field.
• 15+ years’ experience working in an actuarial field; consulting experience preferred.
• ASA/FSA credential.
• Strong analytical skills, both quantitative and qualitative, and working knowledge of Microsoft Office—Word, Excel, and PowerPoint.
• Proven project management skills and creative problem‑solving abilities.
• Ability to work in teams and be flexible to work under tight deadlines and changing client needs.

The applicable base salary range for this role is $150,000 to $225,500. In addition to the base salary, this position may be eligible for performance‑based incentives.

We are an equal‑opportunity employer and encourage diversity, inclusion, and a flexible work environment. All employees are expected to work onsite with clients at least three days per week, with an anchor day for team collaboration.