Vice President & Actuary

Role Description

As a Senior Consulting Actuary, you will lead client relationships that provide comprehensive H&W support and innovative solutions. These services can involve a variety of topics including, but not limited to:

• Overall strategy development
• Plan design
• Reporting
• Vendor management and selection
• Pricing
• Employee contribution settings and/or retiree health care solutions

You will lead H&W Workplace Consulting projects, mentor other associates and promote collaboration. You will be a member of the H&W leadership team and will co-lead the development & maintenance of actuarial models and standards, and ensure team compliance. Specific internal and external responsibilities include:

• Lead the development and presentation of strategic recommendations to clients on an annual basis
• Build extensive knowledge of the client and their business and find opportunities to expand relationships to solve client problems
• Provide overall accountability to our clients for our analytical and actuarial deliverables
• Provide direction, support, and review of health and welfare program renewals/pricing, budgets, IBNP development, and other financial support
• Play a leadership role in efforts to expand our H&W client base through participation in RFPs, finalist meetings and the development of new offerings
• Develop and present webinars, and other marketing efforts, focused on actuarial insights of interest to current and prospective clients
• Collaborate with other senior leaders in the H&W practice to develop strategies to lead people development and client delivery
• Lead and mentor the team of H&W associates assigned to support your client team, as well as the general H&W practice
• Co-lead the development & maintenance of actuarial tools and standards required to support our clients’ ongoing H&W needs
• Interact with our clients’ Accounting and Finance Teams, as needed, to include meeting with clients’ outside auditors when requested

Qualifications

• Actuarial credentials required, FSA strongly preferred
• Minimum 15 years of proven experience in working with financials and strategic management of health and welfare plans, preferably gained in a benefit consulting or brokerage firm
• Understanding of complex business issues and challenges facing clients today and demonstrated ability to sell applicable H&W consulting services
• Experience engaging all available resources to address client problems (resourceful & scrappy)
• Strong client relationship management skills, including excellent communication and responsiveness
• Ability to independently develop and facilitate strategy discussions; ability to communicate sophisticated financial results to client stakeholders
• Deep knowledge of health insurance and benefits industry, its practices and applicable laws/regulations, financial issues, point solutions, traditional carriers partner landscape, PBMs and coalitions, etc.
• Dedication to team collaboration and coordination, including mentoring junior associates and leading teams to facilitate excellent client service (note this role will include managing other associates)

Benefits

• Comprehensive health care coverage and emotional well-being support
• Market-leading retirement
• Generous paid time off and parental leave
• Charitable giving employee match program
• Educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career

Company Description

The Fidelity Workplace Consulting Group is composed of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, providing a broad range of services that touch on every area of benefits design, strategy, funding, communication, and delivery. Many of our team leaders bring experience from other leading consulting firms. While we primarily serve Fortune 1000 companies, we also work with Fidelity clients of all sizes ranging from Fortune 50 to tax-exempt market to Fortune 2000.