Actuarial Consultant - Social, Healthcare and Public Entities

Locations Atlanta Austin Boston Charlotte Chicago Cleveland Columbus Connecticut - Darien Dallas Detroit Houston Do you want to do work that matters, alongside supportive leaders who will help you grow faster than you ever thought possible? Are you a creative problem‑solver who is energized by challenges? You’ve come to the right place.

YOUR IMPACT

You will leverage your actuarial expertise, industry experience, and analytical skills to help clients solve some of healthcare's most complex challenges. Working as part of client service teams, you will develop innovative capabilities, generate actionable insights, and shape recommendations that drive meaningful improvements in organizational performance, affordability, and patient outcomes. The Actuarial team is based across offices in North America and is part of our Social, Healthcare and Public Entities (SHaPE) practice, which supports stakeholders across the healthcare industry on strategy development and execution. The team includes more than a dozen actuaries with expertise across Commercial, Medicare, Medicaid, and other business segments, supporting profitability teardowns, risk adjustment and quality analytics, cost‑of‑care analysis, growth strategy, and the optimization of risk‑based healthcare businesses. You will work closely with clients as part of cross‑functional teams to address critical strategic priorities and transform how decisions are made. By combining actuarial rigor, advanced analytics, and strategic problem solving, you will help healthcare organizations build lasting capabilities, accelerate growth, improve quality of care, and create greater value for the populations they serve.

YOUR GROWTH

Driving lasting impact and building long‑term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward. In return for your drive, determination, and curiosity, we’ll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues at all levels will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you’ll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won’t find anywhere else. When you join us, you will have: Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast‑paced learning experience, owning your journey. A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes. Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm's diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences. World‑class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well‑being for you and your family.

YOUR QUALIFICATIONS AND SKILLS

University degree with excellent academic record ASA or FSA designation 5+ years of work experience driving business results Health insurance experience is highly preferred Experience with database coding via SQL, Teradata or Python Experience in segmentation analysis and world‑class product pricing Demonstrated ability to apply analytic approaches (e.g., actuarial, statistical, data) to create meaningful and measurable business impact Strong project management skills; flexibility and ability to manage multiple assignments in a dynamic, complex and fast‑paced environment Proven record of leadership Ability to work collaboratively in a team environment; ability to work effectively with people at all levels in an organization Willingness to travel (50‑70%) Please review the additional requirements regarding essential job functions of McKinsey colleagues.

COMPENSATION & BENEFITS

FOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law. Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role. To help you understand what you can expect, the salary range for new joiners in this role in United States, including all office locations where the job may be performed, is $192,000 - $192,000 USD gross per year. This reflects our best estimate of the lowest to highest salary for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion and based on factors such as individual and/or organizational performance. Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families. This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance, and paid time off. FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details regarding our global EEO policy and diversity initiatives, please visit our McKinsey Careers and Diversity & Inclusion sites. #J-18808-Ljbffr McKinsey & Company