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Principal Lead Health Actuary Consultant

$124k - $203.8k

Oliver Wyman

Principal Lead Health Actuary ConsultantWe are seeking an experienced individual to join our Actuarial and Financial Consulting team, part of our People and Investments business at Marsh. This role will be based in any of our US office locations. This is a hybrid role that has a requirement of working at least three days a week in the office.As a Principal Lead Health Actuary Consultant you will manage client projects focused on employers' health benefits strategies, including financial projections, plan design optimization, and renewal negotiations. You will also serve as a primary financial contact for clients while providing direction to analysts and associates.We will count on you to:Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewals, business placement, benchmarking, and other projects related to underwriting health and welfare insurance.Review data analyses conducted by junior staff to ensure actuarial accuracy, proper use of models, and support their professional development.Perform and review complex analyses and cost projections using tools like Excel, SAS, and other software, with potential specialization in healthcare-related insurance areas.Thrive and be motivated by an environment that embraces AI and technology-enabled tools.Draft and review client reports and presentations to summarize findings, recommend strategies, and propose solutions or plan designs.Handle day-to-day client interactions, resolve project-related questions, and guide junior team members in client management.Assist senior team members in business development efforts by identifying growth opportunities and supporting responses to proposals.Contribute to the development of intellectual capital and expand knowledge of health insurance actuarial services and products.What you need to have:BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.Minimum 10+ years' experience working in an actuarial field, with health and benefits consulting experienceProven progress to obtaining your ASA designationClient facing experienceStrong analytical skills and working knowledge of Microsoft Office—Word, Excel, and PowerPoint.What makes you stand out:Experience in health benefits actuarial consulting.ASA credentialedWhy join our team:We help you be your best through professional development opportunities, interesting work, and supportive leaders.We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have an impact for colleagues, clients, and communities.Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.Application will posted through October 1.The applicable base salary range for this role is $124,000 to $203,800The 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. Oliver Wyman

Vacancy posted 4 days ago
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