Risk Consulting - Insurance and Actuarial Advisory Services (IAAS) - Health - Senior Consultant
$110.5k - $202.7kErnst & Young
Location: New York, Chicago, Philadelphia, Charlotte, Hartford, Minneapolis or Boston At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world. At EY, we’re all in to shape your future with confidence. We’ll help you succeed in a globally connected powerhouse of diverse teams and take your career wherever you want it to go. Join EY and help to build a better working world. Will you shape the future or will the future shape you? EY is the only professional services firm with a separate business unit, the Financial Services Organization (“FSO”), dedicated to the financial services marketplace. Our FSO teams have been at the forefront of every event that has reshaped and redefined the financial services industry. If you have a passion for rallying together to solve the most complex challenges in the financial services industry, come join our dynamic FSO team. The Opportunity Our actuarial advisers deliver creative and innovative thinking to high-profile health insurance and managed care companies nationwide, helping them make confident financial decisions aligned with their business goals. As a Senior in our Insurance and Actuarial Advisory Services (IAAS) Health team, you’ll be an actuary at the heart of that mission: leading engagement teams, working directly with clients, developing team members, and helping reimagine how actuarial work is delivered using AI and automation. Who thrives here Adaptability and curiosity: you’re comfortable with change, eager to learn, and excited to explore new ways of working, including how AI and automation can improve actuarial work. Collaboration and team leadership: you build strong relationships, share credit, and help develop the people around you. Communication and influence: you explain complex ideas clearly and persuade on technical subjects, in writing and in person. Ownership and delivery: you take initiative, manage risk, and follow through to high-quality outcomes. A problem-solving mindset: you break down complex problems and find practical, well-reasoned solutions. Your key responsibilities Claim liability estimation (reserving). Assumption setting and review for other health insurance actuarial balances (risk adjustment, contract reserves, and similar items). Actuarial opinion and regulatory services. Actuarial process redesign and software integration. Data visualization. Ad hoc financial reporting advice. You’ll also help reimagine how health actuarial work is done using AI and automation, and mentor and develop junior colleagues as you grow your own leadership. To qualify for the role, you must have Bachelor’s degree in actuarial science, mathematics, statistics, or a related field. Approximately 3+ years of experience in an actuarial position. Associate of the Society of Actuaries (ASA), actively pursuing Fellowship (FSA) with a technical emphasis on Group and Health Insurance. At least 2 years of experience with Excel, SAS, VBA and/or C++. A proven ability to manage time across multiple, often shifting projects, working both collaboratively and independently under pressure. What will set you apart Experience estimating health insurance unpaid claim liabilities, risk adjustment accruals, premium deficiency reserves, or other actuarial balances relating to health insurance financial reporting. At least 2 years of experience with Alteryx, Python, or other relevant programming languages. Previous consulting experience, or experience implementing new processes or procedures in a corporate environment. Why join this team IAAS is an apprenticeship-minded team that invests in your development. You’ll be paired with a counselor dedicated to your growth, learn from experienced actuaries, and take on increasing ownership and client leadership as you progress toward Fellowship. Our actuarial exam program supports your journey with paid study time, covered exam fees and materials, and rewards as you earn exams and credentials. What we offer you At EY, we’ll develop you with future-focused skills and equip you with world-class experiences. We’ll empower you in a flexible environment, and fuel you and your extraordinary talents in a diverse and inclusive culture of globally connected teams. We offer a comprehensive compensation and benefits package where you’ll be rewarded based on your performance and recognized for the value you bring to the business. The base salary range for this job in all geographic locations in the US is $110,500 to $202,700. The base salary range for New York City Metro Area, Washington State and California (excluding Sacramento) is $132,600 to $230,400. Individual salaries within those ranges are determined through a wide variety of factors including but not limited to education, experience, knowledge, skills and geography. In addition, our Total Rewards package includes medical and dental coverage, pension and 401(k) plans, and a wide range of paid time off options. Join us in our team-led and leader-enabled hybrid model. Our expectation is for most people in external, client serving roles to work together in person 40-60% of the time over the course of an engagement, project or year. Under our flexible vacation policy, you’ll decide how much vacation time you need based on your own personal circumstances. You’ll also be granted time off for designated EY Paid Holidays, Winter/Summer breaks, Personal/Family Care, and other leaves of absence when needed to support your physical, financial, and emotional well-being. EY | Building a better working world EY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories. EY provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/ expression, pregnancy, genetic information, national origin, protected veteran status, disability status, or any other legally protected basis, including arrest and conviction records, in accordance with applicable law. EY is committed to providing reasonable accommodation to qualified individuals with disabilities including veterans with disabilities. If you have a disability and either need assistance applying online or need to request an accommodation during any part of the application process, please call 1-800-EY-HELP3, select Option 2 for candidate related inquiries, then select Option 1 for candidate queries and finally select Option 2 for candidates with an inquiry which will route you to EY’s Talent Shared Services Team (TSS) or email the TSS at View email address on click.appcast.io. #J-18808-Ljbffr EY
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