Sr. Associate Actuary - Healthcare
$120k - $140kPublic Consulting Group
Public Consulting Group LLC (PCG) is a leading public sector solutions implementation and operations improvement firm that partners with health, education, and human services agencies to improve lives. Founded in 1986, PCG employs approximately 2,000 professionals throughout the U.S.—all committed to delivering solutions that change lives for the better. The firm is a member of a family of companies with experience in all 50 states, and clients in three Canadian provinces and Europe. PCG offers clients a multidisciplinary approach to meet challenges, pursue opportunities, and serve constituents across the public sector. To learn more, visit Associate Actuary to support PCG's Actuarial Services team within the Health practice.
Duties & Responsibilities
- Lead complex actuarial and financial consulting engagements for government agencies, health plans, and public-sector clients.
- Develop actuarial models, financial forecasts, and scenario analyses to evaluate the fiscal impact of policy, programmatic, and benefit design changes.
- Analyze claims, encounter, utilization, cost, and financial data to identify trends, cost drivers, risks, and opportunities for improvement.
- Support Medicaid reimbursement studies, provider rate setting, value-based payment initiatives, and healthcare financing projects.
- Perform actuarial analyses related to employee benefits,, reserve adequacy, and healthcare program sustainability.
- Develop actuarially sound rate methodologies and evaluate reimbursement models, including fee-for-service, capitation, bundled payment, and alternative payment arrangements.
- Prepare technical reports, actuarial memoranda, financial projections, and executive-level presentations that communicate complex findings to non-technical audiences.
- Advise clients on regulatory, legislative, and policy developments affecting healthcare financing, employee benefits, and public-sector programs.
- Lead client meetings, support business development efforts, and contribute to proposal development and thought leadership activities.
- Mentor actuarial analysts and consultants, providing technical guidance, quality review, and professional development support.
- Ensure work products comply with applicable actuarial standards of practice (ASOPs), professional guidance, and internal quality assurance processes.
Required Skills
- Expert knowledge of actuarial principles, healthcare financing, financial modeling, and statistical analysis.
- Strong experience applying actuarial methods to healthcare, employee benefits, Medicaid, Medicare, or other public-sector programs.
- Ability to lead complex projects with significant independence and exercise sound professional judgment.
- Advanced analytical, problem-solving, and quantitative modeling capabilities.
- Strong written and verbal communication skills, with the ability to translate technical concepts into actionable recommendations.
- Demonstrated leadership, project management, mentoring, and team development skills.
- Proficiency with actuarial modeling, forecasting, and data analysis tools.
Education
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Data Analytics, or a related field required.
Experience
- 5+ years of actuarial or healthcare financial consulting experience.
- Experience supporting public-sector healthcare, employee benefits, Medicaid, Medicare, provider reimbursement, or health plan engagements preferred.
Certification
- Associate or Fellow of the Society of Actuaries (ASA/FSA)
Working Conditions
- Remote
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The above is intended to describe the general contents and requirements of work being performed by people assigned to this classification. It is not intended to be construed as an exhaustive statement of all duties, responsibilities or skills of personnel so classified.
Compensation:
Compensation for roles at Public Consulting Group varies depending on a wide array of factors including, but not limited to, the specific office location, role, skill set, and level of experience. As required by applicable law, PCG provides a reasonable range of compensation for this role. In addition, PCG provides a range of benefits for this role, including medical and dental care benefits, 401k, PTO, parental leave, bereavement leave.
$120,000 - $140,000
PCG does not sponsor newly hired foreign national workers for work authorization, including H-1B sponsorship.
EEO Statement:
Public Consulting Group is an Equal Opportunity Employer dedicated to celebrating diversity and intentionally creating a culture of inclusion. We believe that we work best when our employees feel empowered and accepted, and that starts by honoring each of our unique life experiences. At PCG, all aspects of employment regarding recruitment, hiring, training, promotion, compensation, benefits, transfers, layoffs, return from layoff, company-sponsored training, education, and social and recreational programs are based on merit, business needs, job requirements, and individual qualifications. We do not discriminate on the basis of race, color, religion or belief, national, social, or ethnic origin, sex, gender identity and/or expression, age, physical, mental, or sensory disability, sexual orientation, marital, civil union, or domestic partnership status, past or present military service, citizenship status, family medical history or genetic information, family or parental status, or any other status protected under federal, state, or local law. PCG will not tolerate discrimination or harassment based on any of these characteristics. PCG believes in health, equality, and prosperity for everyone so we can succeed in changing the ways the public sector, including health, education, technology and human services industries, work.
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