Health Plan Actuary Analyst

At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We create exciting and rewarding futures for our clients and their employees—whether we’re designing affordable health plans, securing finances for retirement, or aligning employees with workforce strategy. Capitalizing on analysis and insights as catalysts for change, we anticipate and understand the impact of business decisions, now and in the future. Our holistic view and deep expertise allow us to see client needs through a lens of innovation and impact, and every idea and solution we offer reflects that perspective.

Health Actuary - Analyst III (location: The Health & Benefits (H&B) actuarial consulting analyst is responsible for managing client projects that focus on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well‑being initiatives, and renewal negotiations.

The analyst will create client deliverables, provide direction to junior analysts, serve as a financial client contact, and present deliverables to clients in partnership with senior members of client teams.

Top‑notch benefits: multiple medical, dental, and vision plans with choices to fit all needs and budgets—benefits coverage starting Day 1.

2‑5 years of relevant work experience in consulting, insurance, finance, human resources or accounting.

BA/BS degree in actuarial science, math, finance, economics or related field.

Two or more actuarial exams passed (preferred).

Excellent analytical skills—experience in data analysis or financial modeling.

Proven project‑management skills and creative problem‑solving abilities.

Work experience in actuarial consulting, especially within healthcare.

Demonstrated ability to independently manage multiple complex projects simultaneously.

The base pay offered will be determined based on experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. In addition to base salary, this position may be eligible for performance‑based incentives.

We offer a competitive total rewards package that includes health and welfare benefits, tuition assistance, 401(k) savings and other retirement programs, as well as employee assistance programs.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.