Director, Actuarial Services
Marsh McLennan
full-time
Posted on:
Location Type: Hybrid
Location: Schaumburg • Illinois • United States
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Salary
💰 $115,000 - $214,500 per year
Job Level
About the role
- Lead and expand actuarial and financial analytics services
- Oversee actuarial compliance, regulatory reporting, and the development of proprietary models and analytics
- Unify and manage underwriting and actuarial teams, drive innovation, and enhance competitive position in the market
Requirements
- Minimum 10 years of actuarial experience in Health Insurance / Benefits Consulting, with proven ability to work in a matrixed environment with competing priorities.
- Leading, managing, and developing Actuarial and Underwriting teams, fostering a unified and collaborative environment
- Expertise in self-funded employee benefits, medical, Rx, stop loss, IBNR, and discount analysis as well as Overseeing actuarial compliance and regulatory reporting.
- Providing consultative support throughout the client lifecycle, assisting with prospective efforts, and supporting renewal negotiations
- Developing, validating, and innovating proprietary actuarial models, templates, and financial analyses
- Collaborating with Financial Analytics and other actuarial hubs to enhance cost projection processes and ensure actuarial soundness
- Bachelor’s Degree or equivalent work experience and an Associate or Fellow of the Society of Actuaries.
Benefits
- Medical, dental, vision, 401K benefits and more
- The flexibility to work at home or an office, based on your discretion and schedule
- Start with 20 days of paid time off
- A paid day off to volunteer and company-organized volunteer events
- Up to $1,000 per year in matching charitable donations
- Up to $750 per year in wellness rewards
- All the nitro cold brew coffee and sparkling water you can drink
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
actuarial experiencefinancial analyticsregulatory reportingproprietary modelsself-funded employee benefitsmedical analysisRx analysisstop loss analysisIBNR analysisdiscount analysis
Soft Skills
leadershipteam managementcollaborationinnovationconsultative supportmatrixed environmentfostering collaborationdriving competitive positionenhancing processessupporting negotiations
Certifications
Bachelor’s DegreeAssociate of the Society of ActuariesFellow of the Society of Actuaries