Marsh McLennan

Actuarial Health Manager – Valuation/Reserving

Marsh McLennan

full-time

Posted on:

Location Type: Hybrid

Location: New York CityCaliforniaMassachusettsUnited States

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Salary

💰 $100,000 - $160,000 per year

Tech Stack

About the role

  • Work alongside and learn from Oliver Wyman’s industry leaders and other consultants while contributing to a broad range of client projects
  • Interact with Oliver Wyman’s clients, which include top tier insurance companies, healthcare systems, regulatory agencies, large employers with captive programs, and private equity firms
  • Be part of a motivated and highly knowledgeable team
  • Engage in valuation and reserve development for medical and other A&H products
  • Conduct captive feasibility, funding, reserving, and risk/capital management
  • Provide merger and acquisition management and support
  • Carry out economic capital modeling and enterprise risk management
  • Provide regulatory support – financial examinations and review of mergers and acquisitions
  • Support of pricing, product development, strategy, and other project work performed within the health practice across all lines of business

Requirements

  • Bachelor’s or Master’s degree, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
  • Significant progress with actuarial exams, ASA/FSA preferred
  • 5+ years of actuarial experience in the actuarial field, preferably in the health insurance market or healthcare provider market
  • Exceptional organizational skills, with an ability to prioritize and handle multiple tasks in a fast-paced work environment
  • Project management skills
  • Track record of and desire for rapid learning, high performance, and professional growth
  • Excellent written and verbal communication skills, with the ability to build strong relationships with clients, colleagues, and industry stakeholders
  • Excellent time management skills
  • Understanding of the value of collaboration and the ability to work effectively in a team setting
  • Deep critical-thinking skills and problem-solving ability
  • Highly motivated individual and willingness to work in a dynamic environment
  • Strong skills with MS Excel, MS PowerPoint required
  • R, SAS, SQL, VBA, or other programming language experience a plus
Benefits
  • Competitive benefits
  • Paid time off for exam study and exam day
  • Financial support for materials
  • Reimbursement of exam costs
  • Salary increases subsequent to passing exams
  • First-time pass bonuses
  • Performance-based pay program with year-end bonuses
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
actuarial sciencevaluationreserve developmenteconomic capital modelingenterprise risk managementmerger and acquisition managementpricingproduct developmentstatistical analysisdata analysis
Soft Skills
organizational skillsproject managementcommunication skillstime managementcollaborationcritical thinkingproblem-solvingmotivationadaptabilityrelationship building
Certifications
ASAFSA