Health Actuary – Analyst III

Marsh McLennan

Health Actuary - Analyst III managing client projects on health benefits strategies. The role involves financial projections, carrier selection, plan design, and more at Mercer.

Posted 6/19/2026full-timeSan Francisco • California, Colorado • 🇺🇸 United StatesJuniorMid-Level💰 $73,500 - $147,000 per yearWebsite

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

financial projectionscarrier selectionplan design optimizationemployee contribution settingIBNP valuationsbenchmarkingdata analysisfinancial modeling

Soft Skills

analytical skillswritten communicationoral communicationproject managementcreative problem-solving

Certifications & Qualifications

actuarial exams

Industry Keywords

consultinginsurancefinancehuman resourcesaccountingactuarial sciencematheconomics

About the role

Key responsibilities & impact

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
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

Requirements

What you’ll need

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
Excellent written and oral communication skills
Proven project management skills and creative problem-solving abilities

Benefits

Comp & perks

multiple medical, dental, and vision plans with choices to fit all needs and budgets
benefits coverage starting Day 1
discounts on products and services
tuition assistance
401K savings and other retirement programs
employee assistance programs