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About the Role

The Health Actuary - Analyst III will manage client projects focused on employer health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations. This role involves creating client deliverables, directing junior analysts, serving as a financial client contact, and presenting deliverables in partnership with senior team members.

Responsibilities

Manage client projects focused on employer health benefits strategies
Perform financial projections
Assist with carrier selection
Optimize plan design
Set employee contributions
Conduct IBNP valuations
Perform benchmarking
Support well-being initiatives
Manage renewal negotiations
Create client deliverables
Provide direction to junior analysts
Serve as a financial client contact
Present deliverables to clients in partnership with senior team members

Requirements

2-5 years of relevant work experience in consulting, insurance, finance, human resources or accounting
Excellent analytical skills
Experience in data analysis or financial modeling
Excellent written and oral communication skills
Proven project management skills
Creative problem-solving abilities

Skills

Actuarial consulting
Healthcare actuarial consulting
Data analysis
Financial modeling
Project management
Problem-solving
Presenting technical concepts to a non-technical audience

Location

New York

Work Type

Hybrid

Experience Level

Analyst III
2-5 years

Education Level

BA/BS degree in actuarial science, math, finance, economics or related field
Two or more actuarial exams passed preferred
One or two exams away from earning ASA designation

Salary/Compensations

$73,500 to $147,000

Benefits

Multiple medical, dental, and vision plans with choices to fit all needs and budgets
Benefits coverage starting Day 1
Discounts on products and services
Health and welfare benefits
Tuition assistance
401K savings and other retirement programs
Employee assistance programs

About the Company

Mercer makes a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers.
Mercer is the global leader in human resources consulting.
Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries.
Marsh has annual revenue of over $27 billion and more than 95,000 colleagues.
Marsh helps build the confidence to thrive through the power of perspective.

Equal Opportunity

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.
If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh.com.
All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.
Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.