Client looking to add a Healthcare Actuarial Consultant. The candidate will work with senior actuaries and consultants within the Healthcare Consulting Services practice on the health and benefit programs of mid-size clients.
Duties:
· Perform actuarial valuations, including development of retiree-specific claims costs, following applicable accounting standards and actuarial standards of practice, including ASC 715-60, GASB 75, and Statutory accounting
· Analyze financial implications associated with active and retiree health benefits programs, including actuarial cost projections for alternative plan designs, contribution strategies, and plan administration
· Develop active and retiree-specific premium equivalent rates for budgeting and COBRA administration
· Develop claims reserves for self-insured plans
· Utilize valuation software and programming as well as Microsoft Office suite
· Utilize standardized spreadsheet tools and develop customized models for special projects
· Interface with clients and communicate resulting analysis both verbally and via written reports
Qualifications:
· Minimum of a Bachelor’s degree from an accredited college or university with a major in Mathematics, Statistics, Actuarial Science, Economics or other related field
· Significant progress towards completion of Society of Actuaries designation; ASA/FSA preferred
· Minimum 5 years experience with retiree health valuation experience preferred
· Knowledge of Health & Welfare plan design, pricing strategies, and competitive market practices
· Strong analytical, technical, and problem solving skills
· Excellent communication skills and client service mentality
· Attention to detail, organization, and ability to prioritize in a rapidly changing environment
· Ability to manage multiple projects simultaneously and produce high-quality deliverables in a timely manner
· Conscientious, self-motivated, and able to work independently as well as collaboratively with a team
· Project management experience and aptitude to train, mentor, and review work of entry level actuarial analysts