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