Consulting Actuary-Insurance

Position Summary

The Consulting Actuary – Healthcare Risk & Insurance Strategy partners with executive leadership, Risk Management, Finance, and Legal to provide actuarial analysis and strategic advice related to professional liability, general liability, workers’ compensation, property, cyber, and other enterprise risks.

This role supports insurance program design, captive and self-insured structures, reserve adequacy, reinsurance strategy, and loss forecasting for a complex hospital and healthcare delivery organization.

The Consulting Actuary plays a critical role in translating historical loss experience and emerging risk trends into actionable financial, insurance, and enterprise risk decisions.

Key Responsibilities

• Actuarial Analysis & Reserving
• Perform actuarial analyses for medical professional liability, general liability, workers’ Compensation, and Other Self-insured or Partially Insured Programs
• Estimate ultimate losses, IBNR, and loss development factors using accepted actuarial methods
• Support annual and quarterly reserve reviews in coordination with Finance and external actuaries and auditors
• Insurance & Captive Strategy
• Advise on insurance program structure, retentions, limits, deductibles, and reinsurance placement
• Support captive insurance company analysis, funding strategies, and long-term sustainability
• Evaluate alternative risk transfer mechanisms and emerging risk financing approaches
• Enterprise Risk & Forecasting
• Model the financial impact of catastrophic events, systemic losses, and tail-risk scenarios
• Serve as an expert resource for Legal, Compliance, and Claims leadership on loss trends and exposure analysis

Qualifications

• Fellow or Associate of the Casualty Actuarial Society (FCAS or ACAS)
• 5+ years of actuarial experience, with significant healthcare exposure
• Deep experience with medical malpractice and healthcare liability programs
• Strong analytical, modeling, and communication skills

Preferred:

• Captive insurance or self-insurance program experience
• Familiarity with enterprise risk management and business continuity concepts