Health Actuary Consulting Manager

About the role

Join Deloitte's Human Capital practice and help organizations navigate complex challenges across the healthcare ecosystem. As an Actuarial Manager, you will apply actuarial, strategic, and analytical experience to help clients evaluate business issues, improve decision-making, and support transformation in a rapidly evolving market. This role offers the opportunity to work on high-impact engagements spanning the entire healthcare landscape and product types, focused on pricing, underwriting, forecasting, reserving, and value-based care.

Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions.

Responsibilities

• Lead actuarial modeling and analysis to assess the impact of trend changes in the healthcare landscape, review plan design changes and pricing decisions, and enterprise cost strategies for health plan and insurance clients.
• Review and apply trend forecasting, predictive modeling, underwriting, and risk analysis methodologies to support client decision-making.
• Advise clients on alternative plan designs, reimbursement models, and value-based care strategies, including analysis of return on investment for medical management initiatives.
• Support reserve analyses related to healthcare liabilities, including work performed in connection with Deloitte & Touche audit engagements.
• Develop presentations, reports, and recommendations for senior client stakeholders and Deloitte leadership while leading teams across engagements.

Skills

• Ability to work independently and collaborate as part of a team.
• Effective written and verbal communication skills.
• Meticulous attention to detail and quality of work product.
• Ability to build and sustain professional relationships.
• Ability to lead projects or workstreams.
• Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment.
• Strong interpersonal skills and professional demeanor.
• Ability to meet deadlines.
• Ability to mentor and provide clear guidance to others.

About the team

Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.

Qualifications

Required:

• Bachelor's degree.
• 6+ years of health actuarial experience.
• Passage of 5 actuarial exams.
• Ability to travel 50%, on average, based on the work you do and the clients and industries/sectors you serve.
• Limited immigration sponsorship may be available.

Preferred:

• 6+ years of consulting, health plan, or insurance company experience.
• 4+ years of experience leading teams.
• Associate of the Society of Actuaries (ASA) with progression to Fellow of the Society of Actuaries (FSA), FSA, or career ASA designation.
• 4+ years of experience with product design or product strategy.
• 4+ years of experience with reimbursement models, including value-based care or accountable care organization (ACO) modeling.
• 4+ years of experience with risk adjustment mechanisms, group insurance products, mergers and acquisitions, or healthcare reform involving individual medical, small group, or state Medicaid markets.

Pay

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. A reasonable estimate of the current range is $148,200 to $292,300.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.