Health Actuary Senior Consultant

Join Deloitte's Human Capital practice and help organizations navigate complex challenges across the healthcare ecosystem. Apply actuarial, strategic, and analytical experience to help clients evaluate business issues, improve decision-making, and support transformation in a rapidly evolving market.

About the role

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, addressing complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle challenging workforce issues and align talent strategies with strategic visions.

Responsibilities

• Provide strategic and technical consulting services to health plans, providers, pharmacy benefit managers, and federal and state government clients.
• Lead teams that evaluate the strategic direction of health insurers, including pricing, market entry, network strategy, and cost of care initiatives to drive performance.
• Develop structured query language (SQL) models to price health plan benefit changes, network changes, or other detailed claims analytics.
• Review Medicare Advantage and Part D bid submissions for accuracy and consistency.
• Model lapse and retention rates and prepare results for client review.
• Build return on investment models for medical management and other health plan initiatives.
• Prepare incurred but not reported (IBNR) modeling spreadsheets for audit reviews.
• Support project management activities, including work plans, reports, and client presentations.

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 provide clear guidance to others.

The Team

Our Insights, Innovation & Operate Offering enhances key aspects of 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.
• 4+ years of health actuarial experience.
• Successful completion of 4 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:

• 4+ years of experience in consulting, health plans, or insurance companies.
• 4+ years of experience in underwriting and healthcare finance.
• 2+ years of experience in project management, presentations, and facilitation.
• 2+ years of experience using Microsoft Office products, including Word, Excel, and PowerPoint.

Pay

The wage range for this role takes into account factors such as skill sets, experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for geographic differential. A reasonable estimate of the current range is $128,000 to $252,500. You may also be eligible to participate in a discretionary annual incentive program, subject to program rules, where an award depends on various factors including individual and organizational performance.