Sr. Lead Health Actuary Consultant

About the role

This hybrid role (minimum of 3 days in the office) can be located across Mercer’s office locations in the United States. As a Senior Lead Health Actuarial Consultant, you will manage client projects focused on employers' health benefits strategies, including financial projections, plan design optimization, and renewal negotiations. You will also serve as a primary financial contact for clients while providing direction to analysts and associates.

Responsibilities

• Lead routine client engagements, managing overall service delivery, strategy, financial evaluations, plan design, renewals, business placement, benchmarking, and other projects related to underwriting health and welfare insurance.
• Review data analyses conducted by junior staff to ensure actuarial accuracy, proper use of models, and support their professional development.
• Perform and review complex analyses and cost projections using tools like Excel, SAS, and other software, with potential specialization in healthcare-related insurance areas.
• Draft and review client reports and presentations to summarize findings, recommend strategies, and propose solutions or plan designs.
• Handle day-to-day client interactions, resolve project-related questions, and guide junior team members in client management.
• Aid senior team members in business development efforts by identifying growth opportunities and supporting responses to proposals.
• Contribute to the development of intellectual capital and expand knowledge of health insurance actuarial services and products.

Requirements

• BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field required.
• Minimum 10+ years’ experience working in an actuarial field, with health and benefits consulting experience.
• Proven progress to obtaining your ASA designation.
• Client facing experience.
• Strong analytical skills and working knowledge of Microsoft Office—Word, Excel, and PowerPoint.

Qualifications

• Experience in health benefits actuarial consulting.
• ASA credentialed.

Skills

• Experience with AI and technology-enabled tools.

Benefits

• The applicable base salary range for this role is $117,000 to $175,000.
• Decisions will be determined on a case-by-case basis based on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements.
• In addition to the base salary, this position may be eligible for performance-based incentives.

Pay

The applicable base salary range for this role is $117,000 to $175,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis.

Schedule

This role is a hybrid position, requiring a minimum of 3 days in the office per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.