Job
Description
We are seeking a talented individual to join our Health Actuarial team at Mercer. This role will be based in NCR. This is a hybrid role that has a requirement of working at least three days a week in the office. Associate Director - Actuarial (Health) We will count on you to: Works on basic to moderately complex actuarial/quantitative analysis projects with some guidance from senior project team members in order to assess and calculate costs, rates, risks and trends associated with underwriting health and welfare insurance brokering contracts, or projecting health care related costs. Projecting retiree medical costs using cost/enrolment data and providing advice on projected experience and valuation, accounting reporting and management of these liabilities Analysing the viability of group risk scheme and group medical scheme to insure benefits through a trust arrangement; providing clients with recommendations based on the analysis Project cashflow scenarios and simulations for Insurance and Reinsurance Funds (including Captives) and recommend optimal capital management strategies, including reinsurance limits Evaluating group risk and income protection benefits; making recommendations on how to manage future costs based on demographics Gathers, organizes, tests, and reviews client or vendor data for accuracy, validity, and reasonableness, and to identify any discrepancies. Performs basic and increasingly complex analyses and cost projections by using or modifying existing products, tools, and pricing models in Excel, SAS, and other software, with some input and feedback from senior project team members. Participates in the development of company's intellectual capital in order to develop knowledge of health insurance actuarial services and products. Proactively managing all stakeholders; which include internal and external clients What you need to have: Strong analytical skills, both quantitative and qualitative Working knowledge of Microsoft Office—Word, Excel, and PowerPoint—and advanced programming skills are a plus (e.g. R, Python, SAS and SQL) Knowledge of data analysis, project management, and presentation design Excellent interpersonal, verbal, and written communication skills Intellectual curiosity; seeking opportunities to develop new skills Ability to work in teams and be flexible to work under tight deadlines and changing client needs Superior organizational skills and strong attention to detail Sound knowledge of process documentation, development of SOP, knowledge artefacts Ability to prioritize and handle multiple tasks in a demanding work environment. Graduation with Mathematics/Statistics/Actuarial Science or any subject with sizeable mathematical content Fully / Nearly qualified actuary preferably in health domain Minimum 12 years’ experience overall in actuarial services (domestic or international) What makes you stand out? Adaptable communicator, facilitator, influencer and problem solver High attention to detail Good relationship skills, proven ability to work on own initiative as well as in a team Stakeholder management mainly onshore stakeholders Adaptable communicator, facilitator and problem solver Ability to multi-task and prioritize time effectively Demonstrate quick learning skills Why join our team: We help you be your best through professional development opportunities, interesting work and supportive leaders. We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities. Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being. Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X. Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person. R_309328 Show more Show less
