Senior Actuarial Analyst - Employee Health & Benefits

About the role

Marsh McLennan Agency (MMA) is hiring a Senior Actuarial Analyst for its Employee Health & Benefits team in Raleigh. The role combines hands-on modeling, collaborative problem solving and clear communication, building and maintaining analytical tools and locally developed pricing models used nationally to evaluate medical and pharmacy plans.

Key responsibilities

• Analyze drivers of clients' medical and pharmacy costs, prepare projections and quantify the financial impact of network or plan design changes.
• Translate complex clinical and actuarial data into actionable insights and deliverables for account teams and client stakeholders.
• Partner with Account Management, Benefit Advisors and clinical specialists to develop strategies aligned with client objectives, advise on recommendations, review results and support implementation discussions.
• Oversight and mentorship of actuarial analysts, and support of the Director of Actuarial Services in analytical and strategic decisions.
• Possible occasional travel within the Mid-Atlantic region to meet clients or colleagues in person.

Required profile

• Bachelor's degree in mathematics, statistics, economics or a closely related field.
• At least 2 years of actuarial experience with a healthcare and/or insurance focus, and completion of at least 4 SOA exam requirements.
• Legal work authorization to work in the U.S. permanently and without sponsorship now or in the future.
• Additional qualifications that are a plus but not required: current Life & Health licensure or ability to obtain it within 90 days, and prior broker experience.

Required skills

• Strong analytical and problem-solving skills, with demonstrated ability to develop models, manage data and make recommendations.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Excel, Word, PowerPoint and common data management/database applications.

What we offer

• Generous time off, including personal and volunteering time.
• Tuition reimbursement and professional development opportunities.
• Hybrid work, with a minimum of 3 days in the office.
• Charitable contribution match programs and stock purchase opportunities.