Actuarial Analyst – Health Practice
Are you a detail-oriented and analytical individual with a passion for the healthcare industry? Do you have a strong understanding of statistics and a drive to create innovative solutions? If so, we have an exciting opportunity for you as an Actuarial Analyst in the Health Practice at Marsh & McLennan Companies. As a global leader in insurance, risk management, and consulting services, we are seeking a talented individual to join our team and contribute to the success of our clients. This role requires a strong foundation in actuarial science, as well as excellent communication and problem-solving skills. If you are ready to take your career to the next level and make a positive impact in the healthcare field, apply now.
- Conduct statistical analysis and research to support the development of innovative solutions for healthcare clients.
- Collaborate with cross-functional teams to gather and analyze data, identify trends, and make recommendations for improving client outcomes.
- Utilize actuarial methods and principles to assess risk and develop pricing models for healthcare products and services.
- Create and maintain actuarial models and tools to accurately measure and forecast future healthcare costs.
- Communicate complex actuarial concepts and findings to non-technical stakeholders, including clients and internal team members.
- Stay up-to-date with industry trends and regulations to ensure compliance and provide strategic insights to clients.
- Assist with the development of new products and services, using actuarial expertise to drive innovation and competitive advantage.
- Collaborate with sales teams to support business development efforts, including preparing proposals and presenting to potential clients.
- Provide guidance and mentorship to junior analysts, sharing knowledge and best practices to support their professional growth.
- Continuously evaluate and improve actuarial processes and procedures to increase efficiency and accuracy.
Bachelor's Degree In Actuarial Science, Mathematics, Statistics, Or A Related Field.
Proficiency In Actuarial Software Such As Sas, R, Or Python.
At Least 2-3 Years Of Experience In Actuarial Analysis, Preferably Within The Health Insurance Industry.
Strong Analytical And Problem-Solving Skills, With The Ability To Interpret Complex Data And Provide Insights.
Excellent Communication Skills, Both Written And Verbal, To Effectively Present Findings And Recommendations To Clients And Internal Stakeholders.
Data Analysis
Statistical modeling
Pricing
Financial forecasting
Risk assessment
Predictive analytics
Cost Containment
Insurance Knowledge
Benefit Design
Actuarial Methods
Health Care Trends
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Actuarial Analyst – Health Practice in New York, NY, USA is between $70,000 and $110,000 per year. However, this can vary depending on factors such as experience, location, and employer. Some companies may offer higher salaries and additional benefits such as bonuses and healthcare benefits. Additionally, those with advanced degrees and certifications may be able to command higher salaries.
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Marsh & McLennan Companies, Inc. is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting.
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