Actuarial Analyst

Reposted 12 Days Ago
Be an Early Applicant
Sugar Bush, MN, USA
In-Office
Entry level
Fintech • HR Tech • Insurance • Consulting
The Role
As an Actuarial Analyst, you will develop analytical tools, analyze healthcare data, and model financial impacts of medical costs for clients.
Summary Generated by Built In
Company:Marsh McLennan Agency

Description:

Actuarial Analyst

Our not-so-secret sauce.

Award-winning, inclusive, Top Workplace culture doesn’t happen overnight. It’s a result of hard work by extraordinary people. The industry’s brightest talent drive our efforts to deliver purposeful work and meaningful impact every day. Learn more about what makes us different and how you can make your mark as an Actuarial Analyst at MMA.

Marsh McLennan Agency (MMA) provides business insurance, employee health & benefits, retirement, and private client insurance solutions to organizations and individuals seeking limitless possibilities. With offices across North America, we combine the personalized service model of a local consultant with the global resources of the world’s leading professional services firm, Marsh (NYSE: MRSH).

A day in the life.

As our Actuarial Analyst on the Employee Health & Benefits team, you’ll be responsible for analytical tool development and support to a variety of stakeholders, both internally and externally with our clients. You will work with a team of clinical and benefit advisors to develop strategic approaches for our clients based on clinical and actuarial data.  This position will be integral in all aspects of analysis and modeling of clients’ medical and pharmacy costs and their drivers. In addition, this position will be heavily involved in modeling and communicating the financial impact of changing medical and/or pharmacy networks with our locally developed pricing models that support Marsh McLennan Agency nationally. You may also have occasional travel throughout the Mid-Atlantic region, as needed.

Our future colleague.

We’d love to meet you if your professional track record includes these skills:

  • Bachelor’s degree in mathematics, statistics, economics, or a related field required.
  • Strong analytical skills demonstrated through coursework and experience.
  • Completion of at least one actuarial exam is strongly preferred.
  • Energetic, self-motivated, and committed; consistently shows initiative and follows through on projects to meet deadlines while working independently.
  • Effective communication, persuasion, writing, and editing skills with attention to detail; reviews and revises work as needed.
  • Proficient in computer applications, including Excel, Word, and PowerPoint, as well as data management and database tools; skilled in using the Internet for business research and communication.
  • Identifies and implements new processes to enhance company efficiency and effectiveness.
  • Legal work authorization to work in the U.S. on a permanent and ongoing basis without the need for sponsorship now or in the future

These additional qualifications are a plus, but not required to apply:

  • Current Life & Health licensure or ability to obtain within 90 days of employment
  • Prior broker experience

We know there are excellent candidates who might not check all of these boxes. Don’t be shy. If you’re close, we’d be very interested in meeting you.

Valuable benefits.

We value and respect the impact our colleagues make every day both inside and outside of work. Our culture promotes colleague well-being through robust benefits programs and resources, professional and personal development opportunities, and fulfillment through meaningful work.

Some benefits included in this role are:

  • Generous time off, including personal and volunteering
  • Tuition reimbursement and professional development opportunities
  • Hybrid work, minimum of 3 days in local office
  • Charitable contribution match programs
  • Stock purchase opportunities

To learn more about a career at MMA, check us out our website or flip through recruiting brochure.

Follow us on social media to meet our colleagues and see what makes us tick:

  • Instagram
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  • LinkedIn

Who you are is who we are.

We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. We are always seeking those with ethics, talent, and ambition who are interested in joining our client-focused teams.

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, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected]

#MMAEHB

#MMAMID

#LI-Hybrid

Skills Required

  • Bachelor's degree in mathematics, statistics, economics, or a related field
  • Strong analytical skills demonstrated through coursework and experience
  • Completion of at least one actuarial exam
  • Effective communication, persuasion, writing, and editing skills
  • Proficient in computer applications, including Excel, Word, and PowerPoint

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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