Senior Actuarial Health & Benefits Consultant

1 Month ago • 5 Years +

Job Summary

Job Description

The Senior Actuarial Health & Benefits Consultant will lead consulting engagements for employers regarding their medical, dental, life, and disability benefit plans. Responsibilities include leading client engagements, developing benefits design strategies, communicating industry trends, managing revenue, generating sales, and reviewing actuarial valuations. The role requires at least 5 years of experience in health care benefits and fluency in English and French. This position is hybrid, requiring at least three days a week in the office.
Must have:
  • BA/BS degree in mathematics, statistics, finance, or related field.
  • Previous experience with large consulting firms dealing with major accounts.
  • Fellow of the Society of Actuaries / AMF license (or in process).
  • 5+ years experience in health care benefits solutions.
  • Expertise and industry reputation in health & benefits field.
  • Fluency in English and French.
Good to have:
  • Strong sales and marketing skills.
  • Superior analytical and mathematical skills.
  • Proven management skills in leading large, complex projects.
Perks:
  • Professional development opportunities.
  • Interesting work and supportive leaders.
  • Vibrant and inclusive culture.
  • Range of career opportunities, benefits and rewards to enhance well-being.

Job Details

Company:

Mercer

Description:

We are seeking a talented individual to join our H&B Consulting team at Mercer as a Senior Actuarial Health & Benefits Consultant. This role will be based in Montreal, Quebec City, or Ottawa. This is a hybrid role that has a requirement of working at least three days a week in the office.

The Health Consultant will lead consulting engagements with 500+ life employers regarding their medical, dental, life, disability benefit plans and programs. This role will also negotiate with benefits carriers and vendors to secure health and welfare plan coverage for these employers. As Consultant, you will contribute to business development opportunities for the Montreal Market

We will count on you to:

  • Leading (or co-leading) complex client engagements, including managing overall service delivery, financial evaluations, plan design, renewals, business placement, benchmarking and other studies.
  • Developing sophisticated benefits design and renewal strategies and drive the development of tools and solutions to address complex client issues.
  • Effectively communicate Mercer's position on latest industry trends to clients.
  • Being accountable for revenue/profitability for client accounts and projects.
  • Generating sales by expanding revenues from existing clients and by leading prospecting efforts with new clients.
  • Setting strategic direction that creates demand for new products/services in the marketplace.
  • Review works related to the actuarial valuation of the obligation and expenses related to post-employment retirement benefits and / or post-employment benefits - using Canadian, U.S. and/or international accounting standards and according to the Mercer standards;

What you need to have: 

  • BA/BS degree in mathematics, statistics, finance or a related field.
  • Previous experience with large consulting firms dealing with major accounts.
  • Fellow of the Society of Actuaries / AMF license (or the process of obtaining)
  • At least 5 years’ experience in identifying, designing, recommending and implementing efficient, innovative business solutions to clients' complex health care benefits challenges.
  • Expertise and industry reputation in the health & benefits field.
  • Fluency in English and French as the incumbent must communicate with bilingual employees and clientele across Canada.

What makes you stand out:

  • Strong, innovative sales and marketing skills plus the ability to market organizational strengths successfully.
  • Superior analytical and mathematical skills, strategic planning, communication, and listening skills.
  • Proven management skills in leading large, complex projects.

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, 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, or any other characteristic protected by applicable law. In accordance with applicable legislation, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need please contact reasonableaccommodations@mmc.com

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.

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About The Company

Marsh McLennan (NYSE: MMC) is the world's leading professional services firm in the areas of risk, strategy and people. The Company's 76,000 colleagues advise clients in over 130 countries. With annualized revenue approaching $17 billion, Marsh & McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh advises individual and commercial clients of all sizes on insurance broking and innovative risk management solutions. Guy Carpenter develops advancedrisk,reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations meet the health, wealth and career needs of a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients.

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