Health Actuary

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Actuary- Health

Risk & Regulatory Consulting, LLC

Position Overview

As an Actuarial Consultant you will work with a team of industry professionals on regulatory consulting and other insurance industry engagements.  This position has opportunity for advancement as well as personal and professional growth.

Specific Duties and Responsibilities

(Responsibilities may vary slightly depending on seniority level)

Serve as health actuarial consultant on client engagements including; potential work on financial exams, rate filing reviews, special studies and research projects, adhere to project budget and timelines.

Requirements

• Bachelor's Degree in Mathematics, Actuarial Science, Economics, or Statistics; MBA and/or professional certification/s preferred
• Minimum of 5+ years professional experience in a state insurance department, health insurance company, financial services or consulting firm
• Prior consulting and/or regulatory experience is preferred
• ASA, FSA, MAAA designations strongly preferred
• Experience with Affordable Care Act (ACA) preferred, and ACA pricing is strongly preferred
• Experience with Medicare Supplement products is preferred
• Strong attention to detail with the ability to analyze complex information, identify inconsistencies, and produce accurate, high-quality work products.
• Knowledge of actuarial concepts including: health rating, underwriting, financial modeling and analysis, risk management, pricing, and reinsurance.
• Demonstrated intellectual curiosity and a proactive desire to learn, adapt, and develop expertise in new actuarial, regulatory, and industry topics.
• PC skills, including experience in using software for producing presentations, spreadsheets, and project planning (skills in Visual Basic, MS Excel, R programming/R-Studio, Python and other applications are a plus)
• Ability to communicate complex actuarial concepts clearly, concisely, and accurately to both technical and non-technical audiences.
• Excellent organizational skills and the ability to prioritize multiple tasks, projects and assignments
• Exceptional written communication skills, including the ability to prepare detailed, organized, and well-supported analyses, reports, and client deliverables.
• Must be self-motivated and possess a sense of urgency with a Natural curiosity and eagerness to continuously learn, ask thoughtful questions, and expand knowledge of the health insurance and regulatory environment.
• Ability to demonstrate ethical and professional standards as outlined by the Firm

Risk & Regulatory Consulting, LLC (RRC), an affiliate of RSM, is a national, leading professional services firm dedicated to providing exceptional regulatory services to clients. RRC offers services in the following regulatory areas: financial examinations, market conduct examinations, insolvency and receiverships, actuarial services and valuations, investment analysis, reinsurance expertise, market analysis and compliance, and special projects. RRC is a results-oriented firm committed to success that builds long-term relationships with its clients.  www.riskreg.com

At RSM, we offer a competitive benefits and compensation package for all our people. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

We believe flexibility and in-person connection both play an important role in how we work and grow. Most roles at RSM follow a hybrid workstyle, which means team members are aligned to an RSM office and come together in person when it best supports clients, teams, development or relationship-building. Some roles may be virtual or primarily on-site based on role requirements, team priorities and client needs.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law. 

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at [email protected].

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $112,100 - $225,500