USI Insurance Services · 2 days ago

Consulting Actuary - Employee Benefits

Charleston, SC

Full-time

Remote

Senior Level, Lead/Staff

10+ years exp

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Commercial InsuranceConsulting

Growth Opportunities

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Responsibilities

Act as a resource for sales executives. Develop strategic plans and solutions for prospects and larger clients.

Work closely with service team members to ensure clients’ strategic objectives are clearly articulated. Deliver proactive solutions.

Work with prospects and larger clients to provide expert underwriting review and technical insight. Provide guidance on financial concepts, financial solutions, and other analytical materials.

Understand and expertly explain external market influences and internal experience trends driving benefit costs to clients.

Participate in finalist sales presentations for prospective clients. Lead company financial analysis and discussions.

Use and present data analytics tools, including demonstrations, as needed.

May analyze and prepare financial reporting packages for larger clients. Reporting packages may include: Claims utilization, trend, and lag analyses, Rate and Contribution analysis and modeling, Market analysis, Financial funding analysis, Renewal rate and funding projections and modeling, Technical claims review with utilization metrics, gaps in care and cost modeling, Benchmarking, IBNR and lag analyses.

Utilize analytical tools to develop alternative funding and network strategies, plan design modeling, and cost reduction opportunities.

Perform technical review of group insurance contracts and financial arrangements.

Provide leadership responsibilities as identified by Team Lead. Includes independent development of tools and processes and research and development of future best practices.

Assist with development of team standards and processes.

Assist with training and mentorship of junior team members.

Maintain analytical skill set and knowledge to act as a resource for the team.

Participate in the peer review process as a participant and reviewer. Mentor all level analysts via their reviewed work.

Develop and maintain excellent carrier relationships.

Keep current on industry and new product information, legislation, technology, and trends.

Qualification

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Employee Benefits ExperienceLife & Disability Insurance LicenseFinancial AnalysisData Analytics ToolsAdobe ProficiencyMicrosoft Office Proficiency