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Senior Actuarial Consultant

Role overview

Qualifications

  • Bachelor's degree in mathematics, statistics, economics, or a related field
  • FSA/ASA designation
  • 15+ years of healthcare actuarial experience
  • Proficiency in SQL, R (RStudio), and Python or machine learning (a plus)

Responsibilities

  • Manage a diverse range of actuarial projects and serve as actuarial and strategic advisor to healthcare clients, owning overall client satisfaction and engagement success
  • Direct technical actuarial work on projects and assist in developing less experienced actuaries
  • Build the practice infrastructure by supporting internal initiatives that enhance foundational ways of working
  • Partner with leadership to build scalable and dynamic financial models and work processes, and maintain strong client relationships and cross-functional collaboration

About the company

Risk Strategies Company logo

Risk Strategies Company

Insurance Brokerage & Agencies

At Risk Strategies, we help our clients protect those things that matter most to them. We help them see the way forward in a complex world with specialty insight, practical advice, and custom insurance with a vast network of specialists in Property & Casualty, Employee Benefits, Private Client, as well as Consulting Services and Financial and Wealth Management solutions. We are a different kind of insurance brokerage – bringing a strategic, holistic, specialist approach to our clients, so they can face the future with confidence. We are the 9th largest privately held insurance broker in the US with over 30 specialty practices, 150+ locations, and 5,000 team members (and counting!). We love what we do, and it shows. We’ve been recognized as a 'best place to work' for many years running, and we’re excited about our future. Risk Strategies is an Accession Risk Management Group company, a family of specialty insurance distribution and risk management companies powered by a shared vision of delivering a superior client and employee experience.

Company details

Company typeXLarge
IndustryInsurance Brokerage & Agencies
Company size5001 - 10000

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Job description

We are seeking a dynamic and experienced actuarial professional to assist with the continued development of our actuarial team and enhance RSC’s support for our client’s healthcare initiatives and innovations. The ideal candidate will offer an extensive understanding of the healthcare landscape, including medical, pharmacy, stop loss, contracting and payor operations. This role demands a motivated self-starter with proven leadership skills, capable of thriving in a fast-paced, dynamic environment. The ideal candidate will excel in a matrixed environment, demonstrate creative actuarial and analytical capabilities, exceptional communication, interpersonal and organizational skills, and possess a proactive and resourceful approach to problem-solving. This role will be critical to delivering the RSC value proposition for our clients through innovation, technical expertise and highly effective and efficient execution which will directly impact the clients’ financial strategies and decisions.

Your Impact

  • Managing a diverse range of actuarial projects,
  • Serve as actuarial and strategic advisor to healthcare clients, owning overall client satisfaction and engagement success.
  • Direct technical actuarial work on projects and assist in the development of less experienced actuaries.
  • Assist in building the practice infrastructure by supporting internal initiatives that enhance the foundational ways of working.
  • Partnering with leadership to build scalable and dynamic financial models and work processes.
  • Assist in building and maintaining strong client relationships.
  • Develop and maintain effective cross-functional working relationships with other RSC teams to assure accurate, timely teamwork and project execution with assigned teams.

Successful Candidate Will Have

  • Bachelor’s degree in mathematics, statistics, economics, or a related field
  • FSA/ASA (Fellow of the Society of Actuaries or Associate of the Society of Actuaries) designation required.
  • 15+ years of healthcare actuarial experience. Experience in one or more of the following areas preferred:
    • Strong knowledge of commercial, and/or medical stop loss markets
    • Experience working with alternative risk vehicles such as captives and MEWAs
    • Commercial first dollar and stop loss reserving, pricing, underwriting and financial modeling expertise
    • Risk modeling and risk mitigation strategy experience for healthcare programs.
    • Assessment of care management and delivery effectiveness through predictive modeling, ROI analyses and other advanced modeling techniques
    • Traditional Health & Welfare actuarial and underwriting experience
  • Project / client / financial management experience
  • Understanding of healthcare databases and data sources (claims, encounters, labs, EMR etc.)
  • Proficiency in Microsoft Excel, Word, PowerPoint, and Access.
  • Experience with SQL, R (R, RStudio). Python or Machine learning (is a plus)

Risk Strategies is the 9th largest privately held U.S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 200 offices and more than 5,400 employees as part of the Accession Risk Management Group family of companies.

Industry recognition includes being certified a Great Place to Work in 2023 and on the Inc. 5000 list as one of America's fastest growing private companies. Risk Strategies is committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.

Pay Range:

$199,400 - $300,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for this role.

Risk Strategies is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about working at Risk Strategies by visiting our careers page: www.risk-strategies.com/careers.

Personal information submitted by California applicants in response to a job posting is subject to Risk Strategies' California Job Applicant Privacy Notice.

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Marcus Rivera

Chief Revenue Officer

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