Senior Health Actuary at The Segal Company (Western States), Inc.

Posted in Admin - Clerical 30+ days ago.

Type: Full-Time
Location: Glendale, California





Job Description:

For nearly 80 years, Segal has been providing employee benefits, retirement plan investment advisory and human resources consulting for multiemployer trust funds, corporations and public sector organizations. Segal is an independent, privately and employee-owned firm. Our independence allows us to provide unbiased consulting services for our clients. Headquartered in New York City, Segal has offices throughout the United States and in Canada. We are a smaller organization that provides a more intense and broader exposure for development purposes within a culture that is highly collegial and team-oriented. You will work with colleagues who are smart, professional, talented and...nice people. We offer a competitive pay and benefits package that includes a defined benefit and matching 401(k) retirement plans.

We are recruiting for a Senior Health Actuary who will be responsible for performing as the lead Health Practice technical resource providing expertise in areas including such as modeling development and evaluation, rate setting, reserve calculations, plan/design analysis. The candidate may be based out of our San Francisco, Los Angeles, Phoenix, or Denver offices. 

Key Responsibilities:

The Health Actuary is responsible for performing as the lead Health Practice technical resource on select clients providing expertise in areas including modeling development and evaluation, rate setting, reserve calculations, plan/design analysis, prescription drug design and pricing and actuarial special projects.  This work involves both active and Medicare plans. The Health Actuary will work closely with other Health consultants to service client needs. 


  • Performing as the primary or secondary consultant on Health Practice projects related to financial/actuarial modeling, pricing/rating or underwriting and other actuarial work for clients.

  • Setting protocols for and reviewing claim cost analyses (including assumptions) during the preparation of health actuarial valuation report, plan design, budgeting, procurement, and regulatory issues.

  • Acting as a technical resource on Health and Welfare design, financing and managed care issues, providing colleagues both inside and outside the practice with actuarial perspective on relevant inquiries. Supporting actuarial consulting projects in other West Region offices (some travel may be required) to include: review and analysis of data, establishing or reviewing actuarial models, and supporting new business development efforts.

  • Contributing to the professional and technical development of the Health Practice including: continually developing and expanding own expertise; researching and keeping abreast of marketplace developments and trends; importing and disseminating information and knowledge regarding best practice concepts and/or approaches; contributing to the development of skills and abilities of colleagues and staff members; proactively identifying and attracting external talent to the practice, market and Company.

Key Requirements:


  • 9+ years of health actuarial experience and preferably health and welfare managed care experience within a consulting and/or professional service environment.

  • ASA or FSA and Member of the Academy of Actuaries credentials.

  • Corporate or insurance company experience may be acceptable provided the individual has consulting experience knowledge and skills that are immediately transferable to a consulting environment (i.e. project management, client service focus, strategic/creative problem solving, business advisory orientation to addressing plan design/technical aspects of health and welfare and managed care plans, etc.).

  • Expertise in pricing, rate setting, cost projections, reserve calculations and related issues for a variety of insurance coverages, including medical, pharmacy, dental, vision, life and disability.

  • Proficiency in Excel and Word.

  • Demonstrated project management skills.

  • Effective communicator (oral/written).

  • Collaborative work ethic with ability to interact effectively with a diverse audience, work independently and in teams.


 

Diversity, Equity & Inclusion at Segal:

We recognize that individuals bring a broad range of experience and abilities that go beyond the technical requirements of a job. If your experience and qualifications are close to what you see described here, we encourage you to apply. Diversity of employment, skills and life experience, combined with passion, are key to innovation and excellence. We encourage individuals, including but not limited to women, minorities, the disabled and protected veterans and those from all other backgrounds to apply to our positions. Please let us know if you require accommodation during the interview process and…thank you for considering Segal.

About Segal and its Total Rewards Program:

Segal is a privately owned, leading North American employee benefit, human resources and investment management consulting firm with over 80 years of history providing trusted advice that improves lives. Clients include public and private corporations, multiemployer trust funds, public sector entities, higher education institutions, institutional advisors, among many others.

Segal’s total rewards are part of what makes Segal a special place to work. The current salary range for this position is $124,500 to $165,000 plus opportunity for a discretionary performance bonus based on company profitability and employee performance. In addition, Segal offers a comprehensive suite of benefits to include a non-contributory defined benefit pension plan, matching and discretionary contributions to a 401(k) profit sharing plan, medical and prescription benefits including contributions to a health savings account for eligible employees, dental benefits, life insurance, disability insurance, an Employee Assistance Program, wellness benefit reimbursements and rewards, and professional credential and tuition reimbursement. Segal also provides comprehensive paid time off including holidays, vacation days, sick leave, paid family leave and sabbaticals.

Please Apply…

Segal is the right size, the right organization and…the right move for you!  Please apply now.

#LI-hybrid





More jobs in Glendale, California


UPS

Roth Staffing Companies
More jobs in Admin - Clerical


Edward D. Jones

Edward D. Jones

Wintrust Financial Corporation