Senior Health & Benefits Actuarial Consultant

About the role

Mercer, part of Marsh, is looking for a Senior Health & Benefits Actuarial Consultant to join its actuarial team within the Health and Benefits business. The role is based in one of the offices across Canada and is hybrid, with at least three days a week in the office. It is a replacement position.

Key responsibilities

• Serve as an experienced signing Health Actuary, managing a portfolio of OPEB clients and reviewing, signing off and delivering OPEB valuations, year-end disclosures, budget expenses and projections.
• Present valuation results and actuarial assumptions to clients and support responses to auditor requests.
• Manage client projects on employer health benefits strategies, including financial projections, plan design changes, costing and renewal negotiations, and act as a primary financial contact for clients.
• Review data analyses from junior staff for actuarial accuracy and model use, and guide them in client management.
• Draft and review client reports and presentations summarizing valuation and accounting results and recommending actuarial assumptions.
• Lead routine client engagements covering service delivery, strategy, financial evaluations, plan design, renewals, flex-pricing and benchmarking.
• Support senior team members with business development and proposal responses.

Required profile

• Bachelor's degree in Mathematics, Statistics, Actuarial Science or a related field.
• At least seven years of actuarial experience, including health and benefits consulting.
• Must have achieved, or be progressing toward, Fellow of the Canadian Institute of Actuaries (FCIA).

Required skills

• Complex analyses and cost projections using Excel and in-house software, with a focus on healthcare-related insurance.
• Strong oral and written communication and ability to prioritize and lead teams while working independently.

What we offer

• Base salary range of $122,000 to $172,000, with possible performance-based incentives.
• Health and welfare benefits, tuition assistance, retirement programs and employee assistance programs.
• Professional development opportunities and a hybrid work arrangement.