We are seeking a Consulting Actuary to join the East Region. The Consulting Actuary will support a book of business in the East Region with emphasis in retiree health valuations and health benefits in the Public Sector and Multiemployer markets.
The Opportunity:
The individual will step into a multi-faceted role that offers the opportunity to have a significant and positive impact on the continued growth of the public sector and multiemployer benefits consulting business.
The Role:
The role of a Consulting Actuary includes client management, project management, technical review, subject matter expertise, and new business development. The Consulting Actuary has relationship accountability for assigned clients, overall servicing responsibility, and client satisfaction. In addition to maintaining positive relationships, key accountabilities include:
- Understanding clients’ issues, anticipating clients’ needs, and navigating the various potential solutions;
- Establishing rapport and building effective working relationships within client organizations;
- Providing high level of creative, innovative and strategic expertise to clients and colleagues around the myriad of issues and emerging developments in the employee benefits industry;
- Technical reviewing of OPEB valuation reports, pricings, assumption studies, etc.;
- Collaborating with others at Segal to build and maintain effective and influential client relationships;
- Participating in new business development initiatives targeting existing and prospective clients in the Public Sector and Multiemployer markets;
- Performing as signing or responsible actuary for certain clients.
The Consulting Actuary guides client service teams and plays a proactive role in mentoring and developing staff, contributing to the overall intellectual and professional development within the teams.
Key Requirements:
- Minimum of 9 years of experience within an employee benefits consulting and/or related professional services environment involving exposure to retiree health and health and welfare strategies, concepts/approaches, design and implementation in the public sector or multiemployer environments;
- Minimum of an undergraduate degree and ASA. FSA credential preferred;
- Expertise in GASB 74/75 (or 67/68) is preferred and experience developing or reviewing claims costs is preferred;
- Experience reviewing OPEB liabilities is preferred and ability to step immediately into a direct client contact role;
- Strong business acumen and leadership ability and demonstrated success as a relationship builder/collaborator;
- Demonstrated experience and success in managing client relationships; and skill of delivering/presenting complex information into actionable terms that clients will grasp and be able to act upon;
- Ability to analyze and identify issues to develop solutions and effective interpersonal and communication (verbal/written) skills;
- Ability to work collaboratively with a diverse audience of colleagues and clients;
- Ability and interest to travel as needed to meet with clients and prospects.
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 $130,000 to $170,000 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.