Demo

Health Actuary Consultant

Deloitte
Deloitte Salary
Salt Lake, UT Full Time
POSTED ON 1/22/2025
AVAILABLE BEFORE 4/14/2025

Deloitte Consulting's Human Capital practice is a leading global advisor and implementation partner working with companies, governments, and organizations around the world. Our goal is to improve our clients' organizational results and impact by focusing on challenges at the intersection of business and people.

Recruiting for this role ends on 3 / 28 / 2025.

Work you'll do

As a Deloitte Consulting Health Actuary Consultant in Deloitte's Human Capital group, you will assist Deloitte Managers, Senior Managers and Partners in providing strategic and technical consulting services to health plans, providers, Federal and State governments, PBMs, etc.

At Deloitte, you can be a part of the transformation of the health care sector. Deloitte's health actuaries are participating in the development of evidence-based medicine, and the transition of payments from paying for what is done to paying for the value provided. Deloitte health actuaries are involved in designing new programs that are smarter about how public funds are spent. These types of problems require actuaries who are not only technically strong, but also can be innovative, capable of addressing ill defined, complex problems and have a business orientation.

Other responsibilities include :

  • Individual medical and small group health care reform modeling for health plans
  • Prepare SQL models to price health plan benefit changes
  • Review MA and Part D bid submissions for accuracy and consistency
  • Model lapse and retention rates, prepare results to share with clients
  • Create models to calculate ROI for medical management and other health plan initiatives
  • Prepare IBNR modeling spreadsheets for audit reviews
  • Provide project management support including preparing work plans, reports and client presentations

The team

Organization Transformation

The Organization Transformation practice is about transforming the organization (and the benefits providers that serve them) to support its business strategy. This involves helping our clients move from where they are today to where they need to be in the future. It could include changing the organization's culture, modernizing specific functions, re-designing the organization structure, and will require a combination of change management actions to execute the transformation. To enable our success, it will be critical to use data and insights to inform better ways of working together.

Qualifications

Required :

  • Bachelor's degree
  • 2 years of Health actuary experience
  • Successfully passed 2 actuarial exams
  • Limited immigration sponsorship may be available
  • Ability to travel up to 50% on average, based on the work you do and the clients and industries / sectors you serve
  • Preferred :

  • 2 years of consulting and / or health plan / insurance company experience
  • Technical background in health actuarial, underwriting and other areas of health care finance
  • Strong understanding of health care plan design, alternative delivery systems, and current developments in the health care industry
  • Understanding of Health Care Reform 3 Rs
  • Exposure to reimbursement mechanisms
  • Strong client presence
  • Ability to work well in team-based environment
  • Project management, presentation, and facilitation skills
  • Well-organized with the ability to handle several projects / clients simultaneously
  • Well-developed verbal and written communication skills
  • Proficiency with MS Office products, including Word, Excel, PowerPoint
  • Ability to work independently and develop client relationships
  • Strong work ethic with a commitment to client service excellence
  • Information for applicants with a need for accommodation : [1] https : / / www2.deloitte.com / us / en / pages / careers / articles / join-deloitte-assistance-for-disabled-applicants.html

    Possible Locations : Atlanta, Austin, Baltimore, Birmingham, Boca Raton, Boise, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Columbus, Costa Mesa, Dallas, Davenport, Dayton, Denver, Des Moines, Detroit, Fort Worth, Fresno, Grand Rapids, Harrisburg, Hartford, Houston, Indianapolis, Jacksonville, Jersey City, Kansas City, Las Vegas, Los Angeles, Louisville, McLean, Memphis, Miami, Midland, Minneapolis, Morristown, Nashville, New Orleans, New York, Philadelphia, Pittsburgh, Portland, Princeton, Raleigh, Richmond, Rochester, Rosslyn, Sacramento, Salt Lake City, San Diego, San Francisco, San Jose, Seattle, St. Louis, Stamford, Tampa, Tempe, Tulsa, Washington DC

    The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $88,800 to $148,000.

    You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

    For more information about Human Capital, visit our landing page at : [2] https : / / www2.deloitte.com / us / en / pages / careers / articles / join-deloitte-human-capital-consulting-jobs.html

    HC25 #OT25

    Recruiting tips

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    Benefits

    At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you.

    Our people and culture

    Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture.

    Our purpose

    Deloitte's purpose is to make an impact that matters for our clients, our people, and in our communities. We are creating trust and confidence in a more equitable society. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. We are focusing our collective efforts to advance sustainability, equity, and trust that come to life through our core commitments. Learn more about Deloitte's purpose, commitments, and impact.

    Professional development

    From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.

    Salary : $88,800 - $148,000

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