Health and Benefits Actuary -Analyst III

• Company
• Mercer
• Description

At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers.

We’re in the business of creating exciting and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, securing finances for retirement, or aligning employees with workforce strategy.

Capitalizing on analysis and insights as catalysts for change, we anticipate and understand the impact of business decisions, now and in the future.

Our holistic view and deep expertise allow us to see client’s current and future needs through a lens of innovation and impact and every idea and solution we offer.

What can you expect?

• Manage client projects focused on employers’ health benefits strategies, including financial projections, carrier selection, plan design optimization, employee contribution setting, IBNP valuations, benchmarking, well-being initiatives, and renewal negotiations.
• Create client deliverables, provide direction to junior analysts as applicable, serve as a financial client contact, and present deliverables to clients in partnership with senior members of client teams.

What’s in it for you?

• We are the global leader in human resources consulting.
• As part of Mercer, we offer top‑notch benefits: multiple medical, dental, and vision plans with choices to fit all needs and budgets—benefits coverage starting Day 1.
• Other benefits and discounts on products and services.

What you need to have

• BA/BS degree in actuarial science, math, finance, economics, or related field.
• Excellent analytical skills – experience in data analysis or financial modeling.
• Excellent written and oral communication skills.
• Proven project management skills and creative problem‑solving abilities.

What makes you stand out

• Relevant work experience in consulting, insurance, finance, human resources, or accounting—especially within actuarial or healthcare consulting.
• Two or more actuarial exams passed.
• Demonstrated ability to independently manage multiple complex projects simultaneously.
• Experience presenting technical concepts to a non‑technical audience.

Marsh is committed to embracing a diverse, inclusive, and flexible work environment.

We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.

If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@marsh. com.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office.

All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.

Office‑based teams will identify at least one “anchor day” per week on which their full team will be together in person.

The applicable base salary range for this role is $73,500 to $147,000.

The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements.

Decisions will be determined on a case‑by‑case basis.

In addition to the base salary, this position may be eligible for performance‑based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

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