Deloitte Health Actuary Manager in Chicago, Illinois
Deloitte is one of the leading professional services organizations in the United States, specializing in audit, tax, consulting and financial advisory services with clients in more than 20 industries. We provide powerful business solutions to some of the world s most well-known and respected companies, including more than 75 percent of the Fortune 100.At Deloitte, you can have a rewarding career on every level. In addition to challenging and meaningful work, you ll have the chance to give back to your community, make a positive impact on the environment, participate in a range of diversity and inclusion initiatives, and find the support, coaching, and training it takes to advance your career. Our commitment to individual choice lets you customize aspects of your career path, your educational opportunities and your benefits. And our culture of innovation means your ideas on how to improve our business and your clients will be heard.
Health Actuary Consulting Manager
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.
Work you ll do
As a Deloitte Consulting Health Actuary Manager in the Insurance practice of 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:
Lead a team creating a model to value the impact of health care reform on an health plan client
Review trend forecasting and predictive modeling tools
Assist clients to define underwriting policies to reduce selection
Price alternative plan designs and define product strategy
Identify strategies to reduce enterprise costs
Review reserves in support of Deloitte & Touche audits of health care liabilities
Communicate ROI for medical management and other health plan initiatives to senior level clients and Deloitte leadership
Prepare and present client presentations and reports
Conduct other Manager level health actuarial consulting activities, as required
A part of Deloitte Consulting LLP, our Human Capital professionals work closely with clients around the world to develop effective and efficient people-centered solutions. Our team helps clients define their talent strategy and align it with their executive business vision using innovative strategic frameworks that enhance HR service delivery models, set the stage for continuously improving operational excellence, and reimagines the HR brand. Learn more about our Human Capital practice.
Our Human Capital professionals who specialize in Actuarial services apply advanced quantitative analysis to a wide range of business challenges. We use leading-edge statistical methods to quantify risk of Health, Life, P&C, and Retirement plans for clients. Learn more about our Actuarial, Rewards & Analytics practice.
Bachelor s degree
6 years of Health Actuary experience
Successfully passed 5 actuarial exams
Willingness to travel at least 50%
6 years of consulting and/or health plan/insurance company experience
Experience managing staff and leading medium to large sized teams
ASA with progression to FSA, FSA, or career ASA designation
Experience with one or more of the following areas:
Product design and/or product strategy
Reimbursement models including value based care/ACO modeling
Risk adjustment mechanisms
Familiarity with group insurance products including disability, long term care, etc.
Merger and Acquisition experience
Health care reform with working knowledge of the individual medical and small group markets and/or state Medicaid programs
Strong client presence with project management, presentation, and facilitation skills
Ability to succeed in team-based or independent environments
Well-organized with the ability to handle several projects/clients simultaneously
Strong oral and written communication skills
Ability to create and manage client relationships and develop business
Dedicated work ethic with a commitment to client service excellence
Ability to travel up to 80% for periods of time
How you ll grow
At Deloitte, our professional development plan focuses on helping people at every level of their career to identify and use their strengths to do their best work every day. From entry-level employees to senior leaders, we believe there s always room to learn. We offer opportunities to help sharpen skills in addition to hands-on experience in the global, fast-changing business world. From on-the-job learning experiences to formal development programs at Deloitte University, our professionals have a variety of opportunities to continue to grow throughout their career. Explore Deloitte University, The Leadership Center.
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.
Deloitte s culture
Our positive and supportive culture encourages our people to do their best work every day. We celebrate individuals by recognizing their uniqueness and offering them the flexibility to make daily choices that can help them to be healthy, centered, confident, and aware. We offer well-being programs and are continuously looking for new ways to maintain a culture where our people excel and lead healthy, happy lives. Learn more about Life at Deloitte.
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