Vice President – Actuary, Health & Welfare
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Job Description
Senior Consulting Actuary leading client relationships and providing H&W support at Fidelity Workplace Consulting. Mentoring associates and collaborating with senior leaders in a fast-growing consulting group.
Responsibilities:
- Lead client relationships that provide comprehensive H&W support and innovative solutions
- Lead H&W Workplace Consulting projects, mentor other associates and promote collaboration
- Lead the development and presentation of strategic recommendations to clients on an annual basis
- Build extensive knowledge of the client and their business and find opportunities to expand relationships to solve client problems
- Provide overall accountability to our clients for our analytical and actuarial deliverables
- Provide direction, support, and review of health and welfare program renewals/pricing, budgets, IBNP development, and other financial support
- Play a leadership role in efforts to expand our H&W client base through participation in RFPs, finalist meetings and the development of new offerings
- Develop and present webinars, and other marketing efforts, focused on actuarial insights of interest to current and prospective clients
- Collaborate with other senior leaders in the H&W practice to develop strategies to lead people development and client delivery
- Lead and mentor the team of H&W associates assigned to support your client team, as well as the general H&W practice
- Co-lead the development & maintenance of actuarial tools and standards required to support our clients’ ongoing H&W needs
- Interact with our clients’ Accounting and Finance Teams, as needed, to include meeting with clients’ outside auditors when requested
Requirements:
- Actuarial credentials required, FSA strongly preferred
- Minimum 15 years of proven experience in working with financials and strategic management of health and welfare plans, preferably gained in a benefit consulting or brokerage firm
- Understanding of complex business issues and challenges facing clients today and demonstrated ability to sell applicable H&W consulting services
- Experience engaging all available resources to address client problems (resourceful & scrappy)
- Strong client relationship management skills, including excellent communication and responsiveness
- Ability to independently develop and facilitate strategy discussions; ability to communicate sophisticated financial results to client stakeholders
- Deep knowledge of health insurance and benefits industry, its practices and applicable laws/regulations, financial issues, point solutions, traditional carriers partner landscape, PBMs and coalitions, etc.
- Dedication to team collaboration and coordination, including mentoring junior associates and leading teams to facilitate excellent client service (note this role will include managing other associates)
Benefits:
- Comprehensive health care coverage and emotional well-being support
- Market-leading retirement
- Generous paid time off and parental leave
- Charitable giving employee match program
- Educational assistance including student loan repayment, tuition reimbursement, and learning resources
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