Actuarial Job at Marsh for Senior Government Actuarial Consultant ...

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Posted: August 4, 2012 Company Name: Marsh Entry Level: No Research Tools: See Location on Map Learn More About Location Mercer is the global leader for trusted Human Resources and related financial advice, products and services. In our work with clients, we make a positive impact on the world every day. We do this by enhancing the financial and retirement security, health, productivity and employment relationships of the global workforce. Mercer has more than 19,000 employees serving clients in over 180 cities and 40 countries and territories worldwide. If you thrive on challenge, are passionate about ideas, love solving problems and truly enjoy connecting with people, we encourage you to explore the hundreds of job opportunities available through Mercer. Our core strengths in consulting, outsourcing and investments place Mercer in a unique position to help our clients achieve the extraordinary - and extraordinary results require extraordinary people. Mercer is an operating unit of Marsh & McLennan Companies. Marsh & McLennan Companies is a leading global professional services firm with roots dating back to 1871. We employ over 50,000 employees in more than 100 countries with annual revenue exceeding $11 billion. Marsh & McLennan Companies is the parent company of a number of the world's leading risk experts and specialty consultants, including: Marsh, our insurance broker and risk advisor; Guy Carpenter, our risk and reinsurance specialist; Mercer, our provider of HR and related financial advice and services; and Oliver Wyman, our management consultancy. The Senior Government Actuarial Consultant will lead and manage the relationship and engagements with Mercer Health & Benefit?s (H&B) government clients. This role also is the actuarial expert for projects and proposals. In addition, the role will mentor actuarial staff and oversee their actuarial work. Clients are primarily state Medicaid agencies and divisions within the agencies, i.e. Acute Care, Substance Abuse, Long Term Care, Developmentally Disabled, Managed Care and Fee For Service departments. Responsibilities include client management, client engagement and satisfaction, new and expanded business development, contract negotiation and scope, project management and team management. To fulfill this role, the Senior Government Actuarial Consultant will: Work with client and Mercer?s H&B Government Project Managers to clearly define the scope, timelines and deliverable(s) of the project; ensure development and proposes essential project documents, including the budget and work plans. Provide oversight of project actuarial work and guidance in developing the data model for the project. Review data modeling, data assumptions and analysis results for actuarial soundness. Collaborate with client team and project team to finalize rates; educate and consult with client on the impact of their policies on the data and rates; act as actuarial authority that signs and certifies rate capitation letters. Ensure regular communication with client to review project status and expectations; provide expertise and insight to client and team to solve potential problems within the project; manage scope of project, budget and timelines. Manage the relationship with the key client stakeholders and oversee client engagements including: overseeing multiple project managers; ensuring the team is within budget, on time & producing work consistent with the scope of work; ensuring communication with client, project team and senior client leader. Be responsible for the project resource management including: identifying and securing resources; ensuring work is leveraged to the right skill and career level; and providing team members opportunity to develop skills and expertise. Additionally, ensures project managers are coordinating tasks with specialists on the project team. Define the strategy for and leads the RFP process; develop cost proposal; evaluate conversion/recovery/ aspects of RFP; evaluate risk and manage RFP through Mercer internal legal and executive approval process. Identify opportunities for expanded revenue with existing clients. Utilize knowledge of client?s challenges and of the diverse expertise within Mercer Government to identify sales opportunities. These opportunities can be for established expertise and services or for new and innovative expertise and services. Pursue new business; leverage relationships with clients, expertise and intellectual capital to create new business opportunities. Continuously develop expertise in Health Policy, including financial and operational aspects of Medicaid programs, federal regulatory issues, and health care reform. Consider the implication of policy, law, political, etc. changes impact client and client?s programs. Develop intellectual capitol; lead or participate in the development of tools or processes that can be leveraged for multiple clients. Directly supervise staff members and frequently provides supervisory feedback, training and mentoring to staff that have a project reporting relationship with them. Have full authority for the following people management responsibilities: assigning, directing, and evaluating work; conducting performance evaluations, progressive counseling and career development discussions, and ensuring appropriate orientation and on-going education/training Provide critical input to the following people management responsibilities: hiring and firing employees; promotion, salary and bonus actions BA/BS degree Minimum 12 years of relevant experience required Excellent project management and interpersonal skills; strong oral and written communication skills Excellent project management, presentation and interpersonal skills; strong oral and written communication skills Strategic thinker Expertise in Health Policy, including financial and operational aspects of Medicaid programs, federal regulatory issues, and health care reform Actuarial credentials (ASA, FSA) required Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, pension and 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: http://www.mmc.com/. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us at: www.mmc.com/diversity. Requisition #: PHO0008Q

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