Health & Benefits Senior Actuarial Associate

OverviewMercer Marsh Benefits (MMB) has a fantastic opportunity to join our organization as a Health & Benefits Senior Actuarial Associate. This is a Hybrid position and can be based in either Montreal, Ottawa, Toronto or Quebec City. MMB is part of the Marsh McLennan family, bringing together a broad spectrum of expertise to help clients navigate the complex world of risk & wealth management, HR consulting and employee benefits. MMB is a global leader in the health and benefits marketplace, operating in 135 countries with a team of specialists who design benefits solutions that meet the needs of businesses and their people.Simple select is our facility solution for small to mid-size employers leveraging carrier negotiated block arrangements designed to help clients attract and retain the talent needed to grow their business and keep their people healthy. This role focuses on behind-the-scenes work in our Simple select by Mercer Marsh Benefits SM Centre of Excellence.ResponsibilitiesServe as an ambassador for Simple selectPartner with SME Leader to manage technical aspects of SME placement quotation, plan, experience monitoring and renewal insurer negotiationsCollaborate with operations to ensure terms and conditions released to renewal methodologies and placement processes are implementedGuide the technical team through all placement processesDevelop and improve efficiency by leveraging new technologyCollaborate with Operational coordinator to develop procedural efficiencies and adapt newly launched technologyLead template developmentLead educating all level team members on processes, procedures and new productsCollaborate with Canadian Leadership on change management and day-to-day business operationsDevelop and coordinate local team education on new products and templatesManage relationships with internal consultants and respond to day-to-day inquiriesAssist Leadership with quarterly insurer meetings and review products, quoting turnaround time, service agreements, product and competitor landscapeMaintain National Mercer client databasesAssist and lead team workflow meetings with People LeaderSimple select - MMB block renewals: lead vendor block renewals analysis and negotiationLead block renewal team to collect and review renewal data for accuracy and reasonablenessPrepare templated client reports for local consulting teamsRespond to questions from local teams related to the block renewalSimple select block Experience reports: maintain experience reporting calendar and lead data gathering to prepare templated reportsCoordinate with teammates to ensure timely delivery of all experience reportsSimple select - Templates: lead development of tools and templates for workflow, financial summaries and block renewalsSuggest process improvements; liaise with local consultant teams to keep templates currentSimple select - MMB marketing: oversee marketing requests from local consulting teams, ensure timely completion of templated reports, and peer-review teammate workTrack outside panel offerings and report to Canadian LeadershipMaintain block quote tracking tool and mentor the teamAssign quote requests to the team and conduct peer reviews before sending to local consulting teamsTrack carrier inconsistencies for competitiveness and report to SME Leadership for quarterly insurer reviewEnsure negotiated terms and conditions are appliedQualificationsProject management, ownership, and leadership experience3-5 years of employee benefits experienceStrong analytical skills; proficient in Excel, VBA, Alteryx; working knowledge of MS OfficeKnowledge of additional programming languages such as Python or SQL is an assetStrong knowledge of group benefit underwriting principles, placement methodologies and funding methodsExcellent interpersonal, verbal and written communication skills; bilingualism in French and English is an assetAmbitious, collaborative, and able to work under tight deadlines and changing client needsIntellectual curiosity and desire to develop new skillsAbility to work independently and in teams; strong organizational skills and attention to detailLLQP designation is an asset; Life licenses as required by provincial regulations and Mercer policiesDegree in Actuarial Science, Mathematics, Statistics or equivalentKnowledge of Alteryx or similar softwarePreferred/Standout QualitiesTrack record in customer service and managing multiple concurrent deliverablesAbility to communicate health and benefit concepts to a broad range of colleagues and internal clientsWhy join our teamProfessional development opportunities, interesting work, and supportive leadersInclusive culture with opportunities to create impact for colleagues, clients and communitiesCompetitive benefits and rewards, with opportunities for career growthMercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in risk, strategy and people. Marsh McLennan operates in 130 countries across four businesses. All Marsh McLennan colleagues are expected to work in their local office or with clients at least three days per week, with at least one anchor day for in-person collaboration. Marsh McLennan is committed to diversity, inclusion and flexible work arrangements and provides accommodations as required by law. For accessibility accommodations, please contact reasonableaccommodations@mmc.com.R_319328 #J-18808-Ljbffr