Actuarial Health Consultant

Actuarial Health Consultant- US/Canada

Shift timings- 5:30 Pm to 2:30 AM or 4 PM to 1 AM

Location- Gurgaon

Required education and certifications critical for the role-

Graduate / Post Graduate

Required years of experience

2-4 year of relevant experience

GENERAL DESCRIPTION OF ROLE:

• Assist consultants and other stakeholders for US/Canada Health and Benefits domain, delivering high complexity actuarial valuations for clients using ProVal software, standard IBNP models/AMS tool and other actuarial processes.
• Develop client specific knowledge to deliver on the valuation and other consulting support services Develop your understanding of the wider context big picture view of the technical calculations and key primary drivers of the results
• Demonstrate a very good understanding of all aligned processes and to be able to mentor and also to provide insights to clients/clients team
• The process involves analysis of healthcare products data provided by vendors & onshore consultants pertaining to premium, claims, plan attributes.

JOB RESPONSIBILITIES (List 6-10 major responsibilities in the role):

Operates as part of team under supervision of Sr. Actuarial Specialist/Actuarial Operations Manager

• Develop client-specific knowledge to deliver on the valuation and other consulting support services
• Compliance and drive usage of various processes, templates, precedents and models compliance guidelines as a competent checker
• Develop your understanding of the wider context big picture view of the technical calculations and key primary drivers of the results
• Demonstrate a very good understanding of all aligned processes and to be able to mentor and also to provide insights to clients/clients team
• Maintaining and building learning resources for the team, such as best practices sharing or training materials for particular types of work
• Completes straight forward valuations independently and some complex valuations simultaneously with some oversight
• Prioritizes valuations/other process work independently
• Has expanded project management responsibilities
• Helps junior colleagues and starts developing skill set setting their path to IC or technical manager
• Volunteer yourself in at least one special project.
• Communicates valuation results
• Delegation of stand-alone tasks and perform review.
• Documents own work and prompts documentation of work done by others
• Ensures own work is complete and thorough, requiring minimal review from the AM\PM.
• Completing the non-standard valuations with instructions from AM\PM
• Extremely efficient at completing valuations accurately and within time constraints Efficient resource utilization
• Proficient in VBA

SKILLS/COMPETENCIES REQUIRED (List 4-8 skills required to get the job done):

• Graduate, numerate degree preferred such as Mathematics / Statistics / Economics / Engineering
• Active student member of the Institute of Actuaries, UK / India and prefer to have cleared at-least three core technical actuarial exams
• Advance Knowledge of MS Excel
• Should be well versed with basic tool functionalities for creating, editing and formatting presentation
• Business communication skills (email and conference calls) and fluent with English language. Should be able to coherently and confidently communicate thoughts and ideas verbally, and in writing logical approach towards solving problems
• Should be flexible, keen on taking initiatives, accountable and have a collaborative approach with fellow colleagues