Actuarial Associate, Health at GBS - Global

Discover a world of endless possibilities at Gallagher Benefit Services, where you'll have the power to shape the future of workplaces across industries. As a member of our team, you become the driving force behind positive change, helping clients build environments where employees thrive. Embrace the opportunity to impact lives, unlock potential, and create a legacy of remarkable transformation.

We believe that every candidate brings something special to the table, including you! So, even if you feel that you’re close but not an exact match, we encourage you to apply.

Works on a variety of client service projects under the supervision of more experienced consultants and with appropriate client contact. These services include actuarial calculations, data analysis and special projects, all at the level appropriate to the individual’s knowledge and experience. 

• Assist clients teams in completing valuation reports in accordance to GASB 74/75 and ASC 715
• Request data from clients and analyzes data in comparison to what has been received in the past. Asks questions on discrepancies when necessary
• Develop a per capita claims cost using a combination of claims experience, manual rate tools, and plan premiums
• Value the liability for postretirement benefit plans using requisite tools
• Document the valuation process in accordance to correct actuarial standards of practice
• Support clients with setting budget rates and other financial analyses related to their health benefit plans
• Work with client teams to complete tasks in a timely manner
• May attend client meetings with consultant
• Special projects or assignments as instructed by manager

Required: 

• Math, actuarial science or economics degree or equivalent
• Passed two SOA exam 
• Good verbal and written communication skills
• Ability to grasp and familiarize oneself with actuarial terms and concepts.
• Strong math and computer skills
• Superior attention to detail and organization skills
• Ability to work on a team

Preferred: 

• 3.5 grade-point average preferred

#LI-SV2

On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits. 

 Below are the minimum core benefits you’ll get, depending on your job level these benefits may improve:

• Medical/dental/vision plans, which start from day one!
• Life and accident insurance
• 401(K) and Roth options
• Tax-advantaged accounts (HSA, FSA)
• Educational expense reimbursement
• Paid parental leave

Other benefits include:

• Digital mental health services (Talkspace)
• Flexible work hours (availability varies by office and job function)
• Training programs
• Gallagher Thrive program – elevating your health through challenges, workshops and digital fitness programs for your overall wellbeing
• Charitable matching gift program
• And more...

We value inclusion and diversity

Click Here to review our U.S. Eligibility Requirements

Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.

Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.

Gallagher believes that all persons are entitled to equal employment opportunity and prohibits any form of discrimination by its managers, employees, vendors or customers based on race, color, religion, creed, gender (including pregnancy status), sexual orientation, gender identity (which includes transgender and other gender non-conforming individuals), gender expression, hair expression, marital status, parental status, age, national origin, ancestry, disability, medical condition, genetic information, veteran or military status, citizenship status, or any other characteristic protected (herein referred to as “protected characteristics”) by applicable federal, state, or local laws.

Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination. In addition, Gallagher will make reasonable accommodations to known physical or mental limitations of an otherwise qualified person with a disability, unless the accommodation would impose an undue hardship on the operation of our business.