Retiree Medical Valuation Actuary (Remote) - Gallagher

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.

Gallagher’s Specialty Actuarial Solutions is a stable and growing practice that provides Other Post-Employment Benefits Other than Pensions (OPEB) consulting, IBNR certifications, Medicare Part D studies, health plan actuarial value testing, and other health care actuarial services to a large volume of public and private sector clients. The primary book of business is in the OPEB consulting space, and we are rapidly growing the team to add an OPEB Actuary/Actuarial Analyst to the team. This is an outstanding opportunity to engage with clients, digging into the numbers, and grow into a lead consultant on existing OPEB clients and develop into an OPEB expert.

• Ability to perform and explain actuarial results to Senior Actuaries.
• Ability to research current actuarial topics and ASOP guidelines.
• Comprehends employer sponsored compliance perspectives with respect to GASB, ASC, and SOP accounting standards.
• Ability to work on multiple projects and excel in a fast-paced environment while focusing on the accuracy of results.

Desired Skills and Proficiencies:

• Pursuing the Associate of the Society of Actuaries (ASA) designation or is already an ASA, Fellow of the Society of Actuaries (FSA) or Enrolled Actuary (EA) designation is a plus, but not required for this level.
• Experience with retiree medical plan actuarial valuations (e.g., required accounting reports, liability determination, funding analysis, etc.).
• Experience producing health care actuarial results and enjoy being involved at various levels of the employer sponsored health care consulting work.
• Excels at managing personal workflow, and overall project management.
• Communicates and works cooperatively with Senior Actuaries.

Additional Requirements:

• Expertise in Microsoft Office products including Excel, Word, and PowerPoint. ProVal proficiency preferred.
• Claims processing experience and understanding of Per Capita Claims Cost projections, and long-term actuarial assumptions
• Grasp of accounting standards under, but not limited to, GASB 74/75 and ASC 715.
• Retiree medical plan design consulting experience

Education and Experience Requirements:

• Bachelor’s Degree from a four-year college or university
• 2 - 7 years of actuarial experience; OPEB experience preferred

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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 Hereto 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.