Senior Manager – Actuarial, Health, Medicare Advantage

Marsh McLennan

. Work alongside and learn from Oliver Wyman industry leaders and consultants on client projects .

Posted 10/22/2026full-timeUnited StatesSenior💰 $140,000 - $210,000 per yearWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in Medicare Advantage bid development, actuarial analysis, and health insurance product modeling. Proficient in managing complex projects and collaborating with clients and teams to drive professional growth and regulatory compliance.

Highest-signal resume keywords

Medicare Advantage Bid DevelopmentActuarial ExperienceAssociate of the Society of Actuaries (ASA)Strong Communication SkillsMS Excel

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Actuarial AnalysisHealth Insurance Product ModelingPricing Assumptions DevelopmentRisk Score EvaluationFeasibility StudiesValue-Based Care AnalysisData AnalysisProject ManagementStatistical ModelingClaims Benchmarking

Soft Skills

Critical ThinkingProblem SolvingTime ManagementCollaborationMotivation

Tools & Technologies

SASSQLRPythonVBA

Certifications & Qualifications

Fellow of the Society of Actuaries (FSA)

Industry Keywords

Medicare AdvantageHealth SystemsInsurance CompaniesProvider ContractsPopulation Health Management

Tech Stack

Tools & technologies

PythonSQLVBA

About the role

Key responsibilities & impact

Work alongside and learn from Oliver Wyman industry leaders and consultants on client projects
Interact significantly with clients, including top-tier insurance companies and provider health systems
Oversee project workflows and manage completion of multiple workstreams
Support team-member development and professional growth
Lead and certify Medicare Advantage bid development for Part C and D
Develop, model, and analyze health insurance products for Medicare Advantage markets
Set pricing assumptions, trends, and methodologies
Analyze medical and pharmacy claims and benchmark against applicable industry experience
Conduct feasibility studies for startup operations or new-product expansions
Support regulatory changes and implementation
Evaluate provider contracts and the impact of changes on rates
Analyze value-based care and other risk-taking arrangements from payer and provider perspectives
Conduct opportunity analyses for total-cost-of-care management and population health
Evaluate risk scores and assist with improving risk-score coding/capture
Evaluate care-management programs

Requirements

What you’ll need

Bachelor’s or master’s degree required, preferably in Actuarial Science, Mathematics, Statistics, Finance or a related field
7+ years of actuarial experience in the Medicare Advantage industry
Actuarial consulting experience preferred
Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) credentials required
Ability to work autonomously with minimal Principal involvement while managing medium-to-large scale, generally higher-complexity projects/workstreams
Track record of and desire for rapid learning, high performance, and professional growth
Strong written and oral communication skills
Excellent time management skills
Ability to collaborate and work effectively in a team setting
Deep critical-thinking and problem-solving ability
Highly motivated and willing to work in a dynamic environment
Strong skills with MS Excel, SAS, SQL, R, Python, VBA, or other programming languages

Benefits

Comp & perks

Competitive benefits
Paid time off for actuarial exam study and exam day
Financial support for actuarial exam materials
Reimbursement of actuarial exam costs
Salary increases after passing actuarial exams
First-time pass bonuses
Performance-based pay program
Year-end bonuses based on personal and corporate performance
Health and welfare benefits
Tuition assistance
401K savings and other retirement programs
Employee assistance programs
Flexible work arrangements, including remote work and office collaboration
Employee groups for the LGBT+ community, racially and ethnically diverse employees, women, family life, introverts, and veterans
Inclusive and flexible work environment