BrooklineRecruiter
the smart solution for Brookline jobs

Senior Associate, Actuary - 1900136

Company: FIDELITY INVESTMENTS
Location: Boston, MA
Posted on: January 11, 2019

Job Description:

Serves as a member of Fidelity’s Professional Services Group, which is
part of the Health and Welfare team within Benefits Consulting.

Primary Responsibilities:

• Collects and prepares data necessary to analyze benefit programs
and provides assistance to more senior consultants in analysis of
benefit programs.
• Collects renewals and assists in the analysis, negotiations, and
finalization of renewals.
• Maintains client documentation, including SPDs, contracts, and
employee communication.
• Assists in the development of health and welfare program
pricing, budgets, employee contributions, and premium equivalent rates
for self-insured plans.
• Assists in the negotiation of rates, contractual provisions, and
performance guarantees with current benefit vendors.
• Performs marketing analysis including RFP creation, proposal
collection, and vendor comparisons.
• Assists with vendor selection, performance criteria, pricing
negotiations, contractual provisions, and performance guarantees.
• Assists with the management of new and existing vendors during
the implementation process.
• Maintains knowledge regarding the major health plans,
administrators, and other vendors in the marketplace in order to consult
with clients and prospects.
• Maintains project plans and status logs with completion times
and issue resolutions/decisions.
• Escalates issues with project timing and scope.
• Creates letters, presentations, proposals, charts, and
spreadsheets for management.

Education and Experience:

Bachelor’s degree (or foreign education equivalent) in Statistics,
Mathematics, Economics, Mathematical Decision Sciences, Actuarial
Science, Actuarial Mathematics, or a closely related field and three (3)
years of experience in the job offered or three (3) years of experience
performing actuarial consulting within a corporate healthcare or
healthcare consulting environment.

Or, alternatively, a Master’s degree (or foreign education equivalent)
in Statistics, Mathematics, Economics, Mathematical Decision Sciences,
Actuarial Science, Actuarial Mathematics, or a closely related field and
one (1) year of experience in the job offered or one (1) year of
experience performing actuarial consulting within a corporate healthcare
or healthcare consulting environment.

Skills and Knowledge:

Candidate must also possess:

• Demonstrated Expertise (“DE”) in financial modeling of employer
group health plans, including rate setting, contribution and plan design
modeling, and trends analysis and forecasting, using Excel and VBA.

• DE performing actuarial analysis -- quantitative analysis of
financial, utilization, and cost data -- of health and welfare plans.

• DE performing claims utilization liability analysis, including
applying multiple reserving procedures and methods and IBNR.

• DE evaluating and ranking financial, network, benefit,
performance and member experience, and components of Private Exchanges,
Active Medical, and Medicare plans through the RFP and RFI processes.


To apply, visit https://fidelity.com/jobs and search job code 1900136.

Keywords: FIDELITY INVESTMENTS, Brookline , Senior Associate, Actuary - 1900136, Finance , Boston, MA, Massachusetts


Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Finance Jobs


Senior Associate, Actuary - 1900136
Description: Serves as a member of Fidelity s Professional Services Group, which is part of the Health and Welfare team within Benefits Consulting. Primary Responsibilities: Collects and prepares data (more...)
Company: FIDELITY INVESTMENTS
Location: Boston, MA
Posted on: 01/11/2019

Senior Quality Assurance Engineer - 1900133
Description: Performs end-to-end functional and non-functional UI and middleware regression testing within an Agile environment. Writes, defines, and develops automated test plans and test cases. Builds end-to-end (more...)
Company: FIDELITY INVESTMENTS
Location: Merrimack, NH
Posted on: 01/11/2019


Senior Software Engineer/Developer - 1900129
Description: Designs, develops, implements, maintains, and deploys Business Process Management BPM applications according to specific needs and requirements utilizing Appian. Analyzes technical, functional, (more...)
Company: FIDELITY INVESTMENTS
Location: Boston, MA
Posted on: 01/11/2019

Log In or Create An Account

Get the latest Massachusetts jobs by following @recnetMA on Twitter!

Brookline RSS job feeds