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Actuarial Analyst 1803CPBS

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Raleigh, NC

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MMA Mid-Atlantic – Raleigh, NC

Actuarial Analyst

Marsh & McLennan Agency (MMA) is a wholly owned subsidiary of Marsh, serving the risk prevention and insurance needs of middle market companies in the United States. MMA has access to broad resources and solutions across all of its sister companies under the Marsh & McLennan Companies (MMC) banner.

Through the strength of our management team, our geographic presence and our world class services, MMA provides public and private companies with risk management and employee benefit support that helps them flourish. We are proud to provide our clients with best-in-class services that meet their growing needs.


Manages analysis, including drill down, into the utilization and unit cost drivers of medical and pharmacy expenses; develops recommendations related to plan designs, contributions and types of care and providers warranting attention.

Prepares claim projections and trend analysis for larger clients; tracks claims and updates forecasts; compares funding mechanisms.

Reviews and prepares annual benefit plan renewals for clients; interacts effectively with insurance carrier underwriting and actuarial personnel to ensure clients are receiving fair and equitable ratings and premiums.

Develops modeling tools and spreadsheets to assist clients, prospective clients and their employees with benefit plan decisions, including consumer directed health care such as health savings accounts and health reimbursement arrangements.

Develops models to predict the pattern of IBNR reserves with accuracy and reduced variance.

Evaluates wellness programs and performs cost/benefit analysis on population management support programs.

Provides tools to assessing the financial terms of carrier proposals on all types of employee benefit programs, including medical, pharmacy, disability, life, long term care, dental and voluntary products.

Acts as an analytical resource for account managers and benefit advisors on a daily basis.

Manages revenue received by company to ensure accurate and timely payments.


Advanced proficiency in Microsoft Office Suite, including Excel, Word, PowerPoint, and Access as well as data management and database applications.

Must have strong relationship building skills and be customer focused.

Strong oral and written communication essential.

Highly motivated and strong work ethic with consistent initiative and follow through on projects and tasks to completion while meeting deadlines; ability to work independently toward objectives with a sense of urgency.


Bachelor’s Degree in mathematics, statistics, economics or similar field required.

Exceptional Analytical Ability as demonstrated through course work and experience.

Successful completion of actuarial exam recommended.

Current Life & Health licensure or ability to obtain within 90 days of employment.

Travel to various office and client locations may be required. Must have valid transportation.

Company info

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Company Profile
Marsh & McLennan Companies is a professional services firm like no other — a global network of more than 60,000 experts in risk, strategy, and people, united by an unusually collaborative culture that transcends business units and borders. We bring the best people together to help clients discern new possibilities and pursue them with success. For 146 years, we have grown by helping our clients prosper amid changing times and technologies, from the Industrial Revolution to the digital age. Our work today embraces many of society’s most complex challenges: sustainable business growth; the health, wealth, and performance of organizations' people; resource security; cyber security; economic instability; climate change; and terror threats.

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