Director, Actuarial Services

About Marsh McLennan Agency Midwest

Marsh McLennan Agency’s Midwest Region is a full‑service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. MMA Midwest is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development. Colleagues enjoy an award‑winning culture that fosters a highly productive and results‑driven working environment.

As our Director, Actuarial Services on the Financial Analytics team, you’ll lead and expand our actuarial and financial analytics services. You will oversee actuarial compliance, regulatory reporting, and the development of proprietary models and analytics to support our client base. You will unify and manage underwriting and actuarial teams, drive innovation, and enhance our competitive position in the market.

• Minimum 10 years of actuarial experience in Health Insurance / Benefits Consulting, with proven ability to work in a matrixed environment with competing priorities.
• Leading, managing, and developing Actuarial and Underwriting teams, fostering a unified and collaborative environment
• Expertise in self‑funded employee benefits, medical, Rx, stop loss, IBNR, and discount analysis as well as overseeing actuarial compliance and regulatory reporting.
• Providing consultative support throughout the client lifecycle, assisting with prospective efforts, and supporting renewal negotiations
• Developing, validating, and innovating proprietary actuarial models, templates, and financial analyses
• Collaborating with Financial Analytics and other actuarial hubs to enhance cost projection processes and ensure actuarial soundness
• Bachelor’s Degree or equivalent work experience and an Associate or Fellow of the Society of Actuaries.

• Proficiency in MS Office (Word, Excel, PowerPoint), with advanced skills in Excel, Access, and actuarial software.
• Willingness to travel up to 30%

• Medical, dental, vision, 401K benefits and more
• The flexibility to work at home or an office, based on your discretion and schedule
• Start with 20 days of paid time off
• A paid day off to volunteer and company‑organized volunteer events
• Up to $1,000 per year in matching charitable donations
• Up to $750 per year in wellness rewards
• All the nitro cold brew coffee and sparkling water you can drink
• A company‑wide mentality that you can never appreciate your co‑workers too much

MMA Midwest has created an award‑winning culture largely due to meeting our colleagues where they are, celebrating their differences and building an inclusive environment. We challenge ourselves to create a workplace where our colleagues feel not only welcomed, but feel they belong; where we not only embrace diverse perspectives and opinions but seek them out; and where we ask not how a colleague fits our culture, but what they add to it.

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The applicable base salary range for this role is $115,000 to $214,500. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case‑by‑case basis. In addition to the base salary, this position may be eligible for performance‑based incentives. We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.