Senior Health Actuary W/fsa
Spring Consulting Group LLC (Boston, Massachusetts)

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SENIOR HEALTHCARE ACTUARY POSITION

Position Description: Senior Consulting Actuary

Position Overview:
Spring Consulting Group, LLC is looking for a creative thinker to drive the development of a new captive healthcare product line and manage a team of 2+ actuaries in providing support and subject matter experience in some of our key business areas. The individual will work out of our Boston office.

Company Background:
Spring provides strategic consulting services to Fortune 1000 employers, and insurance and financial services organizations throughout the world.  Our consulting team has extensive industry experience in areas such as health care, life insurance, disability management, retirement consulting and actuarial services. In addition, the firm provides strategic consultation directly to employers on the use of captive insurance facilities in the employee benefits area.  Formerly the U.S. Strategy Consulting unit of Watson Wyatt Insurance & Financial Services, Inc., Spring was founded by its management team. The Spring organization is led by a management team that includes Karin Landry, John Cassell, and Karen English. Please visit our website at www.springgroup.com for more information.

Candidate Qualifications:

The ideal candidate will have an FSA designation, 10+ years experience in designing and pricing group healthcare products and meet the AAA qualification standards for signing healthcare reserve statements.  In addition, they will possess:

· Orientation towards product and business development

· Oral and written communications skills, with expertise in technical writing to support actuarial opinions

· Interest in training and mentoring junior actuarial staff

· Strong attention to detail, analytical and problem solving skills

· High level of responsiveness and dependability

· Flexibility to adapt to a dynamic, fast-paced, team environment

· Ability to meet deadlines and manage multiple tasks

· Proficiency in all aspects of financial modeling and analytical techniques

· Proven research capability and strong technical skills, ideally with knowledge of Apex.


Position Responsibilities:

  Driving force behind a new product line for the captive healthcare marketplace

  Setting medical premium / working rates for captive insurance companies

· Reserve calculation and Statements of Actuarial Opinion for captive healthcare products

· Manager of 2+ actuaries providing support and subject matter expertise in areas such as health care, life insurance and disability

· Product development in areas including employee benefits funding, captive insurance and health care design

· Building financial and analytical models in support of various project initiatives