Actuarial Consultant

Company: McKinsey
Location: Boston
Posted on: June 13, 2021

Job Description:

You'll be part of our Actuarial team in one of our locations in Atlanta, Chicago, Dallas, Detroit or Washington DC and will be part of our Healthcare Systems and Services (HSS) practice. The Healthcare Actuarial team includes more than two dozen actuaries with expertise across commercial, Medicare, Medicaid, and other business segments to help with book-of-business teardowns, risk adjustment analytics, and Medicare growth and stars models. The experts in our Healthcare Actuarial team build and implement actuarial models to help clients optimize the growth and profitability of their risk-based healthcare businesses.

The Actuarial Team supports HSS analytics, a team of nearly 300 people offering practical tools that help people at all levels of an organization generate insights they need to address both strategic and day-to-day decisions. These solutions complement McKinsey's traditional client service and are delivered in many ways, including subscriptions, workshops, training programs and project-based engagements. We work closely with clients to embed our tools, analytics and expertise, and provide on-going support to help them build the capabilities they need to revolutionize how decisions are made.

You will leverage your risk management and advanced statistical analytic capabilities to provide expertise to our client service teams.

In this role, you will independently drive analytic workstreams and provide expert insight to colleagues managing other aspects of a given client project. Your workstreams will include quantitative analyses across the spectrum of claims, product, pricing, marketing and sales analytics, including segmentation, propensity modeling, funnel analysis, CLM, digital marketing, risk mix modeling and pricing.

• University degree with excellent academic record
• Pre-ASA, ASA or FSA designation
• Health insurance or Medicare experience is highly preferred
• 2-7 years of work experience driving business results
• Significant experience with statistical software packages such as SAS, SPSS, R and database software packages such as SQL
• Experience in segmentation analysis and world-class product pricing
• Demonstrated ability to apply analytic approaches (e.g. actuarial, statistical, data) to create meaningful and measurable business impact
• Strong project management skills; flexibility and ability to manage multiple assignments in a dynamic, complex and fast-paced environment
• Proven record of leadership
• Ability to work collaboratively in a team environment; ability to work effectively with people at all levels in an organization
• Willingness to travel

Keywords: McKinsey, Boston , Actuarial Consultant, Other , Boston, Massachusetts