2027 Undergraduate Full-Time - H&W Actuarial Associate, Workplace Consulting

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position

2027 Undergraduate Full-Time – H&W Actuarial Associate, Workplace Consulting

Are you a passionate and self-motivated person who would thrive in a collaborative environment? If so, come build your career with us!

Our health and welfare consulting team at Fidelity provides a unique experience for candidates looking for an opportunity to grow their consulting career. Specifically, our team is organized to focus on three key experiences:

We are client focused. Our work with clients is oriented around problem solving and not defined by products we can upsell to our client. Simply put we do what is best for our clients with no conflicting interests. All members of our team work with our most senior leaders on a day to day basis. This gives everyone the opportunity to learn from industry leaders with 20+ years of experience in H&W consulting. We think it is important for our associates to have client exposure early in their careers and throughout to develop strong relationship skills. As such, we provide opportunities for all to gain valuable client exposure and assist in the critical process of building client relationships that last.

The Role

As an Associate, you will help to provide H&W clients a different perspective based on data-driven solutions. Consulting engagements can involve a variety of topics including but not limited to plan design, compliance and reporting services, pricing and employee contribution settings, or retiree health care solutions. You will support H&W Workplace Consulting projects, work with other associates and promote teamwork.

The Expertise We’re Looking For

• Bachelor’s degree in Mathematics, Actuarial Science, Health or other quantitative subject major preferred
• Internship experience

• Having passed at least one Society of Actuaries exam

• Courses in business, accounting, finance, or economics is a plus

The Skills You Bring

• You have familiarity with spreadsheet and database programs, including Microsoft Office
• You are committed to constant self-improvement and exhibit a competitive drive
• You are comfortable asking for help
• You are resourceful, organized, and able to prioritize multiple tasks at the same time
• You have a high aptitude to learn new things quickly and adapt to new situations
• Your commitment to learning
• Pursuing actuarial credentials

The Value You Deliver

·Collecting and preparing data necessary to analyze benefit programs

·Maintaining organized storage of client documentation (e.g., SPDs, contracts, employee communication)

·Assisting in the development of health and welfare program pricing, reserving, budgets, employee contributions and premium equivalent rates for self-insured plans

·Assisting in the negotiation of rates, contractual provisions and performance guarantees with current benefit vendors

·Performing marketing analysis including RFP creation, proposal collection, and vendor comparisons; Assisting with vendor selection, performance criteria, pricing negotiations and contractual provisions

How Your Work Impacts the Organization

The Fidelity Workplace Consulting Group is composed of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, providing a broad range of services that touch on every area of benefits design, strategy, funding, communication, and delivery. Most of our team comes from other leading consulting firms. While we focus on working with the Fortune 100, we also work with Fidelity clients of all sizes. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting

Our Commitment to you

• Student loan assistance and tuition reimbursement for eligible employees
• 23+ days of paid time off (based on years of service) plus 8 paid Federal holidays
• Opportunities to volunteer and give to your local community during work hours
• To learn about additional benefits, click HERE

Company Overview

At Fidelity Investments, our customers are at the heart of everything we do. As a privately held company wi