Consulting Actuary, Employee Benefits

How have we maintained our 90 years of independence? Because we’re bullish in the industry, we’re innovative, we offer cutting-edge services and benefits, and we care deeply about our employees, clients, and communities. That’s what being part of an employee-owned, powerhouse company can do. Our employees write our playbook, have a seat at the table in the decisions we make, and work together (not against each other) — providing an exceptional employee experience.

Sound enticing? Interested in the potential of becoming a shareholder/owner for one of the largest independent brokerages in the nation? Check out our open Financial Consultant opportunity and apply!

We are looking to add a Consulting Actuary to join our Employee Benefits team in Dallas, TX. Candidates thrive in our environment when they harness their collaborative mindset, strong interpersonal communication skills, and a love of learning.

This role will assist the underwriting and analytics team with financial and accounting analysis services in accordance with the established objectives and procedures of Holmes Murphy & Associates.

Duties:

Financial/Clinical Reporting

• Runs and Analyzes client monthly financial reporting (MFSR).
• Presents MFSRs to clients.
• Participates in development of financial reporting enhancements.
• Provides complex CLUE reporting, presents results to clients.
• Assists in development of new CLUE reporting.
• Runs, analyzes and delivers IBNR analysis.
• Takes prominent role in the development of new client financial and clinical analysis and tools.

Financial/Clinical Consulting

• Builds and maintains Financial/Clinical models to support client account teams; mentors and trains junior staff, as necessary.
• Provides Financial/Clinical consulting to clients with respect to their employee benefit health and welfare plans; Responsible for presenting financial/clinical data to clients.
• Awareness of opportunities provided by emerging market conditions that impact client health and welfare plans from a cost and clinical perspective.
• Assists in development and enhancements of new and existing client budget/clinical tools.
• Mentors junior team members as needed.

General Responsibilities

• Provides timely, accurate, courteous, and appropriate responses to co-workers, clients and insurance carriers.
• Identifies and takes ownership of problem-solving opportunities.
• Awareness of opportunities regarding HIPAA, ERISA, PPACA and all other employee benefit related compliance regulations, particularly as it pertains to client financial and budget needs.
• Awareness of opportunities with respect to plan designs, funding arrangements, benefit/demographic adjustments, stop-loss insurance, out of network savings arrangements.
• Project management of complex financial/reporting/ H&W benefits projects.
• Recommends complex strategic and tactical initiatives based upon clinical and financial data.
• Performs additional duties upon request (e.g. Biometric, Incentive Files, File compiling).
• Employs Holmes Murphy & Associates policies and procedures to execute all job-related responsibilities.

Knowledge, Skills, and Abilities:

• Ability to understand and work with financial, accounting, math and health care concepts.
• Strong programming skills and knowledge of Excel, PowerPoint.
• Advanced level of data understanding and use
• Effective verbal and written communication skills, as well as ability to present information effectively in a client setting.
• Ability to work with detail, follow directions and maintain a high level of accuracy.
• Ability to listen, understand and address client needs and concerns in the processes.
• Excellent project and time management skills.
• Is multi-tasked oriented and prioritizes work, voluntarily extends hours, and/or solicits additional resources when necessary to ensure timely completion of tasks.
• Passes actuarial exams and become an Associate or Fellow in the Society of Actuaries, within a reasonable timeframe.
• Must be knowledgeable of and comply with HMA's Client Privacy Policy, HIPAA regulations and E&O procedures and policies.

Qualifications:

• Education: College degree preferred. Active state-specific Life/Health Insurance agent license preferred.
• Experience: 5-7 years’ experience, preferably in a life/health, employee benefits or provider organization.

Benefits:  In addition to core benefits like health, dental and vision, also enjoy benefits such as:

• Paid Parental Leave and supportive New Parent B