Senior Actuarial Consultant - OPEB

About Us:

HUB International is a global insurance broker providing a broad array of property, casualty, risk management, life and health, employee benefits, investment and wealth management products and services. HUB has more than 650 offices across the United States, Canada and Puerto Rico with more than 20,000 employees. Our regional offices throughout North America are dedicated to helping individuals and businesses evaluate and manage their risks and insurance needs.  We are a company dedicated to superior customer service with employees committed to adding value to every client activity.

General Description (Summary, Scope, Purpose):

The Senior Actuarial Consultant - OPEB will play a pivotal role within HUB Texas, specializing in Other Post-Employment Benefits (OPEB) and retiree medical plan valuations. This individual will oversee a portfolio of OPEB clients and lead actuarial valuations, financial reporting, and funding analysis initiatives, offering critical support to our national and regional consulting teams. The Senior Actuarial Consultant will also provide mentorship to junior team members and may eventually assume people management responsibilities.

This role requires a hands-on approach to actuarial valuations with a strong focus on accuracy and attention to detail. The consultant will leverage deep expertise in employer-sponsored compliance requirements—including GASB 74/75, FASB ASC 715-60, and IASB 19(r) accounting standards—to deliver comprehensive valuation reports, reserve analyses, and funding recommendations.

In this collaborative role, the Senior Actuarial Consultant will work closely with internal teams and external clients, presenting complex actuarial concepts in clear, understandable terms. They will act as a strategic advisor and subject matter expert, helping clients navigate challenging OPEB funding and compliance issues while supporting business development and driving success across the organization.

Essential Duties and Responsibilities:

The essential duties contained in this job description reflect general details as necessary to describe the principal functions of this job, the level of knowledge and skill typically required and the scope of responsibility. It should not be considered an all-inclusive listing of work requirements. Individuals may perform other duties as assigned, including work in other functional areas to cover absences, equalize peak work periods or otherwise to balance the workload.

• Lead actuarial valuations for OPEB and retiree medical plan clients, including required accounting reports (GASB 74/75, FASB ASC 715, 958, 965), liability determination, and funding analysis

• Present actuarial OPEB results to clients in a clear and easy to understand manner, helping clients solve challenging problems and make informed decisions

• Manage multiple complex projects and clients simultaneously, balancing accuracy requirements with deadlines, client budgets, and maintaining client relationships and contracts

• Update, build, and review tools and templates as needed, including ProVal and other actuarial software

• Lead client and internal client team meetings, communicating complex actuarial issues clearly and concisely to non-technical audiences

• Manage several complex projects and clients simultaneously, effectively managing deadlines and maintaining client relationships

• Assist with updating, building and reviewing tools and templates as needed, including expertise in ProVal and other actuarial software

• Develop methodologies and analysis approaches for retiree medical plan valuations and funding strategies

• Represent the organization to prospective and current clients, supporting business development efforts

• Support junior colleague development through peer review and mentorship

• Partner with the Employee Benefits (EB) consulting teams, including but not limited to producers, account managers, and the financial consulting team

Requirements:

• Bachelor’s degree 

• Associate of the Society of Actuaries (ASA) certification

• Member of the American Academy of Actuaries and able to sign off on statements of actuarial opinions

• 10+ years of relevant experience, with extensive history retiree medical consulting

• Exposure to various industries, including education, healthcare and public-sector

• Proficiency with Excel and ProVal

• Ability to communicate clearly with clients and internal stakeholders

• Experience leading client teams and/or projects

• Passion for leading and developing others