Job Description
Marsh Risk is a global leader in the health and benefits marketplace, offering an opportunity for a Health & Benefits Actuarial Associate. The role involves collaborating with local consulting teams, improving operational efficiencies, and supporting junior team members, while contributing to the development of benefits solutions for clients. Responsibilities Simple select - Being an ambassador Point of contact for ongoing local consulting team questions Collaborate with operations to ensure all terms and conditions released to renewal methodologies and placement process are implemented Develop and improve efficiency leveraging new technology Collaborate with Operational co-ordinator to develop procedural efficiencies and adapt newly launched technology Support educating junior team members on process and procedures as well as new products Collaborate with the SME leader to manage the technical aspects of submissions, plans, experience tracking, and renewal negotiations with insurers Complete marketing and financial reports into templated reports within required turnaround time Peer review other Simple select by MMB teammates work to ensure accuracy and reasonableness of quotes Assist in maintaining block quote tracking tool and act as mentor for the team Assist in assigning quote requests to team and peer review prior to sending to local consulting team Assist in tracking carrier inconsistencies for competitiveness and report to SME Leadership team for quarterly insurer review Ensure all negotiated terms and conditions are applied Work as part of the block renewal team to collect and review renewal data for accuracy and reasonableness Prepare templated client reports to cascade to local consulting teams Respond to questions from local teams related to the block renewal Maintain experience reporting calendar for each Simple select by MMB preferred partner and lead the process Gather necessary data from the preferred partner review to ensure it is complete, accurate and reasonable; and prepare templated experience reports with the support of other Simple select by MMB teammates Work with other Simple select by MMB teammates to ensure all experience reports are sent in timely fashion Lead and assist development and evolution of tools and templates used for workflow, financial summaries and block renewals Offer suggestions for improved processes Liaise with local consultant teams to ensure templates are current and valid Validate and compare premiums for group benefit plans under vendor renewals, quotes or benchmarking exercises Produce experience monitoring reports for clients and analyze the impact of any recent changes Prepare cost projections for plan options Analyze financial statements of group insurance plans and review the financial agreement to suit the client needs Analyze, negotiate and complete renewal reports for clients out of the Simple select Complete reporting for globally man Senior Manager – Risk Consulting Northeast Italy (Padova) Skills Around 10 years of experience in consulting Based in/nearby Padova or willing to relocate Solid experience in managing client relationships and contributing to project leadership Good understanding of market expansion strategies and regional business dynamics at a mid-senior level Proven ability to support the development and implementation of strategic plans that deliver results Fluent in English Native Italian speaker Business development acumen with a consultative approach to client engagement Exceptional communication and interpersonal skills, capable of influencing at all organizational levels Analytical mindset with the ability to interpret market data and translate insights into actionable strategies Knowledge of the Northeast environment Collaborative team player with a proactive and solution-oriented attitude Benefits Health and welfare benefits Tuition assistance Retirement programs Employee assistance programs Company Overview We help our clients and colleagues grow — and our communities thrive — by protecting and promoting possibility. It was founded in 1871, and is headquartered in New York, New York, USA, with a workforce of 10001+ employees. Its website is