Job Description
Job Description ABOUT US At HUB International, we are a team of entrepreneurs. We believe in protecting and supporting the aspirations of individuals, families, and businesses. We help our clients evaluate their risks and develop solutions tailored to their needs. We believe in empowering our employees to learn, grow, and make a difference. Our structure enables our teams to maintain their own unique, regional culture while leveraging support and resources from our corporate centers of excellence. HUB is a global insurance and employee benefits broker, providing a boundaryless array of business insurance, employee benefits, risk services, personal insurance, retirement, and private wealth management products and services. With over $5 billion in revenue and almost 20,000 employees in 600 offices throughout North America, HUB has grown substantially, in part due to our industry leading success in mergers and acquisitions. ABOUT THE ROLE The Actuarial Consultant will support our growing national actuarial practice, initially reporting to the National Director of Underwriting and Actuarial Services. This individual will support a portfolio of Employee Benefits (EB) clients varying in the role of lead actuary (for small to mid-market clients) and supporting actuary (for the large market clients). The Actuarial Consultant will also provide mentorship to junior team members and may offer support to regional consulting teams. This role requires a hands-on approach to both routine and ad hoc analyses, leveraging data from our warehouse and other systems to meet client needs and support strategic national initiatives. In this collaborative role, the Actuarial Consultant will work closely with specialty practices such as Clinical and Pharmacy teams, as well as development teams, to drive success across the organization. They will act as a valuable resource for regional financial consulting teams, helping ensure exceptional service and expert guidance. In This Role, You’ll Get To 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. Act as client lead for small and mid-market clients; provide support to large clients Coordinate with internal teams to ensure high-quality, timely deliverables for clients Support the National Director and Senior Actuary to offer actuarial direction and strategic guidance, supporting the financial reporting needs enterprise-wide, including the development of financial templates, calculators, and models Execute projects, including: experience reports, budget projections, and reserve setting Work on ad hoc projects requiring data analysis within Excel and HUB’s data warehouse Update, build, and review tools and templates Collaborate with Clinical, Pharmacy, and Health & Performance teams on various cost containment analyses and strategies Analyze benefits plans, funding mechanisms and/or vendor partners to help achieve clients’ goals Act as a strategic advisor/SME to clients and/or internal stakeholders as it relates to actuarial and financial consulting needs May represent HUB to prospective and current clients Work on special projects and continue to build technical skills Support junior colleague development through peer review and mentorship Role Requirements Bachelor’s degree. Active Associate of the Society of Actuaries (ASA) certification Able to sign actuarial certifications with necessary Associate of the Society of Actuaries and Member of the American Academy of Actuaries credentials 5+ years of employee benefits consulting experience. Experience with clients ranging from mid-market, upper mid-market, and jumbo preferred Knowledge of various markets across the US preferred Exposure to various industries, including education, healthcare and public-sector preferred Proficiency with Excel, VBA, Power Query, Power BI, SQL, and/or other technical experience Experience with self-funded clients and comfortable projecting budgets, setting reserves, and negotiating renewals Strong critical thinking skills and ability to manipulate and analyze data Passion for leading and developing others Ability to communicate clearly with clients and internal stakeholders Experience leading client teams/projects and delivering client presentatio