Marsh & McLennan Companies Mercer | Senior H&B Actuarial Consultant in Quebec, Canada

At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating more secure and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, assuring income for retirement or aligning workers with workforce needs. Using analysis and insights as catalysts for change, we anticipate and understand the individual impact of business decisions, now and in the future. We see people’s current and future needs through a lens of innovation, and our holistic view, specialized expertise, and deep analytical rigor underpin each and every idea and solution we offer. For more than 70 years, we’ve turned our insights into actions, enabling people around the globe to live, work, and retire well. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. At Mercer, we say we Make Tomorrow, Today. Visit for more information and follow us on LinkedIn and Twitter @Mercer

Mercer LLC and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC).

Position Summary:

The purpose of this position is to manage the actuarial/financial projects of group insurance benefit plans and advise clients accordingly. Level of support depends on the size of client as well as complexity and revenue of the account – at this level the senior consultant is considered the client owner for larger clients. A part of this role is also to act as a mentor to more junior actuarial staff and oversee their basic actuarial work.

Financial Analysis:

This position provides management of the financial analysis for more complex and/or larger clients, including more in-depth analysis for complex situations that require additional research or discussion with Mercer subject matter experts. For less complex and involved work, this oversees the analysis of more junior staff.

The role typically oversees the financial analysis work of a more junior consultant as well as analyst, including:

  • Perform basic cost projections

  • Analyze vendor renewals by checking carrier’s plan rates for reasonableness and by analyzing claims, trend rates, administrative expenses and other charges

  • Develop and Price design modification, including flexible benefit programs

  • Develop employee contributions scenarios and project contributions to the next plan year, taking into account the cost-sharing goals of the client

Project Management & Consulting Skills:

  • Manage actuarial projects from start to finish.

  • Manage the quality and timeliness of client deliverables.

  • Develop budgets and billing reports.

  • Act as the senior client contact for financial work.

  • Prepare and deliver clear and concise client-friendly communications.

  • Present results to clients.

  • BA/BS degree

  • Ten or more years of H&B or relevant actuarial experience required.

  • Advanced knowledge of employee benefit underwriting. Thorough understanding of complex benefit concepts such as health care management, flexible benefits and alternative funding.

  • Superior analytical and mathematical skills, strong command of Excel.

  • Strong strategic planning skills.

  • Excellent interpersonal skills, strong oral and written communication skills.

  • Excellent organizational and project management skills with the ability to prioritize and handle multiple and complex tasks in a demanding work

Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, pension, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us at: We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us

Job: *Actuarial

Title: Mercer | Senior H&B Actuarial Consultant

Location: Canada-Quebec-Montreal

Requisition ID: MON0010P