Health - Actuarial Services

We are seeking a talented individual to join our Health Actuarial team at Mercer, a Marsh business. This role will be based in Gurugram / Noida. This is a hybrid role that has a requirement of working at least three days a week in the office.

Mercer's GSD Health Actuarial team support client engagements focused on U.S. employers' healthcare benefits & prescription drug strategies and financials. This is a hands-on role working with U.S. Consulting & Actuarial teams to deliver high-quality analysis and client materials. The successful candidate will be an individual contributor developing expertise by supporting client deliverables such as underwriting, financial projections, carrier selection analysis, plan design optimization, and employee contribution setting, assisting with reserving analyses, and evaluating well-being initiatives and other programs for their cost and outcome impacts.

We will count on you to:

• Contribute to the development of client deliverables such as underwriting and financial projections, carrier selection analysis, plan design changes and optimization, and employee contribution setting.
• Estimate incurred but not paid (IBNP) claims and assist with reserving analyses to support client financial planning.
• Analyze and evaluate well-being initiatives and other health-related programs for their cost-effectiveness and impact on outcomes.
• Collect and analyze pharmacy claims and utilization data to support client analysis and decision-making.
• Assist in the development of client deliverables for multiple MercerRx solutions, including reports, spreadsheets, and presentations.
• Help prepare and write client communications, ensuring clarity and professionalism in reports, spreadsheets, and presentations.
• Participate in occasional client-facing activities and collaborate with senior staff on presentations and financial discussions with clients.
• Build and maintain strong working relationships with U.S. consulting teams, internal subject-matter experts, and other relevant stakeholders.
• Support project management activities including scoping tasks, managing deadlines, prioritizing competing workstreams, and ensuring timely delivery of accurate and high-quality outputs.

What you need to have: 

• Bachelor's degree in actuarial science, Mathematics, Statistics, Finance, or a related field
• Progress toward or attainment of actuarial credentials.

What makes you stand out?

• Excellent communication skills, with the ability to translate complex technical concepts for diverse audiences
• Project management experience and managing deadlines

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.

Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.