Human Capital
Our Human Capital practice is at the forefront of transforming the nature of work. As converging forces reshape industries, our team uniquely addresses the complexities of work, workforce, and workplace dynamics. We leverage sector-specific insights and cross-domain perspectives to help organizations tackle their most challenging workforce issues and align talent strategies with their strategic visions. Our practice is renowned for making work better for humans and humans better at work. Be part of this exciting era of change and join us on this transformative journey.
The Team
Insights, Innovation, and Operate
Our Insights, Innovation & Operate Offering is designed to enhance key aspects of our clients' businesses by leveraging cutting-edge technology, data, and a blend of deep technical and human expertise. We innovate and deliver creative, industry-specific solutions that streamline operations and accelerate speed-to-value.
Recruiting for this role ends on October 31, 2025.
Work you’ll do:
As a Deloitte Consulting Health Actuary Advisor in Deloitte Human Capital, you will provide technical and analytical support in a consulting environment.
The job functions include Client project engagements in Deloitte Human Capital’s Health Actuarial Plan & Insurance Center of Excellence (HAPI COE) which involve:
- The independent calculation of Health Plan Actuarial liabilities for Incurred But Not Paid (IBNP) claims and Loss Adjustment Expense (LAE) for products covering Medical, Pharmacy, and Vision/Dental benefits, and comparison with Audit Client’s methodology and estimates.
- The detailed review of Audit Client’s methodology used to develop estimates for other Health Plan Actuarial liabilities for Premium Deficiency Reserves, Medicare Risk Adjustment, MLR (Minimum Loss Ratio) Calculations, Provider Liabilities / Risk-Sharing, and other Contract Reserves / Policy Reserves.
- Actuarial reviews of all booked Health Plan Actuarial liabilities for compliance with applicable regulatory requirements.
- Coordination of planning, managing execution, and delegation of project tasks to ensure quality deliverables for Audit Support and Statements of Actuarial Opinion.
- Development of internal and external communications, drafting client-ready emails and questions while keeping all parties updated on progress.
- Oversight and project management of junior actuaries and staff work streams, while promoting inclusion, collaboration, and professional growth.
- Detailed review of all project deliverables, memos, reserving models, and related workpapers, to ensure they are complete, accurate, and client-ready, following firm and regulatory standards for quality and documentation consistency, and are archived appropriately.
- Assistance in financial management of client engagements, project management through utilization of project management tools.
Qualifications
Required:
* Bachelor’s degree
* 6+ years of Health Actuarial experience
* Successfully passed 2 actuarial exams
* Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
Preferred:
* 6+ years of experience working in a consulting or insurance company environment
* 2+ years of experience managing teams
* Proficient in Microsoft Excel, Word, and PowerPoint, with at least 2 years’ experience creating advanced Excel models (e.g., pivot tables, VLOOKUP, data analysis) and developing client-ready PowerPoint presentations for executive-level audiences.
* 4+ years of demonstrated competency in:
- Statutory/GAAP reporting, regulation, and compliance with Actuarial Standards of Practice
- Calculation of IBNP Medical Claim liability and other Health Plan Actuarial liabilities
- Health Plan/Insurance Data sources/modeling
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $125 - $155 per hour.
Possible Locations: Atlanta, Austin, Baltimore, Birmingham, Boca Raton, Boise, Boston, Charlotte, Chicago, Cincinnati, Cleveland, Columbus, Costa Mesa, Dallas, Davenport, Dayton, Denver, Des Moines, Detroit, Fort Worth, Fresno, Grand Rapids, Hartford, Hermitage, Houston, Huntsville, Indianapolis, Jacksonville, Jericho, Jersey City, Kansas City, Las Vegas, Los Angeles, Louisville, McLean, Memphis, Miami, Midland, Minneapolis, Morristown, Nashville, New Orleans, New York, Philadelphia, Pittsburgh, Portland, Princeton, Raleigh, Richmond, Rochester, San Antonio, San Diego, San Francisco, San Jose, Seattle, St. Louis, Stamford, Tallahassee, Tampa, Tempe, Tulsa, Washington DC
Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html
For more information about Deloitte and Human Capital, visit our landing page at: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-consulting-careers.html
