Health & Actuarial Associate

Position: Health & Benefits Actuarial Associate
Location: Montreal

This job is with Marsh McLennan, an inclusive employer and a member of my Gwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Mercer Marsh Benefits (MMB) has a fantastic opportunity to join our organization as a  Health & Benefits Actuarial Associate . This is Hybrid position and can be based in either Montreal, Ottawa, Toronto or Quebec City.
MMB is part of the Marsh McLennan family, bringing together a broad spectrum of expertise to help clients navigate the complex world of risk & wealth management, HR consulting and employee benefits.
MMB is a global leader in the health and benefits marketplace. Operating in 135 countries, our team of specialists' design benefits solutions that meet the needs of businesses and their people, drawing from global intelligence and adapting that wealth of experience to local markets.
Simple select  is our facility solution for small to mid-size employers leveraging carrier negotiated block arrangements designed to help clients attract and retain the talent needed to grow their business and keep their people healthy.
This role works with our Simple select by Mercer Marsh Benefits

SM Centre of Excellence. Simple select by MMBSM is Mercer's exclusive "One-Stop-Shop" for small to mid-sized organisations' group benefits and human resources needs.
The applicable base salary range for this role is $60,000 to $90,000
The base pay offered will be determined on factors such as experience, skills, training, location, certifications, and education. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.
We will count on you to:
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.
Simple select by MMB marketings
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

Simple select by MMB block renewals
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
Experience reports
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
Simple select Templates
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
Work on non-Simple select clients
Validate and compare premiums for…