Consulting
Actuarial Analyst, Social Healthcare & Public Entities
Job ID: 95636Do you want to work on complex and pressing challenges-the kind that bring together curious, ambitious, and determined leaders who strive to become better every day? If this sounds like you, you've come to the right place.
Your ImpactYou will leverage your actuarial and industry experience, as well as your analytics skills to develop capabilities and to provide expertise and insights as part of our client service teams.Your workstreams could include quantitative analyses across the spectrum of claims, product, pricing, marketing and sales analytics, including segmentation, propensity modeling, funnel analysis, CLM, digital marketing, risk mix modeling and pricing.Your GrowthYou'll work in one of our offices in North America as part of our Social, Healthcare and Public Entities (SHaPE) practice. The Actuarial team includes more than a dozen actuaries with expertise across commercial, Medicare, Medicaid, and other business segments to help with book-of-business teardowns, risk adjustment analytics, and Medicare growth and stars models. The experts in our Actuarial team build and implement actuarial models to help clients optimize the growth and profitability of their risk-based healthcare businesses.The Actuarial Team supports client engagements clients across the healthcare industry, offering expertise and practical tools that help people at all levels of an organization generate insights they need to address both strategic and day-to-day decisions.We work closely with clients to embed our tools, analytics and expertise, and provide ongoing support to help them build the capabilities they need to revolutionize how decisions are made.Your qualifications and skillsUniversity degree with excellent academic record
2+ years of work experience driving business results
ASA or FSA designation required
Health insurance experience is highly preferred
Significant experience with statistical software packages such as SAS, SPSS, R and database software packages such as SQL
Experience in segmentation analysis and world-class product pricing
Demonstrated ability to apply analytic approaches (e.g., actuarial, statistical, data) to create meaningful and measurable business impact
Strong project management skills; flexibility and ability to manage multiple assignments in a dynamic, complex and fast-paced environment
Proven record of leadership
Ability to work collaboratively in a team environment; ability to work effectively with people at all levels in an organization
Willingness to travelPlease review the additional requirements regarding essential job functions of McKinsey colleagues.
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Apply LaterFOR U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by applicable law.
Certain US jurisdictions require McKinsey & Company to include a reasonable estimate of the salary for this role.
For new joiners for this role in the United States, including all office locations where the job may be performed, a reasonable estimated range
is $125,000 - $130,000 USD -to help you understand what you can expect. This reflects our best estimate of the lowest to highest
[salary/hourly wages] for this role at the time of this posting, ensuring you have a clear picture right from the start, though it's important
to remember that actual salaries may vary. Factors like your office location, your unique blend of experience and skills, start date and our current
organizational needs all play a part in determining the final figure. Certain roles are also eligible for bonuses, subject to McKinsey's discretion
and based on actors such as individual and/or organizational performance.
Additionally, we provide a comprehensive benefits package that reflects our commitment to the wellness of our colleagues and their families.
This includes medical, mental health, dental and vision coverage, telemedicine services, life, accident and disability insurance, parental leave and family planning benefits, caregiving resources, a generous retirement contributions program, financial guidance,
and paid time off.
FOR NON-U.S. APPLICANTS: McKinsey & Company is an Equal Opportunity employer. For additional details
regarding our global EEO policy and diversity initiatives, please visit our
McKinsey Careers and
Diversity & Inclusion sites.
Job Skill Group - CSS Pre-Associate
Job Skill Code - JPS - Junior Specialist
Function -
Industry - Healthcare Systems & Services
Post to LinkedIn - Yes
Posted to LinkedIn Date - Thu Feb 27 00:00:00 GMT 2025
LinkedIn Posting City - Chicago
LinkedIn Posting State/Province - Illinois
LinkedIn Posting Country - United States
LinkedIn Job Title - Actuarial Analyst, Social Healthcare & Public Entities
LinkedIn Function - Consulting
LinkedIn Industry - Hospital & Health Care;International Affairs;Management Consulting
LinkedIn Seniority Level - Entry levelEqual Opportunity Employment DisclaimerMcKinsey & Company is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, national origin, disability, veteran status, and other protected characteristics.