Principal Health & Benefits and Actuarial Consultant

Are you an experienced benefits professional looking to be part of an innovative company with great leaders and a chance to make a real impact? Marsh is growing, and now is a fantastic time to join our Health & Benefits Consulting team. At Marsh People and Investments, we improve the lives of more than 110 million people every day by advancing their health, wealth, and careers. We are committed to creating exciting and rewarding futures for our clients and their employees. As a Principal Health & Benefits and Actuarial Consultant, you will lead strategic client engagements that combine advanced benefits consulting with actuarial and financial analysis. In this principal-level role, you will serve as a trusted advisor to clients, providing leadership on health and welfare strategy, funding, renewal, and plan design decisions while helping shape the direction of client relationships and project outcomes. We Will Count On You To: Lead complex client engagements, owning the scope, quality, timeliness, and budget of multiple deliverables across medical, pharmacy, dental, vision, life, and disability benefit plans. Direct teams in researching, analyzing, and evaluating benefit programs, financial outcomes, and renewal strategies to develop innovative and practical recommendations. Serve as the primary client advisor on strategic, financial, contractual, and actuarial matters, translating complex analysis into clear direction and decision support. Oversee the development and review of cost projections, financial models, benchmarking analyses, RFP responses, and executive summary reports. Lead renewal discussions, carrier negotiations, and vendor evaluations to help secure optimal health and welfare plan coverage and value. Build and maintain strong client relationships at the senior stakeholder level, anticipating needs and identifying opportunities to deepen engagement and expand advisory support. Partner with internal and external stakeholders to shape benefits design and renewal strategies that address complex client challenges. Drive business development efforts by identifying opportunities for growth, referrals, and broader client solutions. Thrive in an environment that embraces AI and technology-enabled tools to improve efficiency, insight, and client service. Be accountable for the overall success of engagements, including client satisfaction, strategic outcomes, and team performance. What You Need to Have: A BA/BS degree in actuarial science, math, statistics, finance, economics, or a related field. 5+ years of experience in health and benefits consulting and/or actuarial work. Demonstrated experience leading client engagements and delivering strategic and financial solutions for complex health care benefit plans. Progress toward the ASA designation. Strong client-facing experience and confidence advising senior stakeholders. Strong financial acumen, analytical ability, and proficiency in Microsoft Excel, Word, and PowerPoint. What Makes You Stand Out: Experience combining health & benefits consulting with actuarial leadership. Strong understanding of employer health plan strategy, renewals, funding, and plan design. Proven ability to lead large, complex projects and influence client decisions. Excellent communication, strategic thinking, and relationship-building skills. Ability to mentor others while maintaining high standards for client delivery. 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. Marsh (NYSE: MRSH) is a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. W