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Deloitte USI- Human Capital – Health Actuarial - Analyst/Consultant

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Human Capital

The Human Capital Offering Portfolio focuses on helping organizations manage and sustain their performance through their most important asset: their people. Centered on five core issues, this Portfolio signifies to the market that we see Human Capital as a topic critical to the C-Suite. As we go-to-market we will show our clients that we serve more than HR organizations – from the CEO to CFO, Risk Manager to Business Unit leader—and that we deliver on our issues and help create value for our clients.

Position Summary

Level: Analyst/Consultant

As an experienced Consultant at Deloitte Consulting, you will be responsible for individually delivering high quality work products within due timelines. Need-basis you will be mentoring and/or directing junior team members/liaising with onsite/offshore teams to understand the functional requirements.

Work you’ll do:

The work done will mainly support audit and consulting projects undertaken by the firm. The work may include one or more items from the list below (not exhaustive):
  • Develop actuarially sound rates for various healthcare products
  • Perform analysis to help our clients reduce health costs and improve their performance• Prepare and review reserves and assumptions in support of Deloitte audits of health care liabilities (incurred but not reported (IBNR), medical loss ratio (MLR) rebates, risk adjustment, etc.) and group insurance liabilities (IBNR, active life reserves, disabled life reserves, etc.) across various accounting base
  • Assist insurance carriers with the implementation of Long Duration Targeted Improvements for GAAP accounting standards
  • Assisting insurance carriers on their finance or data modernization journey
  • Develop models to understand the financial impact of proposed solutions and strategies
  • Align provider contracting strategy with rating trends
  • Price alternative plan designs and define product strategy
  • Work with the team to develop actuarial models and calculate ROI for medical management and other health plan initiatives
  • Conduct other health actuarial consulting activities, as required
The team:

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.

At Deloitte, our actuarial consultants provide a wide range of reserving and advisory services to our clients. We help our clients combine data, processes, technology, and people in new ways to uncover valuable business insights and arrive at smarter solutions to business challenges. Our team members work collaboratively and apply their specialized knowledge and experience to help clients navigate complex financial reporting issues. We offer insights into their business practices and procedures and help them make informed decisions to enhance their business’ efficiencies.

Qualifications

Must Have Skills/Project Experience/Certifications:
  • 3 - 8 years of hands-on experience in actuarial work in the health care domain
  • Pursuing actuarial exams
  • Able to work independently or in a team environment
Good to Have Skills/Project Experience/Certifications:
  • Candidate is expected to possess strong health actuarial technical skills with a consulting mindset
  • Strong communication skills
  • Ability to program using SQL, SAS or Python
  • Extensive experience of MS Excel, VBA, Word and PowerPoint
  • Actuarial work experience in the US health care industry
  • Prior experience training/reviewing work of entry level actuarial analysts
  • Well organized with the ability to handle several projects/clients simultaneously
  • Strong work ethics with a commitment to client service excellence
  • Ability to actively contribute to the team, with various backgrounds, in a dynamic, complex and fast-paced environment
Education:
  • Graduation/Post Graduation with mathematics/statistics or any subject with sizeable mathematical content
Location:
  • Hyderabad

#HC-EH-FY26
Our purpose

Deloitte’s purpose is to make an impact that matters for our people, clients, and communities. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. Our purpose comes through in our work with clients that enables impact and value in their organizations, as well as through our own investments, commitments, and actions across areas that help drive positive outcomes for our communities.
Our people and culture

Our inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work.
Professional development

At Deloitte, professionals have the opportunity to work with some of the best and discover what works best for them. Here, we prioritize professional growth, offering diverse learning and networking opportunities to help accelerate careers and enhance leadership skills. Our state-of-the-art DU: The Leadership Center in India, located in Hyderabad, represents a tangible symbol of our commitment to the holistic growth and development of our people. Explore DU: The Leadership Center in India.
Benefits to help you thrive
At Deloitte, we know that great people make a great organization. Our comprehensive rewards program helps us deliver a distinctly Deloitte experience that helps that empowers our professionals to thrive mentally, physically, and financially—and live their purpose. To support our professionals and their loved ones, we offer a broad range of benefits. Eligibility requirements may be based on role, tenure, type of employment and/ or other criteria. Learn more about what working at Deloitte can mean for you.
Recruiting tips

From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters.

Requisition code: 308414

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