We help you understand your health plan risk exposure, so you can create meaningful employee benefits solutions.

Actuarial services are a vital piece of your organization’s effectiveness and long-term viability. Today’s employers are seeking to provide personalized health plan solutions and programs that meet the needs of their employees, reflect the company culture and are cost effective. To do this, organizations need to understand their current and future risk exposure as well as their annual costs and premiums.

HUB’s actuarial services team has a deep level of expertise in group benefits, including renewals, accounting results for post-retirement benefit plans, plan design and market searches.

Our analytics process incorporates use of active visualizations of live data to help our clients make meaningful decisions for their organization. We utilize a scientific approach to help you; discover the right questions, describe better answers, identify predictive drivers and prescribe impactful outcomes.

With HUB, you’ll be confident that your rates and coverages have been properly analyzed and you’re offering the best employee coverage at affordable rates.

HUB’s actuarial services team helps clients with:

• Valuation – We assess an employer’s post-employment and retirement allowances to give them an understanding of future financial obligations.
• Rate setting – For large employers we help to identify areas for savings and negotiating points with carriers. For employers who offer flexible group plans, we help determine pricing, flex “price tag” analysis and cost sharing implications.
• Forecasting – For employers comparing carrier quotes, our team can perform mid to long-term cost projections and analyses to validate the best overall proposal.
• Collective bargaining support – For employers who offer benefits that are collectively bargained, our team can estimate the costs of requests and counter-proposals and conduct sound projections of the costs resulting from plan changes.
• Other services – In addition to traditional actuarial services, we offer M&A due diligence analysis, employee benefits benchmarking and calculation of payroll deductions.

Let HUB’s actuarial experts help you develop sound strategies to manage your group insurance costs and plan for your employees’ retirement with confidence.