Mark F. Olson
FSA, MAAA, FCA
Mark Olson is a highly accomplished actuarial strategist and nationally recognized expert in shaping effective health care benefit plans, and risk management strategies for large organizations. Leveraging three decades of consulting experience, Mark helps clients to manage risks while striking the optimal balance between plan costs and benefits, while mitigating program risks.
Mark has a long track record of helping clients to improve the overall structure and component elements of their health and welfare benefit plan. His areas of specialty include the following.
Developing strategic health and welfare benefit plan objectives, strategies, and tactics
Building detailed financial analyses, including pricing and contribution strategies
Establishing performance metrics and other measurement criteria for health care networks
Performing in-depth post-retirement and post-employment welfare benefit valuations
Developing performance level guarantees and monitoring adherence
Prior to working with SBA, Mark was a senior consulting actuary and strategist in Willis Towers Watson’s Health and Group Benefits practice. As team leader and supervising consultant, he provided counsel on health care plan development and risk management strategies to executive teams and HR leaders in some of the world’s largest corporations, as well as in large health care delivery organizations and government agencies.
Prior to Willis Towers Watson, Mark was at Travelers Insurance for nearly a decade where he responsible for managed care pricing for national accounts in the companies Midwestern and Western regions. Mark gained additional risk management and financial modeling experience in the life sciences, financial services, manufacturing, and automotive industry sectors.
Mark has been quoted in Health Leaders, Financial Executive, Money Magazine, The Washington Post, and has appeared on CNN as an expert on Health Care Reform. In addition, he has conducted continuing education sessions for the Society of Actuaries and the Conference of Consulting Actuaries.
Education and Credentials
Mark is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and a Fellow of the Conference of Consulting Actuaries. He earned a BA in Mathematics from Southern Illinois University and a Master of Actuarial Science degree from Georgia State University.