Consulting Actuary FSA - ACA
Consulting Actuary FSA - ACA
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Job Description
Millimans Seattle Health Practice is looking for an FSA with experience in health actuarial work. The position requires creative actuarial capabilities good communication and interpersonal skills and organizational talents. A high degree of selfmotivation and the ability to lead a team of dedicated consultants are also necessary for success. We provide extensive onthejob training in consulting skills and advanced actuarial techniques.
About Our Practice
Millimans Seattle Health Practice serves a wide variety of organizations including insurance companies health plans state and federal agencies healthcare providers reinsurance companies providers Accountable Care Organizations (ACOs) and employers. The staff consists of 180 actuarial professionals in addition to healthcare consultants IT Administrative and other nonactuarial staff.
By joining Milliman you will be working with some of the most experienced most capable people in the health industry. Through our mentor program you will have a dedicated colleague available to help guide your career growth. For the right candidate these opportunities will help you grow professionally while enjoying the work you do.
You will have the opportunity to:
- Lead commercial rate development and rate filings including ACA SG
- Lead or support other analyses including regulatory reporting pricing and reserving
- Perform analysis of healthcare data
- Write reports that explain technical concepts clearly to a nontechnical audience
- Manage projects through completion within an expected budget
- Supervise actuarial students and lessexperienced actuaries in the completion of technical aspects of actuarial projects
- Lead calls present actuarial concepts and results and engage in strategic discussions with clients
Employees will be expected to develop the ability to manage client relationships and successfully generate new business with both new and existing clients.
To be successful in this role you will have the following qualifications:
Professional Qualifications:
- Bachelors degree in mathematics statistics economics or a related field
- FSA designation
- Ten or more years of healthcare actuarial experience. Meaningful experience in ACA pricing / rate filing is required while experience in one or more of the following areas would be considered a plus:
- Medicaid ratesetting
- Reserving and yearend statutory financials (blue and orange blanks)
- Medicare Advantage especially bid development and understanding of revenue mechanisms (e.g. risk scores star ratings)
- Valuebased provider contracting
- A minimum of 3 years of experience managing or delegating work to more junior staff.
- Proficiency with Excel
- Some knowledge of SAS SQL or R
- Strong understanding of the US healthcare system
- Demonstrable skills in presenting technical concepts to a nontechnical audience in an understandable way
Personal Qualifications:
- Excellent communication both verbal and written
- Ability to work both independently and in team environments
- Proven ability to work in a fastpaced environment where client satisfaction is key
- Entrepreneurial spirit
Location
This position is based out of the Milliman office in Seattle WA but remote candidates anywhere in the US will be considered.
The expected application deadline for this job is July 31 2025.
Compensation
The salary range is $113000 $236000 depending on a combination of factors including but not limited to education relevant work experience qualifications skills certifications location etc. Employees are also eligible for a bonus under our standard bonus policy. Paid bonus is dependent on billable hours worked by and work managed by the employee. Actual bonuses vary widely based on desired and completed workload but routinely exceed 40 of base salary.
To be considered for this position please upload a resume and cover letter.
No recruiters please.
Benefits
We offer a comprehensive benefits package designed to support employees health financial security and wellbeing. Benefits include:
- Medical Dental and Vision Coverage for employees dependents and domestic partners.
- Employee Assistance Program (EAP) Confidential support for personal and workrelated challenges.
- 401(k) Plan Includes a company matching program and profitsharing contributions.
- Discretionary Bonus Program Recognizing employee contributions.
- Flexible Spending Accounts (FSA) Pretax savings for dependent care transportation and eligible medical expenses.
- Paid Time Off (PTO) Begins accruing on the first day of work.
- Fulltime employees accrue 15 days per year.
- Employees working less than fulltime accrue PTO on a prorated basis.
- Holidays A minimum of 10 observed holidays per year.
- Family Building Benefits Includes adoption and fertility assistance.
- Paid Parental Leave Up to 12 weeks of paid leave for employees who meet eligibility criteria.
- Life Insurance & AD&D 100 of premiums covered by Milliman.
- ShortTerm and LongTerm Disability Fully paid by Milliman.
Who We Are
Independent for 75 years Milliman delivers marketleading services and solutions to clients worldwide. Today we are helping companies take on some of the worlds most critical and complex issues including retirement funding and healthcare financing risk management and regulatory compliance data analytics and business transformation.
Through a team of professionals ranging from actuaries to clinicians technology specialists to plan administrators we offer unparalleled expertise in employee benefits investment consulting healthcare life insurance and financial services and property and casualty insurance.
Equal Opportunity
All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity national origin disability or status as a protected veteran.
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Employment Type
Full-Time
