Associate Actuary - Seattle Health

Millimans Seattle Health Practice is looking for an Associate Actuary 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 analysts 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.

In this role you will have the opportunity to:

• 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 in the completion of technical aspects of actuarial projects

Employees will be expected to develop the ability to manage client relationships. While not required employees that learn to successfully generate new business with both new and existing clients are likely to experience the greatest career growth.

To be successful in this role you will have the following qualifications:

Professional Qualifications:

• Bachelors degree in mathematics statistics economics or a related field
• ASA designation
• Four or more years of healthcare actuarial experience. Meaningful 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)
  • ACA pricing/rate filing
  • Medicare Advantage especially bid development and understanding of revenue mechanisms (e.g. risk scores star ratings)
  • Valuebased provider contracting
  • Employer stoploss and/or reinsurance pricing

• Demonstrable skills in presenting technical concepts to a nontechnical audience in an understandable way
• Strong understanding of the US healthcare system
• Proficiency with Excel
• Some knowledge of SAS SQL or R

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. It is preferred that this employee work inoffice but remote candidates anywhere in the US will be considered.

Compensation

The salary range for this role is $86000 $179000 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 30 of base salary.

To be considered for this position please upload a resume and cover letter.

No recruiters please.

Benefits

At Milliman we focus on creating an environment that recognizes and meets the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:

• Medical dental and vision coverage for employees and their dependents including domestic partners
• A 401(k) plan with matching program and profit sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; fulltime employees will accrue 15 days of PTO per year and employees working less than a fulltime schedule will accrue PTO at a prorated amount based on hours worked
• Family building benefits including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1250 hours in the preceding 12month period
• A minimum of 10 paid holidays
• Milliman covers 100 of the premiums for life insurance AD&D and both shortterm and longterm disability coverage
• Flexible spending accounts allow employees to set aside pretax dollars to pay for dependent care transportation and applicable medical needs

Who We Are

Independent for over 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.

Milliman invests in skills training and career development and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERGs) are employeeled communities that influence policy decisions develop future leaders and amplify the voices of their constituents. We encourage our employees to give back to their varied professions including leadership in professional organizations. Please visit our web site to learn more about Millimans commitments to our people diversity and inclusion social impact and sustainability.

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.

This job posting is expected to close on May 9 2025.

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