Senior Actuarial Manager (CMH Health)

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

Millimans CMH Health Practice isseeking aSenior Actuarial Managerwith strong Medicaid and Commercial experience tojointheir vibrant dynamic and growing Actuarial Managers will have the opportunity to work in a wide variety of areas within the healthcare industry while working alongside some of the leading experts in the field.

Who We Are

Independent for 75 years Milliman delivers market-leading 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.

Job Responsibilities

• Perform data analysis using Excel SAS and proprietary Milliman programs to assist with consulting for various health insurance work areas (Medicaid Commercial / ACA Medicare Long Term Care Pharmacy Provider and more).
• Provide consulting services in Pricing Reserving Financial Projections and Mergers and Acquisitions.
• Responsible for performing various technical work while delegating most of the work to professional staff to help meet client needs
• Responsible for reviewing the work of others and assisting with research and product development.
• Responsible for teaching and training professional staff working on the projects for which the Senior Actuarial Manager is responsible.
• Responsible for several projects simultaneously providing insight into the technical direction of each project verifying the initial reasonableness of the solution and creating client communications for review by Consultants (includes data collection project updates and answering basic technical questions).
• Responsible for progressing with actuarial exams to attain the Associate of the Society of Actuaries (ASA) or Fellowship in the Society of Actuaries (FSA) designation.

Minimum Requirements

• Bachelors or masters degree in a quantitative field
• Successful completion of four or more (4) Society of Actuaries exams
• Minimum of 7 years of full time-time actuarial experience primarily working with Medicaid and Commercial programs
• Thorough understanding of Microsoft Excel and actuarial concepts

Competencies and Behaviors that Support Success in this Role

• Experience working with SASVBA or other coding languagesis advantageous
• Experience mentoring staff and managing projects
• Strong communication skills (both verbal and written)
• Ability to help identify client issues and resources needed to solve problems
• Analytical thinking skills to evaluate analyses for communication to clients
• Ability to help plan and organize work for projects
• Identify project deliverables meet deadlines and ensure compliance with quality procedures
• Strong time management skills
• Ability to work independently and within a team
• Client focused and results oriented
• Organizational expertise and flexibility
• Ambition and excitement for professional development within the actuarial field

The Team

Milliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issuesfrom assessing the impact of healthcare reform on organizations or populations to streamlining operations while advancing the quality of patient care. Our consulting work is supported by a powerful toolkit of data analytics solutions and informed by the most trusted comprehensive set of cost guidelines in the industry.

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.

Salary:

The overall salary range for this role is $81700 - $182400. A combination of factors will be considered including but not limited to education relevant work experience qualifications skills certifications etc.

For candidates residing in:

• Alaska California Connecticut Illinois Maryland Massachusetts New Jersey Pennsylvania Virginia Washington or the District of Columbia the salary range is $89870 - $167200
• New York City Newark San Jose or San Francisco the salary range is $98040 - $182400
• All other states the salary range is $81700 - $152000

Location:It is preferred that candidates work on-site at our Chicago IL Milwaukee WI or Hartford CT office. Remote candidates will be considered.

The expected application deadline for this job is September 29 2025.

Benefits

We offer a comprehensive benefits package designed to support employees health financial security and well-being. Benefits include:

• Medical Dental and Vision Coverage for employees dependents and domestic partners.
• Employee Assistance Program (EAP) Confidential support for personal and work-related challenges.
• 401(k) Plan Includes a company matching program and profit-sharing contributions.
• Discretionary Bonus Program Recognizing employee contributions.
• Flexible Spending Accounts (FSA) Pre-tax savings for dependent care transportation and eligible medical expenses.
• Paid Time Off (PTO) Begins accruing on the first day of work. Full-time employees accrue 15 days per year and employees working less than full-time 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.
• Short-Term and Long-Term Disability Fully paid by Milliman.

Equal Opportunity

All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation national origin disability or status as a protected veteran.

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Required Experience:

Manager