Healthcare Business Manager (Employee Benefits) - CMH Health
Healthcare Business Manager (Employee Benefits) - CMH Health
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$ 125880 - 207720
1 Vacancy
Job Description
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.
Description
Millimans CMH Health Practice isseeking a Healthcare Business Managerwith strong employee benefits experience tojointheir vibrant dynamic and growing Business 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
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.
The Team
Within a project team consultants managers and analysts coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients directing projects and presenting results. Project managers work directly with analysts by reviewing work answering questions and developing client correspondence. Analysts are responsible for the majority of the technical work which may include analyzing data completing actuarial calculations developing and utilizing actuarial models and implementing software solutions.
Job Responsibilities
- Perform financial analyses including developing pricing and employee contribution strategies modelling plan design alternatives and calculating reserves
- Lead vendor procurement strategy negotiation implementation and optimization activities
- Analyze benefit plan design cost savings and funding strategies
- Perform data analysis using Excel SAS and proprietary Milliman programs to assist with consulting for various health insurance work areas (Medicare Commercial / ACA Medicaid 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 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).
Minimum Requirements
- Bachelors or Masters degree in a quantitative field
- Minimum of 4 years of relevant full-time experience primarily working with Employee Benefits programs for Manager level
- Minimum of 6 years of relevant full-time experience primarily working with Employee Benefits programs for Senior Manager level
- Able to acquire state life and health license within 90 days of start date
- Thorough understanding of Microsoft Excel and actuarial concepts
Competencies and Behaviors that Support Success in this Role
- Pursuit of CEBS/ASA designation or health and welfare actuarial/underwriting training
- Experience working with SASVBA or other coding languagesis advantageous
- Experience with commercial group insurance employer health benefits or pharmacy programs from a benefit consulting/brokerage firm or health underwriting/actuarial function of an insurance company is strongly preferred
- 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
Salary: The salary range is $85100 - $207720 depending on relevant factors including but not limited to education work experience certifications location etc.
For candidates residing in:
Alaska California Connecticut Illinois Maryland Massachusetts New Jersey Pennsylvania Virginia Washington or the District of Columbia:
- $93610 - $154550 if overall experience is less than 6 years; and
- $115390 - $190410 for experience greater than 6 years.
New York City Newark San Jose or San Francisco:
- $102120 - $168600 if overall experience is less than 6 years; and
- $125880 - $207720 for experience greater than 6 years.
All other states:
- $85100 - $140500 if overall experience is less than 6 years; and
- $104900 - $173100 for experience greater than 6 years.
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 January 25 2026.
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.
#LI-CS1 #LI-REMOTE
Required Experience:
Manager
Employment Type
Full-Time
