Actuary – Medicare Part D (Seattle Health)

Milliman•Seattle, WA

23h•$103,500 - $242,650•Hybrid

About The Position

Milliman's Seattle Health Practice is looking for an Actuary with extensive experience in Medicare Part D. The position requires creative actuarial capabilities, good communication and interpersonal skills, and organizational talents. A high degree of self-motivation and the ability to lead a team of analysts are also necessary for success. We provide extensive on-the-job training in consulting skills and advanced actuarial techniques. Milliman’s Seattle Health Practice partners with a broad spectrum of organizations, including insurance companies, health plans, government agencies, healthcare providers, reinsurers, Accountable Care Organizations (ACOs), health technology firms, and employers. Our team includes over 180 actuarial professionals, supported by expert consultants, IT specialists, and dedicated operations staff. Join Milliman and collaborate with some of the most accomplished professionals in the health industry. Our mentor program ensures you have a dedicated colleague to guide your career growth, providing the support and resources you need to thrive. For motivated candidates, this is an exceptional opportunity to advance professionally while making a meaningful impact in healthcare.

Requirements

Bachelor’s degree in mathematics, statistics, economics, or a related field
FSA designation
5-10 years of healthcare actuarial experience
Three or more years of experience with Medicare Part D, including bid development
Experience with Medicare Advantage
Proven ability to communicate technical concepts clearly to non-technical audiences
Strong understanding of the US healthcare system
Advanced proficiency with Excel
Working knowledge of SAS, SQL, or R
Excellent verbal and written communication skills
Ability to work effectively both independently and collaboratively in a team environment
Proven ability to succeed in a fast-paced environment with a strong focus on client satisfaction
Entrepreneurial mindset with a proactive, solutions-oriented approach
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.

Nice To Haves

Experience with commercial programs
Bid Certification
Experience with R and/or Python
Experience with PowerBI

Responsibilities

Lead Medicare Part D, Medicare Advantage, forecasting and bids
Present results to and participate in strategic discussions with clients
Provide strategic guidance to local and regional health plans around evolving impacts of the Inflation Reduction Act and other regulatory and market forces
Perform analysis of healthcare data
Write reports that explain technical concepts clearly to a non-technical audience
Manage projects through completion within an expected budget
Supervise actuarial students in the completion of technical aspects of actuarial projects
Develop the ability to manage client relationships
Generate new business with both new and existing clients

Benefits

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.