Actuary (FSA) - Seattle Health

Milliman • Seattle, WA

4d • Hybrid

About The Position

Milliman's 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 self-motivation and the ability to lead a team of dedicated consultants are also necessary for success. We provide extensive on-the-job training in consulting skills and advanced actuarial techniques. Milliman delivers market-leading services and solutions to clients worldwide, helping companies address critical issues in retirement funding, healthcare financing, risk management, regulatory compliance, data analytics, and business transformation. Milliman invests in skills training and career development, offering learning and mentoring opportunities. Employee Resource Groups (ERGs) influence policy, develop leaders, and amplify employee voices. Employees are encouraged to contribute to their professions and lead in professional organizations. 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. A mentor program ensures guidance for career growth, providing support and resources to thrive. This is an exceptional opportunity for motivated candidates to advance professionally while making a meaningful impact in healthcare.

Requirements

• Bachelor’s degree in mathematics, statistics, economics, or a related field
• FSA designation
• Seven to ten years of healthcare actuarial experience
• 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 non-technical audience in an understandable way
• Excellent communication, both verbal and written
• Ability to work both independently and in team environments
• Proven ability to work in a fast-paced environment where client satisfaction is key
• Entrepreneurial spirit
• 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.

Nice To Haves

• Meaningful experience in Medicaid rate-setting
• Meaningful experience in Reserving and year-end statutory financials (“blue” and “orange” blanks)
• Meaningful experience in ACA pricing/rate filing
• Meaningful experience in Medicare Advantage, especially bid development and understanding of revenue mechanisms (e.g., risk scores, star ratings)
• Meaningful experience in Value-based provider contracting

Responsibilities

• 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 and less-experienced actuaries 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 paid 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior