Associate Actuary - Seattle Health
About The Position
Milliman's Seattle Health Practice is seeking an Associate Actuary with experience in health actuarial work. The role requires creative actuarial capabilities, strong communication and interpersonal skills, and organizational talents. A high degree of self-motivation and the ability to lead a team of analysts are essential. Milliman provides extensive on-the-job training in consulting skills and advanced actuarial techniques. Milliman’s Seattle Health Practice collaborates with a wide range of organizations including insurance companies, health plans, government agencies, healthcare providers, reinsurers, Accountable Care Organizations (ACOs), health technology firms, and employers. The team consists of over 180 actuarial professionals, supported by expert consultants, IT specialists, and dedicated operations staff. This is an exceptional opportunity for motivated candidates to advance professionally while making a meaningful impact in healthcare, with a mentor program to guide career growth.
Requirements
- Bachelor’s degree in mathematics, statistics, economics, or a related field
- ASA designation
- Four or more 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
- Legally authorized to work in the United States without the need for immigration support or sponsorship
Nice To Haves
- Medicaid rate-setting
- Reserving and year-end 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)
- 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 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 11 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
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
