Associate Actuary – Medicare Part D (Seattle Health)

Milliman•Seattle, WA

23h•$88,800 - $208,380•Hybrid

About The Position

Milliman's Seattle Health Practice is seeking an Associate Actuary with extensive experience in Medicare Part D. This role requires strong actuarial skills, excellent communication and interpersonal abilities, and organizational talent. A high degree of self-motivation and the capacity to lead a team of analysts are essential. Milliman offers comprehensive on-the-job training in consulting skills and advanced actuarial techniques. The Seattle Health Practice collaborates with a diverse range of organizations, including insurance companies, health plans, government agencies, healthcare providers, Accountable Care Organizations (ACOs), health technology firms, and employers. The team comprises over 180 actuarial professionals, supported by consultants, IT specialists, and operations staff. Milliman provides a mentor program for career guidance and growth opportunities. This is an exceptional opportunity for motivated candidates to advance professionally and make a significant impact in healthcare.

Requirements

Bachelor’s degree in mathematics, statistics, economics, or a related field
ASA 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
Legally authorized to work in the United States without the need for immigration support or sponsorship

Nice To Haves

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

Responsibilities

Lead Medicare Part D and Medicare Advantage bid pricing and forecasting
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.