Consulting Actuary (FSA) - Medicaid (CMH Health)

Milliman•Chicago, IL

7d•Hybrid

About The Position

Milliman’s CMH Health Practice is seeking a consultant with strong Medicaid managed care experience to lead large, cross-functional projects with clients in the health industry. We are looking for someone who can build relationships with clients and senior management and is eager to apply their skills and experience to our rapidly growing entrepreneurial business. Milliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issues—from 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.

Requirements

Bachelor’s or master’s degree in a quantitative field
FSA designation with the Society of Actuaries (SOA)
7+ years of health actuarial experience or similar at a consulting firm or health insurance company is required
3+ years of Medicaid managed care experience is required (this experience must be in past three years)
Advanced proficiency in Microsoft Excel and actuarial concepts
Experience managing projects
Strong communication skills (both verbal and written), and analytical thinking skills to evaluate analyses for communication to clients
Self-motivated, creative, and resourceful

Nice To Haves

Experience with managed Medicaid programs with a preference in developing managed Medicaid capitation rates for state agencies
Experience mentoring staff
Strong communication skills (both verbal and written)
Analytical thinking skills to evaluate analyses for downstream impact
Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures
Strong time management skills
Ability to work independently and in a team environment
Client focused and results-oriented
Ambition and excitement for professional development within the actuarial field
Demonstrates integrity in all functions of work

Responsibilities

Responsible for building relationships with clients, directing projects, and presenting results to the client and answering their questions.
Develop a successful client base through networking, writing articles, speaking engagements, and other marketing methods.
Help identify the issues clients are facing and the resources needed to solve problems.
Plan projects, identify project deliverables, meet deadlines, and ensure compliance with quality procedures.

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 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.