Life Sciences Consulting Actuary

Milliman•Tampa, FL

2h•$147,400 - $279,680

About The Position

Milliman’s Tampa Health Practice is seeking a highly technical and strategic actuarial professional with Associate of the Society of Actuaries (ASA) credentials or higher to advise clients at the intersection of the U.S. health insurance and pharmaceutical industries. The role serves pharmaceutical and device manufacturers, health plans, and pharmacy benefit managers (PBMs) on market access, drug pricing, contracting, formulary modeling, claims-based analyses, and other actuarial topics. The position leads pharmacy economic modeling to evaluate drug pricing and contracting strategies, and designs and implements research using Milliman’s large claims databases to address client questions. Analyses may include utilization, patient cost sharing, total cost of care, and patient journeys. The actuary manages client communications and project work, delegates tasks to analysts, supports proposals and business development, and serves as a primary subject matter expert who translates pharmacy data into business strategies and regulatory filings. The role also requires staying informed about emerging trends and regulatory changes that affect clients. The team serves health insurers, PBMs, pharmaceutical and device manufacturers, healthcare providers, and employers. The position is based at Milliman’s Tampa, Florida office; a remote work arrangement may be considered. Applicants must be legally authorized to work in the United States without current or future immigration support or sponsorship from Milliman. The expected application deadline is December 31, 2026.

Requirements

Associate of the Society of Actuaries (ASA) or higher.
Member of the American Academy of Actuaries (MAAA) in good standing.
At least 7 years of health actuarial experience.
At least 4 years of experience focused specifically on pharmacy benefits, drug pricing, or PBM economics.
Experience working with medical and pharmacy claims data.
Experience building and using actuarial models.
Legally authorized to work in the United States without the need for current or future immigration support or sponsorship from Milliman.

Nice To Haves

Technical knowledge of Excel and SQL is preferred.
Exposure to AI support tools such as Visual Studio Code or Microsoft Copilot.

Responsibilities

Lead pharmacy economic modeling to evaluate drug pricing and contracting strategies.
Design and implement research studies using Milliman’s claims databases to explore client business questions, including utilization, patient cost sharing, total cost of care, and patient journeys.
Manage client communications, delegate tasks to analysts, and coordinate project work to meet client deadlines.
Contribute to proposal development and new business development.
Serve as the primary subject matter expert for clients, translating complex pharmacy data into actionable business strategies and regulatory filings.
Stay informed about emerging trends and regulatory changes affecting clients.

Benefits

Medical, dental, and vision coverage for employees, dependents, and domestic partners.
Employee Assistance Program (EAP).
401(k) plan with company matching and profit-sharing contributions.
Discretionary bonus program.
Flexible Spending Accounts (FSA) for dependent care, transportation, and eligible medical expenses.
Paid time off accruing from the first day of work; full-time employees accrue 15 days per year, while employees working less than full-time accrue PTO on a prorated basis.
A minimum of 10 paid holidays per year.
Adoption and fertility assistance.
11 weeks of paid parental leave for employees who meet eligibility criteria.
Life insurance and AD&D, with premiums fully covered by Milliman.
Short-term and long-term disability coverage, fully paid by Milliman.