Life Sciences Consulting Actuary
About The Position
Milliman's Tampa Health Practice is seeking a highly technical and strategic actuarial professional 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 PBMs on market access, drug pricing, contracting, formulary modeling, claims-based analyses, and other actuarial topics. The position is based in Milliman's Tampa, Florida office, though a remote work arrangement may be considered. The actuary leads pharmacy economic modeling and claims research, manages client communications and project delivery, contributes to proposals and business development, and serves as a primary subject matter expert. They translate pharmacy data into business strategies and regulatory filings and stay current on relevant industry and regulatory developments.
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 on pharmacy benefits, drug pricing, or PBM economics.
- Experience working with medical and pharmacy data.
- Experience building and using actuarial models.
- Legally authorized to work in the United States without immigration support or sponsorship from Milliman now or in the future.
Nice To Haves
- Technical knowledge of Excel and SQL.
- Exposure to AI support tools such as Visual Studio Code or Microsoft Copilot.
Responsibilities
- Lead modeling to evaluate drug pricing and contracting strategies.
- Design and implement research studies using Milliman's large claims databases to address 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 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 educated on emerging trends and regulatory changes that affect 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 (PTO), accruing from the first day of work; full-time employees accrue 15 days per year, with prorated accrual for employees working less than full-time.
- At least 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 premiums fully covered by Milliman.
- Short-term and long-term disability coverage fully paid by Milliman.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
