Senior Actuarial Analyst (ASA) - CMH Health

Milliman•Brookfield, WI
•$88,800 - $184,460•Hybrid

About The Position

Milliman’s CMH Health Practice is looking for a Senior Actuarial Analyst to join their vibrant, dynamic, and growing practice. Senior Actuarial Analysts will have the opportunity to work in a wide variety of areas within the healthcare industry, while working alongside some of the leading experts in the field. Milliman delivers market-leading services and solutions to clients worldwide, helping companies take on critical and complex issues, including retirement funding, healthcare financing, risk management, regulatory compliance, data analytics, and business transformation.

Requirements

  • Bachelor’s or master’s degree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative course work
  • ASA designation with the Society of Actuaries (SOA)
  • Minimum of 2 years of full-time actuarial experience
  • Thorough understanding of Microsoft Excel and actuarial concepts

Nice To Haves

  • Experience working with SAS, VBA, or other coding languages is advantageous
  • 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

  • Perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting for various healthcare segments (Medicare Advantage and Part D, Commercial / ACA, Dental, Medicaid, Long Term Care, Pharmacy, Provider, and more)
  • Participate in consulting activities to include pricing, reserving, financial projections, model development, forecasting, and mergers and acquisitions
  • Responsible for reviewing the work of peers and assisting with research and product development
  • Coordinate with Consultants, Managers, Professional Staff, and Interns as a project team to present client reports and deliverables
  • Responsible for the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions

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.
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