Senior Actuarial Consultant

Milliman•San Diego, CA

2h•$134,232 - $254,776•Remote

About The Position

Milliman is seeking a Senior Actuarial Consultant with 10+ years of experience in commercial and Affordable Care Act (ACA) health insurance to lead business development strategy and growth initiatives for its San Diego Health practice. The role is primarily accountable for expanding markets and strategic relationships, attracting new clients, growing existing accounts, and translating market insights into revenue growth and client value. It applies actuarial expertise to shape client solutions and collaborates with consulting teams to deliver successful engagements. The position leads business development plans and opportunity pursuits, market and competitive analysis, strategic initiatives, client and partner relationships, account growth strategies, and monitoring of growth results. It also applies actuarial expertise in pricing, healthcare cost projections, and forecasting, and provides senior-level guidance on selected consulting engagements. The consultant manages and develops staff, supports staff development with other practice leaders, and conducts performance appraisals and compensation reviews. The role is based out of Milliman’s San Diego, California office, but employees hired into the role may work remotely anywhere in the United States. The expected application deadline is November 13, 2026. Applicants must be legally authorized to work in the United States without current or future immigration support or sponsorship from Milliman.

Requirements

Bachelor’s degree, preferably in mathematics, statistics, actuarial science, economics, or another analytic field.
Achievement of Fellow of the Society of Actuaries.
10+ years of relevant experience in commercial and ACA health insurance, including significant responsibility for business development, market expansion, or client growth.
Demonstrated success developing and executing business development strategies, winning new consulting engagements, and growing existing client accounts.
Experience leading market and competitive assessments and translating findings into initiatives that strengthen profitability or customer value.
Strong executive-level relationship-building, communication, and presentation skills, including the ability to influence senior clients and internal stakeholders.
Passion for helping clients solve pressing problems using quantitative thinking and analytical tools.
Legal authorization to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

Nice To Haves

Prior experience with benefits and/or pricing for commercial plans offered through state or federally facilitated exchanges.
Experience developing strategic partnerships, go-to-market plans, or new consulting service offerings in the health insurance market.
Ability to translate actuarial and analytical capabilities into differentiated client value propositions and commercially viable consulting solutions.
Strong organizational skills and ability to manage multiple projects and deadlines.
Strong creative problem-solving skills with an innovative and entrepreneurial mindset.
Strong knowledge of Excel and database/statistical analysis languages such as SQL or SAS.
Experience leading project teams and mentoring more junior actuarial staff members.
Willingness to work with clients and teams located in the Pacific Time Zone.

Responsibilities

Develop and own business development plans for commercial and ACA health insurance markets, including target accounts, priority offerings, strategic partnerships, and growth objectives.
Lead identification, evaluation, and pursuit of new business opportunities, from prospect outreach and pursuit strategy through proposals, client presentations, and securing new engagements.
Lead market and competitive analysis of industry trends, regulatory developments, competitors, and client needs to inform growth strategy and identify market expansion opportunities.
Develop and advance strategic initiatives and differentiated consulting solutions to increase practice revenue, profitability, and client value.
Build and expand relationships with senior decision-makers at current and prospective clients and with potential strategic partners.
Create account growth strategies, identify cross-practice opportunities, and coordinate with Milliman colleagues to expand existing relationships and enter new markets.
Set and monitor business development priorities, opportunity pipeline, and growth results; assess progress and recommend strategic adjustments to practice leadership.
Apply actuarial expertise in pricing, healthcare cost projections, and forecasting to shape client solutions and provide senior-level guidance and oversight on selected consulting engagements.
Manage and develop consulting staff by assigning and reviewing work, providing guidance, and, as needed, performing a portion of the work of staff they manage.
Work with other practice leaders on staff management and development, and conduct performance appraisals and compensation reviews.

Benefits

Medical, dental, and vision coverage for employees, dependents, and domestic partners.
Employee Assistance Program (EAP) offering confidential support for personal and work-related challenges.
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, with prorated accrual for employees working less than full-time.
A minimum of 10 paid holidays per year.
Family building benefits, including 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.