Actuary (FSA)

DescriptionMilliman's Seattle Health Practice is looking for an FSA with experience in health actuarial work. The position requires creative actuarial capabilities, good communication and interpersonal skills, and organizational talents. A high degree of self-motivation and the ability to lead a team of dedicated consultants are also necessary for success. We provide extensive on-the-job training in consulting skills and advanced actuarial techniques.About Our PracticeMilliman's Seattle Health Practice serves a wide variety of organizations, including insurance companies, health plans, state and federal agencies, healthcare providers, reinsurance companies, and employers. The staff consists of 150+ actuarial professionals in addition to healthcare consultants, IT, Administrative, and other non-actuarial staff.By joining Milliman, you will be working with some of the most experienced, most capable people in the health industry. Through our mentor program, you will have a dedicated colleague available to help guide your career growth. For the right candidate, these opportunities will help you grow professionally while enjoying the work you do.You will have the opportunity to:Perform analysis of healthcare dataWrite reports that explain technical concepts clearly to a non-technical audienceManage projects through completion within an expected budgetSupervise actuarial students and less-experienced actuaries in the completion of technical aspects of actuarial projectsEmployees will be expected to develop the ability to manage client relationships and successfully generate new business with both new and existing clients.To be successful in this role, you will have the following qualifications:Professional Qualifications:Bachelor's degree in mathematics, statistics, economics, or a related fieldFSA designationSeven to ten years of healthcare actuarial experience. Meaningful experience in one or more of the following areas would be considered a "plus":Medicaid rate-settingReserving and year-end statutory financials ("blue" and "orange" blanks)ACA pricing/rate filingMedicare Advantage, especially bid development and understanding of revenue mechanisms (e.g., risk scores, star ratings)Value-based provider contractingProficiency with ExcelSome knowledge of SAS, SQL, or RStrong understanding of the US healthcare systemDemonstrable skills in presenting technical concepts to a non-technical audience in an understandable wayPersonal Qualifications:Excellent communication, both verbal and writtenAbility to work both independently and in team environmentsProven ability to work in a fast-paced environment where client satisfaction is keyEntrepreneurial spiritLocationThis position is based out of the Milliman office in Seattle, WA. It is preferred that this employee work in-office, but remote candidates anywhere in the US will be considered.CompensationThe salary range is $98,000 to $204,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. Employees are also eligible for a bonus under our standard bonus policy. Paid bonus is dependent on billable hours worked by and work managed by the employee. Actual bonuses vary widely based on desired and completed workload, but routinely exceed 40% of base salary.To be considered for this position, please upload a resume and cover letter.No recruiters, please.BenefitsAt Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:Medical, dental and vision coverage for employees and their dependents, including domestic partnersA 401(k) plan with matching program, and profit sharing contributionEmployee Assistance Program (EAP)A discretionary bonus programPaid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours workedFamily building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month periodA minimum of 8 paid holidaysMilliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverageFlexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needsWho We AreIndependent for 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.Equal OpportunityAll qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.The expected application deadline for this job is

November 15, 2024.

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