Associate Actuary – Medicare Part D (Seattle Health)

About the role

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 analysts are also necessary for success.

Responsibilities

• Present results to and participate in strategic discussions with clients
• Provide strategic guidance to local and regional health plans around evolving impacts of the Inflation Reduction Act and other regulatory and market forces
• Perform analysis of healthcare data
• Write reports that explain technical concepts clearly to a non-technical audience
• Manage projects through completion within an expected budget
• Supervise actuarial students in the completion of technical aspects of actuarial projects

Requirements

• Professional Qualifications: Bachelor’s degree in mathematics, statistics, economics, or a related field, ASA designation, 5-10 years of healthcare actuarial experience, including three or more years of experience with Medicare Part D, including bid development, experience with Medicare Advantage, experience with commercial programs preferred, but not required, proven ability to communicate technical concepts clearly to non-technical audiences, strong understanding of the US healthcare system, advanced proficiency with Excel, working knowledge of SAS, SQL, or R
• Personal Qualifications: Excellent verbal and written communication skills, ability to work effectively both independently and collaboratively in a team environment, proven ability to succeed in a fast-paced environment with a strong focus on client satisfaction, entrepreneurial mindset with a proactive, solutions-oriented approach

Qualifications

• Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

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
• 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 12 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

Location

This 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.

Pay

The overall salary range for this role is $88,800 - $208,380. For candidates residing in: Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia: $102,120 - $184,460 if overall experience is less than 10 years; and $115,460 - $208,380 for experience greater than 10. All other states: $88,800 - $160,400 if overall experience is less than 10 years; and $100,400 - $181,200 for experience greater than 10 years. 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 often exceed 30% of base salary.

Schedule

No recruiters, please.