What are the responsibilities and job description for the Senior Actuary position at Milliman?
Milliman's Seattle Health Practice supports clients in the healthcare industry including health plans, government payers, providers, and reinsurers. We are looking for a part-time Senior Actuary with experience in medical reinsurance and stop-loss. The position requires creative actuarial capabilities, good communication and interpersonal skills, deep technical expertise, and organizational talents. A high degree of self-motivation and the ability to lead a team of dedicated consultants are also necessary for success.
About Our Practice
Milliman’s Seattle Health Practice serves a wide variety of organizations, including insurance companies, health plans, state and federal agencies, healthcare providers, reinsurance companies, providers, Accountable Care Organizations (ACOs), 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.
In this role, you will have the opportunity to:
- Interface with senior members of client organizations
- Assist clients with strategic decision-making and solve client business problems in the medical reinsurance and stop-loss business
- Manage projects to ensure accuracy, timely completion, and project cost within an expected budget
- Supervise actuarial analysts and less-experienced actuaries in the completion of technical aspects of actuarial projects
To be successful in this role, you will have the following qualifications:
Professional Qualifications
- Bachelor’s degree in actuarial science, mathematics, or related field
- FSA designation
- 20 years of experience in health insurance, including 10 in medical reinsurance and/or stop-loss
- Demonstrated experience successfully leading teams of actuaries and actuarial analysts
- Strong knowledge of healthcare economics and analytics
- Experience with risk adjustment, value-based purchasing, and network development
- Strong project management and communication skills
Personal Qualifications
- Excellent communication, both verbal and written
- Ability to work both independently and in team environments
- Proven ability to work in a fast-paced environment where client satisfaction is key
- Ability to develop assess client needs and develop client relationships
- Entrepreneurial spirit
Location
This position is based out of the Milliman office in Seattle, WA. It is preferred that this employee work in-office, but they can work remotely anywhere in the US.
Compensation
The hourly range for this role is $85 to $115, 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 based on billable hours worked.
No recruiters, please.
Benefits
- Employees scheduled to work greater than 1,000 hours per year are eligible for a 401(k) plan with matching program, and profit sharing contribution.
- Employee Assistance Program (EAP)
- A discretionary bonus program
- Paid 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 worked.
- A minimum of 8 paid holidays
Who We Are
Independent 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 Opportunity
All 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.
Salary : $85 - $115