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Associate Actuary - Medicare Advantage
Associate Actuary - Medicare Advantage-February 2024
Seattle
Feb 10, 2026
About Associate Actuary - Medicare Advantage

  DescriptionDescriptionMilliman's Seattle Health Practice is looking for an Associate Actuary with experience in Medicare Advantage. 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. 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, 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.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 in the completion of technical aspects of actuarial projectsEmployees will be expected to develop the ability to manage client relationships. While not required, employees that learn to successfully generate new business with both new and existing clients are likely to experience the greatest career growth.To be successful in this role, you will have the following qualifications:Professional Qualifications:Bachelor's degree in mathematics, statistics, economics, or a related fieldASA designation4-10 years of healthcare actuarial experience.Two or more years of experience with Medicare Advantage, especially bid development and understanding of revenue mechanisms (e.g., risk scores, star ratings)Demonstrable skills in presenting technical concepts to a non-technical audience in an understandable wayStrong understanding of the US healthcare systemProficiency with ExcelSome knowledge of SAS, SQL, or RPersonal 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 $84,000 to $176,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. Actual bonuses vary widely based on desired and completed workload, but routinely exceed 30% 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

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