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Associate Actuary - Washington, United States - Milliman Ireland
Description
Milliman's Seattle Health Practice is looking for an Associate Actuary 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 analysts are also necessary for success. We provide extensive on-the-job training in consulting skills and advanced actuarial techniques.About Our Practice
Millimans 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 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
Employees 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:
Bachelors degree in mathematics, statistics, economics, or a related field
Four or more years of healthcare actuarial experience.
Meaningful experience in one or more of the following areas would be considered a plus:
Medicaid rate-setting
Reserving and year-end statutory financials (blue and orange blanks)
ACA pricing/rate filing
Medicare Advantage, especially bid development and understanding of revenue mechanisms (e.g., risk scores, star ratings)
Value-based provider contracting
Employer stop-loss and/or reinsurance pricing
Demonstrable skills in presenting technical concepts to a non-technical audience in an understandable way
Strong understanding of the US healthcare system
Proficiency with Excel
Some knowledge of SAS, SQL, or R
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
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.
Compensation
The salary range for this role is $84,000 - $176,000, 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 30% of base salary.To be considered for this position, please upload a resume and cover letter.
No recruiters, please.
At 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 partners
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
Family 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 period
A minimum of 8 paid holidays
Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs
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 worlds 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.
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.
The expected application deadline for this job is September 6, 2024.Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant.
However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractors legal duty to furnish information.
41 CFR c)#J-18808-Ljbffr
