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Actuary - Medicare Part D
Actuary - Medicare Part D-February 2024
Seattle
Feb 2, 2025
About Actuary - Medicare Part D

  DescriptionDescriptionMilliman's Seattle Health Practice is looking for an Actuary with experience in Medicare Part D. 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:Work on Medicare Part D, Medicare Advantage, forecasting and bids.Provide strategic guidance to local and regional health plans around evolving impacts of the Inflation Reduction Act and other regulatory and market forcesPerform 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 QualificationsBachelor's degree in mathematics, statistics, economics, or a related fieldFSA designation7+ years of healthcare actuarial experience in the following areas:Three or more years of experience with Medicare Part D including bid developmentGovernment or commercial programsMedicare Advantage experienceDemonstrable 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 and/or SQLPersonal QualificationsExcellent 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 spiritPreferred QualificationsBid CertificationR and/or PythonPowerBILocationThis 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 for this role is $98,000 to $203,000, 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 en

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