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Milliman · 1 day ago

Actuarial Analyst (CMH Health)

Brookfield, WI

Full-time

Hybrid

Entry, Mid Level

$69K/yr - $122K/yr

1+ years exp

Milliman is an independent firm with over 75 years of experience, providing services and solutions to clients worldwide. They are seeking Actuarial Analysts to work within the healthcare industry, focusing on data analysis, consulting activities, and collaboration with project teams to deliver client reports and solutions.

AnalyticsConsultingInsurTech

No H1B

Responsibilities

Perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting for various healthcare segments (Medicare Advantage and Part D, Commercial / ACA, Medicaid, Long Term Care, Pharmacy, Provider, and more)

Participate in consulting activities to include pricing, reserving, financial projections, model development, forecasting, and mergers and acquisitions

Responsible for reviewing the work of peers and assisting with research and product development

Coordinate with Consultants, Managers, Professional Staff, and Interns as a project team to present client reports and deliverables

Responsible for the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions

Qualification

Actuarial scienceData analysisMicrosoft ExcelSASVBAActuarial examsAnalytical thinkingClient-focusedCommunication skillsTime managementTeamwork

Required

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

Bachelor's or master's degree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative course work

At least two actuarial exams passed

1-4 years of actuarial work experience (current or previous experience with Medicare Advantage is a plus)

Thorough understanding of Microsoft Excel and actuarial concepts

Ambition and excitement for professional development within the actuarial field

Strong communication skills (both verbal and written)

Analytical thinking skills to evaluate analyses for downstream impact

Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures

Strong time management skills

Ability to work independently and in a team environment

Client-focused and results-oriented

Demonstrates integrity in all functions of work

Preferred

Experience working with SAS, VBA, or other coding languages is advantageous

Experience with Medicare Advantage and Part D programs, Medicaid programs, commercial individual/group insurance, employer health benefits, pharmacy, or provider risk-taking programs strongly preferred

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.

Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.

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.