Senior Actuarial Manager; ASA; CMH Health

Job Category: Actuarial

Requisition Number: SENIO
010769

• Posted :
  October 14, 2026
• Full-Time
• Hybrid

Showing 1 location

09-Chicago
Chicago, IL 60606, USA

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.

Milliman’s CMH Health Practice isseeking a
Senior Actuarial Manager tojointheir vibrant, dynamic, and growing practice.

Senior Actuarial Managers will have the opportunity to work in a wide variety of areas within the healthcare industry while working alongside some of the leading experts in the field.

Who We Are

Independent for more than 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.

Job Responsibilities

• Perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting for various health insurance work areas (Medicaid, Commercial / ACA, Medicare, Long Term Care, Pharmacy, Provider, and more).
• Provide consulting services in Pricing, Reserving, Financial Projections, and Mergers and Acquisitions.
• Responsible for performing various technical work while delegating most of the work to professional staff to help meet client needs
• Responsible for reviewing the work of others and assisting with research and product development.
• Responsible for teaching and training professional staff working on the projects for which the Senior Actuarial Manager is responsible.
• Responsible for several projects simultaneously providing insight into the technical direction of each project, verifying the initial reasonableness of the solution and creating client communications for review by Consultants (includes data collection, project updates and answering basic technical questions).
• Responsible for progressing with actuarial exams to attain Fellowship in the Society of Actuaries (FSA) designation.
• Bachelor’s or master’s degree in a quantitative field
• ASA designation with the Society of Actuaries (SOA)
• Minimum of 10 years of full time-time actuarial experience
• Thorough understanding of Microsoft Excel and actuarial concepts

Competencies and Behaviors that Support Success in this Role

• Experience working with SAS,VBA, or other coding language sis advantageous
• Experience mentoring staff and managing projects
• Strong communication skills (both verbal and written)
• Ability to help identify client issues and resources needed to solve problems
• Analytical thinking skills to evaluate analyses for communication to clients
• Ability to help plan and organize work for projects
• Identify project deliverables, meet deadlines, and ensure compliance with quality procedures
• Ability to work independently and within a team
• Client focused and results oriented
• Organizational expertise and flexibility
• Ambition and excitement for professional development within the actuarial field

The Team

Milliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issues—from assessing the impact of healthcare reform on organizations or populations to streamlining operations while advancing the quality of patient care. Our consulting work is supported by a powerful toolkit of data analytics solutions and informed by the most trusted, comprehensive set of cost guidelines in the industry.

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…