Associate Actuary - Medicare Part D; Seattle Health

Milliman's Seattle Health Practice is looking for an Associate Actuary with extensive 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.

Milliman's Seattle Health Practice partners with a broad spectrum of organizations, including insurance companies, health plans, government agencies, healthcare providers, reinsurers, Accountable Care Organizations (ACOs), health technology firms, and employers.

Our team includes over 180 actuarial professionals, supported by expert consultants, IT specialists, and dedicated operations staff.

• Lead Medicare Part D and Medicare Advantage bid pricing and forecasting
• Present results to and participate in strategic discussions with clients
• Provide strategic guidance to local and regional health plans around evolving impacts of the Inflation Reduction Act and other regulatory and market forces
• 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 who 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.

• Bachelor's degree in mathematics, statistics, economics, or a related field
• ASA designation
• 5-10 years of healthcare actuarial experience in the following areas:
  • Three or more years of experience with Medicare Part D including bid development
  • Government or commercial programs
  • Medicare Advantage experience
• 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

• 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
• Entrepreneurial spirit

• Bid Certification
• R and/or Python
• PowerBI

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.

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.

The overall salary range for this role is $88,800 - $208,380. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

Salary ranges by state region:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia:
  • $102,120 – $184,460 if overall experience is less than 10 years
  • $115,460 – $208,380 if experience greater than 10
• All other states:
  • $88,800 – $160,400 if overall experience is less than 10 years
  • $100,400 – $181,200 if experience greater than 10

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 often exceed 30% of base salary.

• 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…