Associate Actuary - Seattle Health

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.

Independent for over 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.

Milliman invests in skills training and career development, and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee‑led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations.

Please visit our web site () to learn more about Milliman’s commitments to our people, inclusion, and sustainability.

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.

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.

Join Milliman and collaborate with some of the most accomplished professionals in the health industry. Our mentor program ensures you have a dedicated colleague to guide your career growth, providing the support and resources you need to thrive. For motivated candidates, this is an exceptional opportunity to advance professionally while making a meaningful impact in healthcare.

• 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.

• Bachelor’s 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)
• 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 U.S. 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

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…