Actuary; FSA - Seattle Health

Milliman’s Seattle Health Practice is looking for an FSA 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 dedicated consultants are also necessary for success.

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, 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.

• 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 and less‑experienced actuaries in the completion of technical aspects of actuarial projects

• Bachelor’s degree in mathematics, statistics, economics, or a related field
• FSA designation
• Seven to ten 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)
  • ACA pricing/rate filing
  • Medicare Advantage, especially bid development and understanding of revenue mechanisms (e.g., risk scores, star ratings)
  • Value‑based provider contracting
  • Proficiency with Excel
  • Some knowledge of SAS, SQL, or R
  • Strong understanding of the U.S. healthcare system
  • Demonstrable skills in presenting technical concepts to a non‑technical audience in an understandable way

• 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
• 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 U.S. will be considered. The expected Final date to receive applications for this job is March 5, 2026.

The overall salary range for this role is $103,500 - $242,650.

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia:
  • $119,025 - $214,820 if overall experience is less than 10 years; and
  • $134,435 - $242,650 for experience greater than 10 years.
• All other states:
  • $103,500 - $186,800 if overall experience is less than 10 years; and
  • $116,900 - $211,000 for experience greater than 10 years.

• Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
• Employee Assistance Program – 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 full‑time employment; part‑time employees accrue PTO on a prorated basis. Full‑time employees accrue 15 days per year.
• Holidays – A minimum of 10 paid holidays per year.
• Family Building Benefits – Including 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.

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.