Consulting Actuary; ASA; Medicaid; CMH Health
Listed on 2026-09-06
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Business
Risk Manager/Analyst, Financial Analyst
Consultant Position
Milliman's CMH Health Practice is seeking a consultant with strong Medicaid managed-care experience to lead large, cross-functional projects with clients in the health industry. We are looking for someone who can build relationships with clients and senior management and is eager to apply their skills and experience to our rapidly growing entrepreneurial business.
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.
Job Responsibilities
- Responsible for building relationships with clients, directing projects, and presenting results to the client and answering their questions.
- Develop a successful client base through networking, writing articles, speaking engagements, and other marketing methods.
- Help identify the issues clients are facing and the resources needed to solve problems.
- Plan projects, identify project deliverables, meet deadlines, and ensure compliance with quality procedures.
Minimum Requirements
- Bachelor's or master's degree in a quantitative field
- ASA designation with the Society of Actuaries (SOA)
- 7+ years of health actuarial experience or similar at a consulting firm or health insurance company is required
- 3+ years of Medicaid managed care experience is required (this experience must be in past three years)
- Advanced proficiency in Microsoft Excel and actuarial concepts
- Experience managing projects
- Strong communication skills (both verbal and written), and analytical thinking skills to evaluate analyses for communication to clients
- Self-motivated, creative, and resourceful
Competencies and Behaviors that Support Success in this Role
- Experience with managed Medicaid programs with a preference in developing managed Medicaid capitation rates for state agencies
- Experience mentoring staff
- 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
- Ambition and excitement for professional development within the actuarial field
- Demonstrates integrity in all functions of work
The Team
Within a project team, consultants, managers, and analysts coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients, directing projects, and presenting results. Project managers work directly with analysts by reviewing work, answering questions, and developing client correspondence. Analysts are 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.
Location
It is preferred that this candidate work in-office at the Milwaukee, Chicago, or Harford office. Remote candidates will be considered. The expected Final date to receive applications for this job is January 17, 2027.
Compensation
The overall salary range for this role is $88,800 – $184,460. For candidates residing in:
- Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Newark, San Jose, San Francisco, Pennsylvania, Virginia, Washington, or the District of Columbia, the salary range is $102,120 – $184,460.
- All other states salary range is $88,800 – $160,400.
A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.
Benefits
We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being. Benefits include:
- Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
- Empl…
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