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Actuarial Analyst; CMH Health

Job in Windsor, Hartford County, Connecticut, 06006, USA
Listing for: Milliman, Inc
Full Time position
Listed on 2025-12-31
Job specializations:
  • Healthcare
    Healthcare Management, Healthcare Administration
Salary/Wage Range or Industry Benchmark: 60300 - 121555 USD Yearly USD 60300.00 121555.00 YEAR
Job Description & How to Apply Below
Position: Actuarial Analyst (CMH Health)

Description

Individuals 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 is looking for Actuarial Analysts to join their vibrant, dynamic, and growing practice. Actuarial Analysts (referred to as Professional Staff) 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, healthcare financing, risk management, 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 healthcare segments (Medicare Advantage and Part D, Commercial / ACA, Medicaid, Long Term Care, Pharmacy, Provider, and more)
  • Participate in consulting activities to include pricing, reserving, financial projections, model development, forecasting, and mergers and acquisitions
  • Responsible for reviewing the work of peers and assisting with research and product development
  • Coordinate with Consultants, Managers, Professional Staff, and Interns as a project team to present client reports and deliverables
  • 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
Minimum Requirements
  • Bachelor's or master's degree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative coursework
  • At least two actuarial exams passed
  • 0-1 years of actuarial or related work experience
  • Previous work experience as a CMH Health actuarial or healthcare analytics intern is required
  • Thorough understanding of Microsoft Excel and actuarial concepts
Competencies and Behaviors that Support Success in this Role
  • Ambition and excitement for professional development within the actuarial field
  • Good academic standing (3.2 grade point average or above is preferred)
  • Previous internship or relevant work experience
  • Leadership experience and involvement in extra-curricular activities
  • Experience working with SAS, VBA, or other coding languages is advantageous
  • Experience with Medicare Advantage and Part D programs, Medicaid programs, commercial individual/group insurance, employer health benefits, pharmacy, or provider risk-taking programs strongly preferred
  • 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
  • Demonstrates integrity in all functions of work
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 and financial services, and property and casualty insurance.

Salary

The overall salary range for this role is $60,300 - $121,555.

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: $69,345 - $121,555
All other states
  • $60,300 - $105,700

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