Associate Actuary - Medicare Part D (Seattle Health)

Milliman, Inc

Seattle, WA(remote)

Apply

JOB DETAILS

JOB TYPE

Full-time, Employee

SKILLS

Actuarial Skills, Affirmative Action, Budgeting, Business Transformation, Career Development, Communication Skills, Consulting, Customer Relationship Management (CRM), Customer Satisfaction, Data Analysis, Economics, Employee Benefits, Entrepreneurship, Equal Employment Opportunity (EEO), Financial Services, Forecasting, Funding, Government, Health Plan, Healthcare, Healthcare Providers, Human Resources, Information Technology Consulting, Insurance, Interpersonal Skills, Leadership, Life Insurance, Mathematics, Medicare, Mentoring, Organizational Skills, People Management, Power Amplifier, Presentation/Verbal Skills, Pricing, Project/Program Management, Property and Casualty Insurance, Regulations, Regulatory Compliance, Reporting Skills, Resource Utilization, Risk Management, Statistics, Sustainability, Team Lead/Manager, Technical Presentation

LOCATION

Seattle, WA

POSTED

30+ days ago

Description
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.

About Our Practice

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.

In this role, you will have the opportunity to:

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 that 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:

Professional 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

Personal Qualifications

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

Preferred Qualifications

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.

Location

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. This job posting is expected to close on May 29, 2026.

Compensation

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.

For candidates residing in:

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; and
$115,460 - $208,380 for experience greater than 10

All other states:

$88,800 - $160,400 if overall experience is less than 10 years; and
$100,400 - $181,200 for 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.

No recruiters, please.

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.
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 - 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 work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
Holidays - A minimum of 10 observed holidays per year.
Family Building Benefits - Includes 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.

Who We Are

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 (https://www.milliman.com/en/social-impact) 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.

Equal Opportunity

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.

#LI-REMOTE

#LI-RR1

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

Milliman is an equal opportunity employer

Our company, with the full support of our Chief Executive Officer, is fully committed to the maximum utilization of all human resources and the goals of Equal Employment Opportunity and Affirmative Action. We recruit, hire, train, and promote, and consider qualified applicants for employment, in all job titles without regard to age, ancestry, citizenship status, color, creed, familial status, genetic information, marital status, national origin, political ideology, race, religion, sex, sexual orientation, gender identity, status as an individual with a disability, or veteran status, including qualified disabled veterans, Armed Forces service medal veterans, recently separated veterans, and active duty wartime or campaign badge veterans; and shall not discriminate against any individual, or any other characteristic protected by law.

Reasonable Accommodation Notice

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

About the Company

Milliman, Inc

Resume Resources

Free Resume Templates Free Resume Builder