Associate Actuary - Seattle Health

$86,000 - $179,000/Yr

Aspen Tech Labs - Seattle, WA

Full-time - Mid Level

Seattle, WA

101-250 employees

About the position

The Associate Actuary position at Milliman's Seattle Health Practice involves applying creative actuarial skills to analyze healthcare data, manage projects, and supervise actuarial students. The role emphasizes strong communication and organizational abilities, with a focus on developing client relationships and potentially generating new business. Extensive on-the-job training is provided to enhance consulting skills and advanced actuarial techniques.

Responsibilities

• 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
• Develop the ability to manage client relationships

Requirements

• Bachelor's degree in mathematics, statistics, economics, or a related field
• ASA designation
• Four or more years of healthcare actuarial experience
• Demonstrable skills in presenting technical concepts to a non-technical audience
• Strong understanding of the US 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
• Entrepreneurial spirit

Nice-to-haves

• Meaningful experience in Medicaid rate-setting
• Experience in reserving and year-end statutory financials
• Experience in ACA pricing/rate filing
• Experience in Medicare Advantage, especially bid development
• Experience in value-based provider contracting
• Experience in employer stop-loss and/or reinsurance pricing

Benefits

• Medical, dental and vision coverage for employees and their dependents
• A 401(k) plan with matching program and profit-sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• Paid Time Off (PTO) starting from the first day of work
• Family building benefits, including adoption and fertility assistance
• Paid parental leave up to 12 weeks for eligible employees
• A minimum of 8 paid holidays
• 100% coverage of premiums for life insurance, AD&D, and disability coverage
• Flexible spending accounts for pre-tax dollars