Senior Actuarial Analyst - Medicare Part D

$70,000 - $164,000/Yr

Milliman - Seattle, WA

Full-time - Mid Level

Seattle, WA

101-250 employees

Professional, Scientific, and Technical Services

About the position

The Senior Actuarial Analyst position at Milliman's Seattle Health Practice focuses on Medicare Part D and requires strong actuarial skills, effective communication, and leadership abilities. The role involves providing strategic guidance, performing healthcare data analysis, and managing projects while supervising actuarial students. The position offers extensive training in consulting and advanced actuarial techniques, aiming to foster professional growth within a collaborative environment.

Responsibilities

• Work on Medicare Part D, Medicare Advantage, forecasting and bids.
• Provide strategic guidance to local and regional health plans regarding the 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.

Requirements

• Bachelor's degree in mathematics, statistics, economics, or a related field.
• Successful completion of four or more (4+) Society of Actuaries exams.
• 4-10 years of healthcare actuarial experience, including three or more years with Medicare Part D and bid development.
• Strong understanding of the US healthcare system.
• Proficiency with Excel and some knowledge of SAS and/or SQL.
• Excellent communication skills, both verbal and written.
• Ability to work independently and in team environments.

Nice-to-haves

• Bid Certification
• Experience with R and/or Python
• Experience with PowerBI

Benefits

• Medical, dental and vision coverage for employees and their dependents, including domestic partners.
• 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, accruing 15 days per year for full-time employees.
• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks.
• A minimum of 8 paid holidays.
• 100% coverage of premiums for life insurance, AD&D, and both short-term and long-term disability coverage.
• Flexible spending accounts for dependent care, transportation, and medical needs.