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Actuarial Consultant

Milliman, Inc
life insurance, parental leave, paid time off, paid holidays, 401(k), profit sharing
United States, California, San Diego
Nov 20, 2024
Description

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, diversity and inclusion, social impact 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.

What You Will Do

In this role, you will have the following responsibilities:



  • Interface with clients to understand their needs and to manage the project internally
  • Use a variety of Milliman models and other resources to produce health care cost projections and other actuarial work products.
  • Draft written reports and other correspondence
  • Review the work of others as part of Milliman's commitment to high quality work
  • Assist with research and marketing projects


What We Are Looking For

This role has the following requirements:



  • Bachelors degree, preferably in mathematics, statistics, actuarial science, economics, or some other analytic field
  • Achievement of Fellow of the Society of Actuaries
  • Roughly 8+ years of relevant actuarial work experience in Medicaid or commercial health insurance.
  • Excellent written and oral communication skills
  • Passion to help clients solve their most pressing problems using quantitative thinking and analytical tools


This role has the following preferred experience and skills:



  • Prior experience with benefits and/or pricing for plans offered through state or federally facilitated exchanges
  • Willingness and aptitude for detailed work
  • Strong organizational skills and ability to manage multiple projects and deadlines
  • Strong creative problem-solving skills with an innovative and entrepreneurial mindset
  • Strong knowledge of Excel and database/statistical analysis language (SQL or SAS)
  • Experience leading more junior actuarial staff members is a plus
  • Willingness to work with clients and teams located in Pacific time zone


The Team

Milliman's San Diego healthcare practice provides consulting services to clients in the healthcare industry including health plans, government payers, providers, and reinsurers.

Location

Milliman accepts applicants for this opportunity and hires from this posted opportunity on an ongoing basis. There is not an anticipated closure date for this job posting.

This role is based out of the Milliman office in San Diego, CA, but candidates hired into this role may work remotely anywhere in the US.

Compensation

The salary range is $100,000 - $236,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. If overall experience is less than 10 years the range would be $100,000 - $209,000; for experience of greater than 10 years, the range would be $113,000 - $236,000.

Benefits

At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:



  • A 401(k) plan with matching program, and profit sharing contribution
  • Employee Assistance Program (EAP)
  • A discretionary bonus program
  • Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
  • Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
  • Commuter Program, which allows you to use pre-tax dollars to pay for your parking or public transit expenses to get to and from work. You may utilize this benefit any time throughout the year and funds will be available the first of the month following your first contribution.
  • A minimum of 8 paid holidays
  • Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
  • Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs


Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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