Associate Actuary

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:

• Analyzing data and producing reports using spreadsheets and databases
• Using a variety of Milliman models and other resources to produce health care cost projections and other actuarial work products.
• Drafting written reports and other correspondence
• Reviewing the work of others as part of Milliman's commitment to high quality work
• Assisting with research and marketing projects
• Ambition and progress towards the completion of actuarial exams with the goal of attaining a Fellowship

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, or meaningful progress towards, becoming an Associate of the Society of Actuaries
• Roughly 4-8 years of relevant actuarial work experience in commercial insurance, Medicare Advantage and Part D, government sector, or other health insurance work.
• 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, Medicare Advantage, Medicare Part D, or other actuarial work
• 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 for this role is $86,000 - $179,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.

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.