Associate Actuary – Value Based Payments

This is a fully remote position, open to applicants in Alaska, +9 more states.

📋 Description

• Conduct analysis of healthcare data

• Analyze and interpret regulations

• Create financial models

• Prepare reports that convey technical concepts clearly to non-technical audiences

• Oversee projects to completion within budgetary constraints

• Guide actuarial students and less-experienced actuaries on the technical aspects of actuarial projects

• Cultivate the ability to manage client relationships

• Effectively generate new business opportunities with both new and existing clients

• Collaborate with various organizations, including insurance companies, health plans, government agencies, healthcare providers, reinsurers, ACOs, health technology firms, and employers

⛳️ Requirements

• Bachelor's degree in mathematics, statistics, economics, or a related discipline

• ASA designation

• Over 7 years of experience in healthcare actuarial work

• At least 4 years in a consulting or advisory capacity, supporting health plans, state Medicaid agencies, or ACOs

• A minimum of 5 years of experience with Value-Based Payment models, such as shared savings, capitation, and other provider risk frameworks

• At least 3 years of experience leading Medicare and/or Medicaid program VBP initiatives, including delegating tasks and mentoring junior staff

• Familiarity with current Medicare and Medicaid VBP programs is advantageous, including REACH/LEAD, MSSP, AHEAD, TEAM, managed Medicaid, or Medicare Advantage provider risk

• Proficient in Excel

• Some knowledge of SAS, SQL, Python, or R

• Strong comprehension of the US healthcare system

• Proven ability to present technical concepts in an understandable manner to non-technical audiences

• Exceptional verbal and written communication skills

• Capability to work independently and collaboratively within teams

• Ability to modify existing data sources and methodologies to address client challenges

• Demonstrated capacity to thrive in a fast-paced, client-oriented environment

• An entrepreneurial mindset

• Must be legally authorized to work in the United States without current or future immigration support or sponsorship from Milliman

🏝️ Benefits

• Comprehensive Medical, Dental, and Vision coverage for employees, dependents, and domestic partners

• Employee Assistance Program (EAP)

• 401(k) Plan featuring company matching and profit-sharing contributions

• Discretionary Bonus Program

• Flexible Spending Accounts (FSA)

• Paid Time Off (PTO); full-time employees earn 15 days annually

• Minimum of 10 paid holidays each year

• Family Building Benefits, including assistance for adoption and fertility

• Up to 12 weeks of paid parental leave for eligible employees

• Life Insurance & AD&D, with 100% of premiums covered by Milliman

• Fully paid short-term and long-term disability

• Comprehensive on-the-job training in consulting skills and advanced actuarial methods

• Mentorship program for career guidance and development

• Opportunities for skills training, career development, learning, and mentoring

• Employee Resource Groups

• Consideration for remote candidates located anywhere in the US