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Milliman

Milliman

Actuarial Analyst

Actuarial Analyst

Job Details
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Uploaded On
September 26, 2024
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Location
Tampa, United States
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Remote?
No
Company Overview
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Headquarters
Seattle, WA
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Number of Employees
3000
Estimated Number of Actuaries
1465
Salary
$
k-$
k
Glassdoor Ratings
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Recommend to a Friend
80%
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Overall Score
4.1 / 5

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Milliman's Tampa Health Practice is seeking an Actuarial Analyst that is excited to join their vibrant, dynamic and growing practice. This position will have the opportunity to work in a wide variety of areas within the healthcare industry while working alongside some of the leading experts in the field.

Role

Actuarial Analysts perform data analysis using Excel, SAS, R, Python while working with proprietary Milliman programs to assist with consulting for various health insurance work areas, such as Medicare, Commercial / ACA, Medicaid, Pharmacy, Provider, and more. Analysts also assist with consulting for other types of companies including pharmaceutical manufacturers, pharmacy benefit managers, and others. Such consulting activities include pricing, reserving, financial projections, and detailed claims cost analytics. Actuarial Analysts are also responsible for reviewing the work of peers, assisting with research and product development. The actuarial analyst is expected to make strong progress through the actuarial exams.

Within a project team, Consultants, Managers, and Professional Staff coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients, directing projects, and presenting results. Managers work directly with Professional Staff by reviewing work, answering questions, and developing client correspondence. Professional Staff is responsible for the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions.

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.

The Team

Milliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issues-from assessing the impact of healthcare reform on organizations or populations to streamlining operations while advancing the quality of patient care. Our consulting work is supported by a powerful toolkit of data analytics solutions and informed by the most trusted, comprehensive set of cost guidelines in the industry.

Qualifications

Required:

  • Bachelor's degree in a quantitative field
  • At least two actuarial exams passed
  • At least 2 years of experience in an actuarial role


Desired:

  • Experience working with SAS, VBA, R, Python, or other coding languages is advantageous
  • Experience with Medicare Advantage programs, Medicaid programs, commercial individual/group insurance, pharmacy, or provider risk-taking programs strongly preferred


Competencies and behaviors that support success in this role:

  • Strong communication skills (both verbal and written)
  • Analytical thinking skills to evaluate analyses for downstream impact
  • Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures
  • Strong time management skills
  • Ability to work independently and in a team environment
  • Client focused and resulted oriented
  • Ambition and excitement for professional development within the actuarial field
  • High integrity in all professional work


Milliman 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


Location

The opportunity is onsite in the Milliman Tampa office.

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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Working at 

Milliman

Milliman is among the largest actuarial and management consulting firms in the world. The firm employs over 2,800 people, including a professional staff of over 1,400 qualified actuaries and consultants in over 50 offices around the world. We provide actuarial consulting services in the property and casualty, life, health, and pension areas to clients which include insurance companies, insurance purchasers, regulators, self-insurers, and pension plan sponsors. Property and casualty services provided cover such diverse areas as evaluation of loss and expense reserves, pricing and funding requirements, risk retention, insurance management and operations, financial analysis, claims consulting, and reinsurance issues. The services we offer are as diverse as our clientele, but all are custom-tailored to meet the unique requirements of each client. For more detail on Milliman, please visit our website at www.milliman.com.

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