Associate Actuary - Seattle Health

Associate Actuary - Seattle Health – Milliman

Milliman's Seattle Health Practice is looking for an Associate Actuary with experience in health actuarial work. The position requires creative actuarial capabilities, good communication and interpersonal skills, and organizational talents. A high degree of self‑motivation and the ability to lead a team of analysts are also necessary for success. We provide extensive on‑the‑job training in consulting skills and advanced actuarial techniques.

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.

Milliman’s Seattle Health Practice partners with a broad spectrum of organizations, including insurance companies, health plans, government agencies, healthcare providers, reinsurers, Accountable Care Organizations (ACOs), health technology firms, and employers. Our team includes over 180 actuarial professionals, supported by expert consultants, IT specialists, and dedicated operations staff.

• 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

Employees will be expected to develop the ability to manage client relationships. While not required, employees that learn to successfully generate new business with both new and existing clients are likely to experience the greatest career growth.

• Bachelor’s degree in mathematics, statistics, economics, or a related field
• ASA designation
• Four or more years of healthcare actuarial experience (certain areas considered a “plus”):
• Medicaid rate‑setting
• Reserving and year‑end statutory financials (“blue” and “orange” blanks)
• ACA pricing/rate filing
• Medicare Advantage, especially bid development and understanding of revenue mechanisms (e.g., risk scores, star ratings)
• Value‑based provider contracting
• Employer stop‑loss and/or reinsurance pricing
• Demonstrable skills in presenting technical concepts to a non‑technical audience in an understandable way
• Strong understanding of the US healthcare system
• Proficiency with Excel
• Some knowledge of SAS, SQL, or R

• Excellent communication both verbal and written
• Ability to work both independently and in team environments
• Proven ability to work in a fast‑paced environment where client satisfaction is key
• Entrepreneurial spirit

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

This position is based out of the Milliman office in Seattle, WA. It is preferred that this employee work in‑office, but remote candidates anywhere in the US will be considered. The expected Final date to receive applications for this job is March 5, 2026.

The overall salary range for this role is $88,800 – $208,380. A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

• For Candidates Residing In:
  • Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, Pennsylvania, Virginia, Washington, or the District of Columbia: $102,120 – $184,460 if overall experience is less than 10 years; and $115,460 – $208,380 for experience greater than 10 years.
  • All other states: $88,800 – $160,400 if overall experience is less than 10 years; and $100,400 – $181,200 for experience greater than 10 years.

• Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
• Employee Assistance Program (EAP) – Confidential support for personal and…