Associate Actuary (ASA)

Description

Milliman’s Mountain Gulf 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. Intellectual curiosity, teamwork, a strong desire to learn, and self-motivation to succeed and driven to achieve are important drivers of success in our practice.

About Our Practice

Milliman’s Mountain Gulf Health Practice is a team of highly self-motivated and enthusiastic individuals who serve a wide variety of organizations, including insurance companies, health plans, state and federal agencies, healthcare providers, reinsurance companies, and employers. Our practice includes over 50 actuarial professionals, as well as healthcare consultants, administrative staff, and other non-actuarial personnel. We have developed expertise in a variety of business areas, offering comprehensive and specialized services to meet the diverse needs of our clients.

By joining Milliman, you will be working with some of the most experienced, most capable people in the health industry. For the right candidate, these opportunities will help you grow professionally while enjoying the work you do. This is a fully remote position.

You will have the opportunity to:

• 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.

To be successful in this role, you will have the following qualifications:

Professional Qualifications:

 Bachelor’s degree in mathematics, statistics, economics, or a related field

• ASA designation
• Three to six years of healthcare actuarial experience. Meaningful experience in Medicaid, especially capitation rate development and understanding of revenue mechanisms (e.g., risk scores).  Preference for Medicaid experience from the state perspective.
• 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
• Spanish proficiency desired but not required

Personal Qualifications:

• 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
• Strong self-motivation and drive to achieve personal and team goals

Location

This position is fully remote, as our practice is comprised of consultants all over the country. Remote candidates anywhere in the US will be considered. The expected application deadline for this job is March 31, 2026.

Compensation

The overall salary range for this role is $88,800 – $184,460.

For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $102,120 – $184,460

• All other locations the salary range is $88,800 - $160,400

A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

To be considered for this position, please upload a cover letter and resume.

No recruiters, please.

Benefits

We offer a comprehensive benefits package designed to support employees’ health, financial security, and well-being. Benefits include:

• Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
• Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
• 401(k) Plan – Includes a company matching program and profit-sharing contributions.
• Discretionary Bonus Program – Recognizing employee contributions.
• Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.
• Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
• Holidays – A minimum of 10 observed holidays per year.
• Family Building Benefits – Includes adoption and fertility assistance.
• Paid Parental Leave – Up to 12 weeks of paid leave for employees who meet eligibility criteria.
• Life Insurance & AD&D – 100% of premiums covered by Milliman.
• Short-Term and Long-Term Disability – Fully paid by Milliman.

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.

Equal Opportunity 

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

Salary : $88,800 - $184,460