Milliman's Seattle Health Practice is looking for an FSA with experience in health actuarial work with a focus on Value Based Payments (VBP) in government programs (Medicare, Medicaid). 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 dedicated consultants are also necessary for success. We provide extensive on-the-job training in consulting skills and advanced actuarial techniques.

You will have the opportunity to:

• Perform analysis of healthcare data
• Interpret regulations
• Build financial models
• Write reports that explain technical concepts clearly to a non-technical audience
• Manage projects through completion within an expected budget
• Supervise actuarial students and less-experienced actuaries in the completion of technical aspects of actuarial projects

Employees will be expected to develop the ability to manage client relationships and successfully generate new business with both new and existing clients.

What We're Looking For

Professional Qualifications

• Bachelor's degree in mathematics, statistics, economics, or a related field
• FSA designation
• 7+ years of healthcare actuarial experience, with at least four (4) years in a consulting or advisory role supporting health plans, state Medicaid agencies, or ACOs.
• Minimum of five (5) years of experience with VBP arrangements (e.g., shared savings, capitation, and other provider risk arrangements).
• Minimum of three (3) years leading Medicare and/or Medicaid program VBP work, including delegating work to and mentoring junior staff.
• Experience with current Medicare and Medicaid VBP programs (REACH/LEAD, MSSP, AHEAD, TEAM, managed Medicaid or Medicare Advantage provider risk) is a plus.
• Proficiency with Excel
• Some knowledge of SAS, SQL, Python, or R
• Strong understanding of the US healthcare system
• Demonstrable skills in presenting technical concepts to a non-technical audience in an understandable way

Personal Qualifications

• Excellent communication, both verbal and written
• Ability to work both independently and in team environments
• Seeks to learn and understand project goals in service of finding new and better ways to solve client problems
• Comfortable adapting existing data sources and methodologies in response client problems
• Can explain complex concepts to non-technical audiences
• 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.

The expected application deadline for this job is December 11, 2026.

Location
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.

Compensation
The overall salary range for this role is $103,500 - $242,650. 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:
  
  • $119,025 - $214,820 if overall experience is less than 10 years; and
  • $134,435 - $242,650 for experience greater than 10 years.
• All other states:
  
  • $103,500 - $186,800 if overall experience is less than 10 years; and
  • $116,900 - $211,000 for experience greater than 10 years.

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 paid 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.