Milliman Inc

Consulting Actuary - Health (FSA)

Milliman Inc$119K — $214K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Fellow of the Society of Actuaries (FSA) credential required.
  • Minimum of 5 years of relevant healthcare insurance pricing experience.
  • Preferred knowledge of Medicare Advantage and the Affordable Care Act.
  • Experience in software development and automation is essential.
  • Bachelor's degree or higher is required.

Responsibilities

  • Develop and apply actuarial models to various client situations.
  • Manage and oversee client projects effectively.
  • Aid in the development of Medicare Advantage Plan (MAPD) bids or filings under the ACA.
  • Facilitate training and management of junior staff or team members.
  • Assist in software development and automation initiatives.

Benefits

  • Comprehensive medical, dental, and vision coverage for employees and their families.
  • Employee Assistance Program (EAP) for support on personal and work-related challenges.
  • 401(k) plan with company matching and profit-sharing contributions.
  • Discretionary bonus program rewarding employee contributions.
  • Flexible Spending Accounts (FSA) for pre-tax savings on qualifying expenses.
  • Accrued Paid Time Off (PTO) starting from the first day of employment.
  • Minimum of 10 paid holidays per year.
  • Family building benefits, including adoption and fertility assistance.
  • Paid parental leave of 11 weeks for eligible employees.
  • Life insurance and AD&D premiums fully paid by Milliman.
  • Fully paid short-term and long-term disability coverage.
Full Job Description
Role

The Philadelphia Health Department of Milliman is looking for a FSA candidate with a minimum five years of relevant healthcare insurance pricing experience to manage projects for a diverse and expanding client base. Candidates with knowledge of Medicare Advantage or the Affordable Care Act will be given preference. Experience with software development and automation is required.

Responsibilities

  • Develop and apply actuarial models to diverse client situations
  • Manage client projects
  • Aid in the development of MAPD bids or ACA filings
  • Help with the training and management of staff
  • Assist in software development and automation

Education

Bachelors or higher.

Experience

Five years: Experience with Medicare Advantage or the Affordable Care Act preferred. Experience with software development and automation is required.

Licenses & Certifications

Required: FSA

If you have not yet attained your FSA credential, and have up to 5 years of professional actuarial experience, please apply instead to posting Consulting Actuary - Health (ASA) #CONSU010498

Milliman 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 - 11 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.


Location

This will be a fully remote position. Candidates must be located in the United States. This anticipated closing date for this posting is September 30, 2026

Compensation

The overall salary range for this role is $103,500 - $214,820. For candidates residing in:

  • Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the range is $119,025 - $214,820.
  • All other locations the range is $103,500 - 186,800.


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

#LI-REMOTE

About Milliman Inc

Milliman is a global consulting firm that provides actuarial, risk management, and healthcare consulting services. The company's clients include insurance companies, healthcare providers, and government agencies. Milliman's services are designed to help clients manage risk, improve financial performance, and comply with regulatory requirements. The company was founded in 1947 and is headquartered in Seattle, Washington. Milliman has offices in North America, Europe, Asia, and Australia.
Learn more about Milliman Inc
Size
4,000 employees
Industry
Founded
1947

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