Role Description
We are looking for a Senior Actuarial Consultant with 15+ years of relevant experience in the managed Medicaid and individual/group commercial health insurance space. This position provides excellent opportunities for professional growth in the healthcare actuarial field.
In this role, you will:
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Lead the identification, evaluation, and pursuit of new business opportunities, partnerships, and client relationships that deliver long-term value and support growth objectives.
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Oversee the creation of strategic opportunities to expand markets, strengthen client relationships, and increase the value of Milliman’s solutions and services.
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Serve as a senior advisor to clients, providing actuarial and business insights in the areas of reserving, pricing, forecasting, reinsurance, and enterprise risk management.
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Manage actuarial and cross-functional teams in the development of clear, concise, and decision-useful client deliverables.
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Leverage market knowledge, competitive intelligence, and client needs analysis to define and advance strategic initiatives that increase profitability and organizational value.
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Design and guide data-driven analyses using claims data, complex modeling, and actuarial methods to support client strategy and business growth.
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Build and maintain strong relationships with current and prospective clients by understanding their business needs, identifying opportunities, and developing tailored solutions.
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Lead multiple functions, projects, or client relationships, while helping shape functional strategies, objectives, and approaches that support business development infrastructure.
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Manage changing priorities in a dynamic environment while influencing senior stakeholders and advancing strategic growth efforts.
Qualifications
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15+ years of related actuarial and/or business development experience
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Subject matter expertise in managed Medicaid and individual/group commercial health insurance
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Bachelor of Science required
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FSA certification required
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Demonstrated experience leading business development strategy, client growth, and market expansion initiatives
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Executive leadership experience managing actuarial and cross-functional teams
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Experience defining strategic initiatives and using market and competitive intelligence to drive growth
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Expertise in pricing, reserving, forecasting, reinsurance, and enterprise risk management
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Advanced proficiency in Microsoft Office Suite
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Programming knowledge with SAS and Excel VBA
Requirements
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Exceptional communication, presentation, and stakeholder engagement skills
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Strong relationship-building and influencing skills with senior clients and internal leaders
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Strong time management and people leadership skills
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Ability to identify strategic opportunities and translate client needs into actionable solutions
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Experience working in a dynamic environment with adaptability, sound judgment, and integrity
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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.
Benefits
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Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
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Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
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401(k) Plan – Includes a company matching program and profit-sharing contributions.
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Discretionary Bonus Program – Recognizing employee contributions.
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Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.
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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.
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Holidays – A minimum of 10 paid holidays per year.
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Family Building Benefits – Includes adoption and fertility assistance.
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Paid Parental Leave – Up to 11 weeks of paid leave for employees who meet eligibility criteria.
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Life Insurance & AD&D – 100% of premiums covered by Milliman.
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Short-Term and Long-Term Disability – Fully paid by Milliman.
