Overview

Milliman is seeking an Actuarial Consultant (FSA) to join our growing health practice, located in Indianapolis, to guide project and client management. The ideal candidate has 10+ years of expertise in project scope development, project and staff management, and can effectively lead client interactions. This position provides excellent opportunities for professional development and advancement.

Our team is comprised of respected industry leaders who routinely perform cutting edge research. Our independently managed practice offers a flat structure that makes it possible for you to advance your career, your way. Our team prides itself on making a meaningful impact serving state Medicaid agencies and other health and human services agencies.

Examples of analysis conducted by our team includes:

• Medicaid capitation rate setting
• Medicaid budget and forecasting assistance
• Risk adjustment
• Value-based and alternative payment support
• Projection and other financial modeling
• Experience analysis including outcomes analyses, prevalence/incidence estimates and expenses associated with specified diseases and conditions
• Actuarial support for government reporting requirements
• Pricing and reserving
• Assistance with contract bidding and negotiations
• Population projections for product development

Responsibilities

In this role, you will:

• Serve as lead and/or supporting actuary on large and complex capitation rate setting analyses and related projects
• Manage long term, complex projects involving multiple internal and external stakeholders
• Provide actuarial leadership in conducting analyses that estimate the financial outcomes of program and benefit changes
• Development and peer review of capitation rate setting assumptions
• Clearly communicate results and their related financial impact in a concise manner to senior actuaries and external stakeholders
• Provide direction and coaching to actuarial analysts
• Maintain a high-level of quality and accuracy in all client communication and deliverables
• Participation in business development opportunities

Qualifications

• Healthcare industry leadership, Medicaid experience, or combination of both
• Management experience leading staff and analysts through information gathering, validation, and analysis
• Experience and desire to lead client projects and prepare client communications
• Solid analytic and mathematic skills
• Advanced computer skills including Microsoft Office Suite - Excel, Word, PowerPoint and Teams
• Excellent written and oral communication skills
• Strong organizational and time management skills

Required

• 10+ years of professional actuarial experience

The Team

The Indianapolis Health Practice is strategically structured to serve state Medicaid agencies and other health and human services agencies. We create dedicated core teams for each state Medicaid agency client that are customized to serve each of our clients' unique needs. As a member of a state client team, you will observe how we provide comprehensive consulting services which span from many different disciplines and backgrounds including actuarial, policy, finance, pharmacy, and data management, all working together for a common goal to best serve our clients' needs.

Location

The person hired for this role will work in a dynamic, hybrid environment, with 2 to 3 days per week of on-site work required in our Indianapolis office on a weekly basis.

Benefits

At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:

• Medical, dental and vision coverage for employees and their dependents, including domestic partners
• A 401(k) plan with matching program, and profit sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
• A minimum of 8 paid holidays
• Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs

Who We Are

Independent for 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, gender identity, national origin, disability, or status as a protected veteran.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)