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Milliman

Milliman

Senior Actuarial Analyst - Indianapolis Health

Senior Actuarial Analyst - Indianapolis Health

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Job Details
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Uploaded On
June 29, 2023
""
Location
Indianapolis, United States
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Remote?
No
Salary
$
k-$
k
Glassdoor Ratings
""
Recommend to a Friend
80%
""
Overall Score
4.1 / 5

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[ Business Overview:

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's healthcare consulting practice, located in Indianapolis, provides consulting services to a broad array of clients in the healthcare field with a primary focus on Medicaid and Pharmaceutical consulting. We are looking for a Senior Actuarial Analyst to assist consulting actuaries with the development and use of actuarial models for pricing, reserving, and forecasting.

Our team members are independent problem solvers who care about the quality of the work that is delivered to clients and to each other. They take personal responsibility for their work and are motivated to succeed in their own careers, as well as, to help the firm succeed. We leverage these skills to create innovative solutions and share novel insights with our clients. Our flat structure provides ample opportunity for self-motivated actuarial analysts to ask questions, learn fast, interact with leading experts in the field, and take on responsibility commensurate with desired professional growth.

Position Description:

The Indianapolis Health practice continues to grow and has created an additional Senior Actuarial Analyst position. The successful candidate can independently review, organize and analyze statistical data, develop and utilize actuarial models, analyze healthcare costs and utilization data, and implement software solutions under minimal supervision. Our practice works with a wide range of clients and performs the following types of analyses:

  • Analyze healthcare cost and utilization data using spreadsheets and databases
  • Review, organize and analyze statistical data using Excel, R, SQL and SAS
  • Examine benefit plan and insurance pricing
  • Perform experience analysis and reserving
  • Complete technical research and computer modeling
  • Provide financial and statistical analysis
  • Reconcile claims data and project future costs
  • Draft client communications
  • Acts as a good representative of the practice both professionally and socially
  • Actively participate in a team-based environment
  • Displays willingness and eagerness to learn


Minimum Qualifications:

  • Bachelor's degree
  • 2 years'+ of full-time actuarial experience
  • At least 3 Society of Actuaries exams passed
  • A desire to expand actuarial skills
  • Advanced Excel skillset including VBA
  • Advanced computer programming experience
  • Ability to quickly learn new software programs
  • Strong analytical, communication, time management and organizational skills
  • Strong attention to detail
  • Ability to follow technical instructions
  • Treats others with respect


Milliman Benefits

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


Location

The person hired for this role will be required to work on-site in the Indianapolis office on a weekly basis, however, flexible work arrangements can be discussed.

Why Milliman?

Milliman is among the world's largest independent consulting and actuarial firms. Our clients represent nearly every segment of stakeholders in the global healthcare system. We advise clients on a wide range of issues - from assessing the impact of healthcare reform on organizations or populations to providing insight into medical utilization. Our consulting work is supported by a powerful tool kit of data analytics solutions and an expert-driven, multidisciplinary team approach to deliver actionable insights to our clients. Starting positions in the Milliman Indianapolis Health Practice offer varied opportunities to develop both professional and technical skills.

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) ]
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Working at 

Milliman

Milliman is among the largest actuarial and management consulting firms in the world. The firm employs over 2,800 people, including a professional staff of over 1,400 qualified actuaries and consultants in over 50 offices around the world. We provide actuarial consulting services in the property and casualty, life, health, and pension areas to clients which include insurance companies, insurance purchasers, regulators, self-insurers, and pension plan sponsors. Property and casualty services provided cover such diverse areas as evaluation of loss and expense reserves, pricing and funding requirements, risk retention, insurance management and operations, financial analysis, claims consulting, and reinsurance issues. The services we offer are as diverse as our clientele, but all are custom-tailored to meet the unique requirements of each client. For more detail on Milliman, please visit our website at www.milliman.com.

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