Medicaid Actuary (FSA)

Description

Milliman's Mountain Gulf Health Practice is looking for an FSA with experience in health actuarial work, with specific expertise for 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.

About Our Practice

Milliman's Mountain Gulf Health Practice is a team of highly self-motivated and enthusiastic individuals who serve a wide variety of organizations, including insurance companies, health plans, state and federal agencies, healthcare providers, reinsurance companies, and employers. Our practice includes over 50 actuarial professionals, as well as healthcare consultants, administrative staff, and other non-actuarial personnel. We have developed expertise in a variety of business areas, offering comprehensive and specialized services to meet the diverse needs of our clients.

By joining Milliman, you will be working with some of the most experienced, most capable people in the health industry. Through our mentor program, you will have a dedicated colleague available to help guide your career growth. For the right candidate, these opportunities will help you grow professionally while enjoying the work you do. This is a fully remote position.

You will have the opportunity to:

• Perform analysis of healthcare data
• 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.

To be successful in this role, you will have the following qualifications:

Professional Qualifications:

• Bachelor's degree in mathematics, statistics, economics, or a related field
• FSA designation
• Seven to twelve years of healthcare actuarial experience. Meaningful experience in Medicaid, especially capitation rate development and understanding of revenue mechanisms (e.g., risk scores). Preference for Medicaid experience from the state perspective.

• Proficiency with Excel
• Some knowledge of SAS, SQL, or R
• Strong understanding of the US healthcare system and Medicaid in particular
• Demonstrable skills in presenting technical concepts to a non-technical audience in an understandable way
• Superior problem-solving capabilities and desire to learn
• Spanish language skills desired but not required

Personal Qualifications:

• Excellent communication, both verbal and written
• Ability to work both independently and in team environments
• Proven ability to work in a fast-paced environment where client satisfaction is key
• Drive to grow, learn, and build a bright career
• Entrepreneurial spirit

Location

This position is fully remote, as our practice is comprised of consultants all over the country. Remote candidates anywhere in the US will be considered. This job posting is expected to close on March 1, 2026.

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, New York City, 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.

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

To be considered for this position, please upload a resume and cover letter.

No recruiters, please.

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 observed 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.

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.

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, national origin, disability, or status as a protected veteran.