Senior Actuarial Consultant

🔥 1 minute ago

🇺🇸 United States – Remote

💵 $134.2k - $254.8k / year

⏰ Full Time

🟠 Senior

📊 Actuary

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Milliman

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1947

🏥 Healthcare

🛡️ Insurance

💼 Consulting

Healthcare • Insurance • Consulting

Milliman is an independent global actuarial and consulting firm founded in 1947 that provides expertise in insurance, healthcare, retirement and employee benefits, risk management, and related financial services. The firm combines actuarial rigor, data science, and technology to deliver consulting, modeling, software, and advisory solutions to public- and private-sector clients addressing challenges such as healthcare costs, market volatility, climate risk, and program design. Milliman operates worldwide with multidisciplinary teams including actuaries, data scientists, clinicians, and software engineers.

📋 Description

• Develop and own business development plans for commercial and ACA health insurance markets. • Lead identification, evaluation, and pursuit of new business opportunities through prospect outreach, pursuit strategy, proposals, client presentations, and securing engagements. • Lead market and competitive analysis covering industry trends, regulatory developments, competitors, and client needs. • Develop strategic initiatives and differentiated consulting solutions to increase practice revenue, profitability, and client value. • Build relationships with senior decisionmakers at current and prospective clients and strategic partners. • Create account growth strategies and identify cross-practice opportunities. • Coordinate with colleagues across Milliman to expand existing relationships and enter new markets. • Monitor business development priorities, opportunity pipeline, and growth results; recommend strategic adjustments. • Apply actuarial expertise in pricing, healthcare cost projections, and forecasting to shape client solutions. • Provide senior-level guidance and oversight on selected consulting engagements. • Manage and develop consulting staff, including assigning and reviewing work and providing guidance. • Conduct performance appraisals and compensation reviews.

🎯 Requirements

• Bachelor’s degree, preferably in mathematics, statistics, actuarial science, economics, or another analytic field. • Achievement of Fellow of the Society of Actuaries. • 10+ years of relevant experience in commercial and ACA health insurance, including significant responsibility for business development, market expansion, or client growth. • Demonstrated success developing and executing business development strategies, winning new consulting engagements, and growing existing client accounts. • Experience leading market and competitive assessments and translating findings into initiatives that strengthen profitability or customer value. • Strong executive-level relationship-building, communication, and presentation skills. • Ability to influence senior clients and internal stakeholders. • Quantitative thinking and analytical tools. • Experience with benefits and/or pricing for commercial plans offered through state or federally facilitated exchanges preferred. • Experience developing strategic partnerships, go-to-market plans, or new consulting service offerings preferred. • Ability to translate actuarial and analytical capabilities into differentiated client value propositions and commercially viable consulting solutions preferred. • Strong organizational skills and ability to manage multiple projects and deadlines preferred. • Strong creative problem-solving skills with an innovative and entrepreneurial mindset preferred. • Strong knowledge of Excel and database/statistical analysis languages (SQL or SAS) preferred. • Experience leading project teams and mentoring junior actuarial staff preferred. • Willingness to work with clients and teams located in Pacific Time Zone preferred. • Must be legally authorized to work in the United States without immigration support or sponsorship now or in the future.

🏖️ Benefits

• Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners. • Employee Assistance Program (EAP) • 401(k) Plan – Includes a company matching program and profit-sharing contributions. • Discretionary Bonus Program • Flexible Spending Accounts (FSA) • Paid Time Off (PTO) – Full-time employees accrue 15 days per year. • Minimum of 10 paid holidays per year. • Family Building Benefits – Adoption and fertility assistance. • Paid Parental Leave – 11 weeks for eligible employees. • Life Insurance & AD&D – 100% of premiums covered by Milliman. • Short-Term and Long-Term Disability – Fully paid by Milliman. • Skills training and career development. • Learning and mentoring opportunities. • Employee Resource Groups (ERGs).

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