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Actuary – Value Based Payments (Seattle Health)

Milliman
Seattle, USA
Full-time
Senior · 7+ years experience
Hybrid
USD 103500-242650 yearly / year
Discovered 3 weeks ago
SASSQLPythonR

Full Job Posting

You will have the opportunity to

Perform analysis of healthcare data

Interpret regulations

Build financial models

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.

What We’re Looking For

Professional Qualifications

Bachelor’s degree in mathematics, statistics, economics, or a related field

FSA designation

7+ years of healthcare actuarial experience, with at least four (4) years in a consulting or advisory role supporting health plans, state Medicaid agencies, or ACOs.

Minimum of five (5) years of experience with VBP arrangements (e.g., shared savings, capitation, and other provider risk arrangements).

Minimum of three (3) years leading Medicare and/or Medicaid program VBP work, including delegating work to and mentoring junior staff.

Experience with current Medicare and Medicaid VBP programs (REACH/LEAD, MSSP, AHEAD, TEAM, managed Medicaid or Medicare Advantage provider risk) is a plus.

Proficiency with Excel

Some knowledge of SAS, SQL, Python, or R

Strong understanding of the US healthcare system

Demonstrable skills in presenting technical concepts to a non-technical audience in an understandable way

Personal Qualifications

Excellent communication, both verbal and written

Ability to work both independently and in team environments

Seeks to learn and understand project goals in service of finding new and better ways to solve client problems

Comfortable adapting existing data sources and methodologies in response client problems

Can explain complex concepts to non-technical audiences

Proven ability to work in a fast-paced environment where client satisfaction is key

Entrepreneurial spirit

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.

The expected application deadline for this job is December 11, 2026.

Location

  • This position is based out of the Milliman office in Seattle, WA. It is preferred that this employee work in-office, but remote candidates anywhere in the US will be considered.

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, 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.
  • $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.
  • $103,500 - $186,800 if overall experience is less than 10 years; and
  • $116,900 - $211,000 for experience greater than 10 years.

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 paid 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 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 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, inclusion, 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, national origin, disability, or status as a protected veteran. #LI-REMOTE #LI-RR1

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