Associate Actuary - Seattle Health

Milliman Ireland; Seattle (WA); Hybrid; USD 88,800 - 208,380; Full time

Benefits offered by this job

Medical, Dental and Vision coverage

401(k) Plan with company matching

Paid Time Off (PTO)

Paid Parental Leave

Job summary

Milliman Ireland is seeking an Associate Actuary in Seattle, WA, to contribute to the health actuarial work. The role demands healthcare actuarial experience and strong communication skills for project management while supervising actuarial students.

Candidates should possess a Bachelor’s degree in mathematics or a related field, along with proficiency in Excel and some knowledge of SAS, SQL, or R. The position offers competitive compensation, extensive training, and a comprehensive benefits package.

Qualifications

• Four or more years of healthcare actuarial experience.
• Excellent communication both verbal and written.
• Strong understanding of the US healthcare system.

Responsibilities

• Perform analysis of healthcare data.
• Write reports that explain technical concepts clearly to a non-technical audience.
• Supervise actuarial students in the completion of technical aspects of actuarial projects.

Skills

Healthcare actuarial experience

Project management

Communication skills

Creative actuarial capabilities

Excel proficiency

Education

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

Tools

SAS

SQL

R

Job description

01-Seattle, 1301 Fifth Ave, Ste. 3800, Seattle, WA 981012635, USA

Milliman's Seattle Health Practice is looking for an Associate Actuary with experience in health actuarial work. 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 analysts are also necessary for success. We provide extensive on‑the‑job training in consulting skills and advanced actuarial techniques.

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.

About Our Practice

Milliman’s Seattle Health Practice partners with a broad spectrum of organizations, including insurance companies, health plans, government agencies, healthcare providers, reinsurers, Accountable Care Organizations (ACOs), health technology firms, and employers. Our team includes over 180 actuarial professionals, supported by expert consultants, IT specialists, and dedicated operations staff.

What You Will Do

• 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 in the completion of technical aspects of actuarial projects

Employees will be expected to develop the ability to manage client relationships. While not required, employees that learn to successfully generate new business with both new and existing clients are likely to experience the greatest career growth.

Professional Qualifications

• Bachelor’s degree in mathematics, statistics, economics, or a related field
• Four or more years of healthcare actuarial experience. Meaningful experience in one or more of the following areas would be considered a “plus”:
  • Medicaid rate‑setting
  • Reserving and year‑end statutory financials (“blue” and “orange” blanks)
  • ACA pricing/rate filing
  • Medicare Advantage, especially bid development and understanding of revenue mechanisms (e.g., risk scores, star ratings)
  • Value‑based provider contracting
• Proficiency with Excel
• Some knowledge of SAS, SQL, 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
• Proven ability to work in a fast‑paced environment where client satisfaction is key

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.

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. The expected application deadline for this job is September 18, 2026.

Compensation

The overall salary range for this role is $88,800 - $208,380. 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:
  • $102,120 - $184,460 if overall experience is less than 10 years; and
  • $115,460 - $208,380 for experience greater than 10
• All other states:
  • $88,800 - $160,400 if overall experience is less than 10 years; and
  • $100,400 - $181,200 for experience greater than 10

Employees are also eligible for a bonus under our standard bonus policy. Paid bonus is dependent on billable hours worked by and work managed by the employee. Actual bonuses vary widely based on desired and completed workload but often exceed 30% of base salary.

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

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.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.