Associate Actuary - Seattle Health

Milliman, Inc; Seattle (WA); On-site; 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), accrual of 15 days per year

Paid Parental Leave

Job summary

Milliman, Inc in Seattle is looking for an Associate Actuary to perform healthcare data analysis and manage projects. Ideal candidates have at least four years of healthcare actuarial experience, a Bachelor’s degree in a relevant field, and demonstrate strong communication and leadership skills. This role includes extensive training and opportunities for professional growth. The salary range is $88,800 - $208,380 based on experience, and remote candidates within the US will be considered.

Qualifications

• Four or more years of healthcare actuarial experience.
• Experience in Medicaid rate-setting, reserving, or ACA pricing is a plus.
• Skills in presenting technical concepts to a non-technical audience.

Responsibilities

• Perform analysis of healthcare data.
• Write reports explaining technical concepts clearly.
• Manage projects through completion within budget.
• Supervise actuarial students.

Skills

Communication skills

Interpersonal skills

Organizational talents

Creative actuarial capabilities

Project management

Team leadership

Excel proficiency

Knowledge of SAS, SQL, or R

Education

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

ASA designation

Tools

Excel

SAS

SQL

R

Job description

Milliman's Seattle Health Practice is looking for an Associate Actuary with experience in health actuarial work. The position requires creative actuarial capabilities, strong communication and interpersonal skills, and organizational talents. A high degree of self‑motivation and the ability to lead a team of analysts are also essential. We provide extensive on‑the‑job training in consulting skills and advanced actuarial techniques.

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.

Join Milliman and collaborate with some of the most accomplished professionals in the health industry. Our mentor program ensures you have a dedicated colleague to guide your career growth, providing the support and resources you need to thrive. For motivated candidates, this is an exceptional opportunity to advance professionally while making a meaningful impact in healthcare.

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
• ASA designation
• 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
• Employer stop‑loss and/or reinsurance pricing
• Demonstrable skills in presenting technical concepts to a non‑technical audience in an understandable way
• Strong understanding of the US healthcare system
• Proficiency with Excel
• Some knowledge of SAS, SQL, or R

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
• 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.

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. This job posting is expected to close on June 9, 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 years.
• 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 years.

Benefits

• 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 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 & ADDD - 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.