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About the Role

Health Consulting Actuaries are integral to client management and relationship functions within Milliman’s Employee Benefits Consulting practice. This role focuses on supporting the multiemployer health benefits market, with potential for select public and/or corporate clients. The position involves supporting consulting projects and maintaining/growing client relationships.

Responsibilities

• Lead Employer Health Benefits engagements, managing complex client projects and relationships.
• Deliver actuarial and strategic guidance on plan design, financials, benefit strategy, and vendor selection/management.
• Oversee end-to-end marketing and vendor searches across all coverage lines.
• Represent the practice with clients and partners.
• Identify opportunities for business growth.
• Ensure rigorous project tracking and peer review.
• Build strong internal partnerships.
• Contribute to business development and prospect presentations.
• Serve as the Consulting Actuary for all deliverables and manage large, complex client projects.
• Provide senior level actuarial and consulting support to clients.
• Manage/oversee the marketing and vendor search process for potentially all lines of coverage, with a focus on medical and pharmacy coverage.
• Develop and participate in strategic opportunities for the sale or cross-sell of consulting services.
• Follow established Milliman protocol for work quality and comply with peer review standards.
• Establish and maintain strong working relationships with appropriate consultants within Milliman.
• Participate in developing and making marketing presentations to new prospects.

Requirements

• At least twenty years of employer health actuarial experience.
• A minimum of ten years consulting experience.
• Strong working knowledge of actuarial concepts, benefits design, delivery, financing, and strategy.
• Must be in a leadership position (e.g., Principal or similar status).
• Proven track record of generating business.
• Experience with multiemployer plans is required.
• At least ten years of employer health consulting experience in a lead role.
• Demonstrated success providing health actuarial and consulting services.
• Current and relevant knowledge of legislation, market trends and issues affecting the employer health market.
• Proven new business success, successful staff management, and leadership of large, complex client relationships.
• Experience with coverage for the retiree market, including knowledge of Medicare programs.
• Thorough understanding of the marketing / vendor search process and the ability to manage the total process.
• Thorough understanding of medical and prescription drug coverage.
• The ability to lead actuarial teams and review and deliver core health actuarial work.
• Thorough understanding of self-insurance and stop-loss coverage concepts.
• Strong knowledge of employer health legal and regulatory framework.
• Effective time management skills to prioritize and organize multiple complex projects.
• Strong skills as a problem solver, including taking initiatives to complete necessary research and document the process used to reach conclusions.
• Travel (local and regionally) required.

Skills

• Actuarial concepts
• Benefits design
• Benefits delivery
• Benefits financing
• Benefits strategy
• Client management
• Relationship building
• Project management
• Communication skills (written and verbal)
• Analytical skills
• Problem solving

Location

• Portland, OR
• Seattle, WA
• Orange County, CA
• Walnut Creek, CA
• New York, NY
• Little Falls, NJ

Work Type

• Full-time
• Hybrid

Experience Level

• 20+ years of employer health actuarial experience
• 10+ years consulting experience
• Senior level

Education Level

• Bachelor’s degree
• ASA, MAAA
• Health and life insurance license preferred

Salary/Compensations

• $160,700 - $365,240
• $184,805 - $365,240 (Orange County, CA, Walnut Creek, CA, Seattle, WA, New York, NY and Little Falls, NJ)
• $160,700 - $317,600 (Portland, OR)

Benefits

• Medical, Dental and Vision coverage
• Employee Assistance Program (EAP)
• 401(k) Plan with company matching and profit-sharing
• Discretionary Bonus Program
• Flexible Spending Accounts (FSA)
• Paid Time Off (PTO)
• 10+ paid holidays per year
• Family Building Benefits (adoption and fertility assistance)
• Up to 12 weeks of paid Parental Leave
• Life Insurance & AD&D (100% premiums covered by Milliman)
• Short-Term and Long-Term Disability (fully paid by Milliman)

About the Company

• Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide.
• Helps companies address critical issues in retirement funding, healthcare financing, risk management, regulatory compliance, data analytics, and business transformation.
• Invests in skills training, career development, and offers learning and mentoring opportunities.
• Has employee-led communities (ERGs) that influence policy, develop leaders, and amplify voices.
• Encourages employees to give back to their professions and lead in professional organizations.
• Offers expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance through a diverse team of professionals.

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.