Actuarial Consultant (FSA) - Indianapolis Health

Overview

Milliman's Indianapolis Health Practice is seeking an Actuarial Consultant (FSA) to join our growing health practice, to guide project and client management. The ideal candidate has expertise in project scope development, project and staff management, and can effectively lead client interactions. Our team is prepared to bring on a recently admitted Fellow, or a Fellow with experience. This position provides excellent opportunities for professional development and advancement.

Our team is comprised of respected industry leaders who routinely perform cutting edge research. Our independently managed practice offers a flat structure that makes it possible for you to advance your career, your way. Our team prides itself on making a meaningful impact serving state Medicaid agencies and other health and human services agencies.

Examples of analysis conducted by our team includes:

• Medicaid capitation rate setting
• Medicaid budget and forecasting assistance
• Risk adjustment
• Value-based and alternative payment support
• Projection and other financial modeling
• Experience analysis including outcomes analyses, prevalence/incidence estimates and expenses associated with specified diseases and conditions
• Actuarial support for government reporting requirements
• Pricing and reserving
• Assistance with contract bidding and negotiations
• Population projections for product development

Responsibilities

In this role, you will:

• Serve as lead and/or supporting actuary on large and complex capitation rate setting analyses and related projects
• Manage long term, complex projects involving multiple internal and external stakeholders
• Provide actuarial leadership in conducting analyses that estimate the financial outcomes of program and benefit changes
• Development and peer review of capitation rate setting assumptions
• Clearly communicate results and their related financial impact in a concise manner to senior actuaries and external stakeholders
• Provide direction and coaching to actuarial analysts
• Maintain a high-level of quality and accuracy in all client communication and deliverables
• Participation in business development opportunities

Qualifications

• Healthcare industry leadership, Medicaid experience, or combination of both
• Management experience leading staff and analysts through information gathering, validation, and analysis
• Experience and desire to lead client projects and prepare client communications
• Solid analytic and mathematic skills
• Advanced computer skills including Microsoft Office Suite - Excel, Word, PowerPoint and Teams
• Excellent written and oral communication skills
• Strong organizational and time management skills

Required:

• FSA designation
• 0-9 years of experience

The Team

The Indianapolis Health Practice is strategically structured to serve state Medicaid agencies and other health and human services agencies. We create dedicated core teams for each state Medicaid agency client that are customized to serve each of our clients' unique needs. New staff are placed on a dedicated state client team, learning from seasoned consultants. As a member of a state client team, you will observe how we provide comprehensive consulting services which span from many different disciplines and backgrounds including actuarial, policy, finance, pharmacy, and data management, all working together for a common goal to best serve our clients' needs.

Location

The person hired for this role will work in a dynamic, hybrid environment, with 2 to 3 days per week of on-site work required in our Indianapolis office on a weekly basis.

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
• Employees working less full-time accrue PTO on a prorated basis




• Holidays - A minimum of 10 observed holidays per year
• Family Building Benefits including 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 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, diversity and inclusion, social impact 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, gender identity, national origin, disability, or status as a protected veteran.

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