Milliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issues—from assessing the impact of healthcare reform on organizations or populations to streamlining operations while advancing the quality of patient care. Our consulting work is supported by a powerful toolkit of data analytics solutions and informed by the most trusted, comprehensive set of cost guidelines in the industry.
ROLE DESCRIPTION AND RESPONSIBILITIES
Analysts (referred to as Professional Staff) perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting for various health insurance work areas, such as Medicare, Commercial / ACA, Medicaid, Long Term Care, Pharmacy, Provider, and more. Such consulting activities include Pricing, Reserving, Financial Projections, and Mergers and Acquisitions. Professional staff are also responsible for reviewing the work of others, assisting with research and product development, and progressing with actuarial exams.
Experienced Analysts who serve in a Project Manager (PM) role are responsible for doing some technical work while delegating the majority of that work to Professional Staff to help meet client needs. PMs are expected to teach and train Professional Staff who are working on the projects for which the PM is responsible. PMs typically work on five to seven projects simultaneously and are expected to add insight into the technical direction of a project, check the initial reasonableness of the solution and create client communications for review by Consultants. Client interaction generally includes data collection, project updates, and answering basic technical questions.
Within a project team, Consultants, Project Managers, and Professional Staff coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients, directing projects, and presenting results. Project Managers work directly with Professional Staff by reviewing work, answering questions, and developing client correspondence. Professional Staff are responsible for the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions.
NOTE: This Actuarial Analyst position is for non-credentialed actuarial candidates who are actively pursuing exams. Whether you are considered for a Professional Staff or Project Manager role is determined through the interview process and is commensurate with experience.
REQUIRED KNOWLEDGE, SKILLS, AND EXPERIENCE
COMPETENCIES AND BEHAVIORS THAT SUPPORT SUCCESS IN ROLE
Watch the video below for additional insight into life as an Analyst at Milliman!
Application: Candidates who upload a resume and cover letter will be given first consideration.
Salary: The salary for this position is commensurate with experience, exams passed, and skills. Analysts participate in a bonus program that provides compensation based on exceeding predefined billable work hours.
Location: This position is for the Chicago-Milwaukee (combined) Health Practice. Employees have the option to work out of the Chicago or Milwaukee office. All aspects of this position are identical between both locations (types of projects, organizational structure, exam program, bonus program, etc.). Our office locations work together as one team with the only difference being physical location.
Sponsorship: Applicants must be presently authorized to work in the United States on a full-time basis. The Chicago-Milwaukee Health Practice does not sponsor individuals for the purpose of obtaining or maintaining H-1B, O-1, TN, or other nonimmigrant work authorizing status for this position.Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)