Consulting Actuary (Chicago-Milwaukee Health)
Brookfield, WI  / Chicago, IL 
Posted Today
Job Description

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.


Consultants work to develop a successful client base through networking, writing articles, speaking engagements, and other marketing methods. They help to identify the issues clients are facing and the resources needed to solve problems. Consultants help plan projects, identify project deliverables, meet deadlines, and ensure compliance with quality procedures. They are responsible for presenting the results to the client and answering their questions.

Within a project team, consultants, managers, and analysts 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 analysts by reviewing work, answering questions, and developing client correspondence. Analysts 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.



  • Bachelor's or Master's degree in a quantitative field

  • Fellow in the Society of Actuaries (FSA)

  • 7+ years in health actuarial experience at a consulting firm or health insurance company is required

  • Thorough understanding of Microsoft Excel and actuarial concepts

  • Experience mentoring staff and managing projects

  • Strong communication skills (both verbal and written), and analytical thinking skills to evaluate analyses for communication to clients

  • Self-motivated, creative, and resourceful


  • Experience with Medicare Advantage programs, Medicaid programs, commercial individual/group insurance, pharmacy benefits, long term care, or provider risk-taking programs strongly preferred
  • Strong time management skills, ability to work independently and with a team, client focused and results oriented, and organizational expertise are also strongly preferred

The salary for this position is commensurate with experience.

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.Our office is following local guidelines for COVID-19, which may require remote work for a period of time.


Bachelors (required)

Licenses & Certifications
FSA (preferred)

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The 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)

Milliman is an equal opportunity employer

Our company, with the full support of our Chief Executive Officer, is fully committed to the maximum utilization of all human resources and the goals of Equal Employment Opportunity and Affirmative Action. We recruit, hire, train, and promote, and consider qualified applicants for employment, in all job titles without regard to age, ancestry, citizenship status, color, creed, familial status, genetic information, marital status, national origin, political ideology, race, religion, sex, sexual orientation, gender identity, status as an individual with a disability, or veteran status, including qualified disabled veterans, Armed Forces service medal veterans, recently separated veterans, and active duty wartime or campaign badge veterans; and shall not discriminate against any individual, or any other characteristic protected by law.

Reasonable Accommodation Notice

Federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job or to perform your job. Examples of reasonable accommodation include making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.


Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
7+ years
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