Milliman
Milliman

60 Milliman Actuarial Manager Jobs Hiring Near You

Actuarial Analyst

Tampa, FL · On-site

$67K - $136K/yr

... risk management and regulatory compliance, data analytics, and business transformation. Milliman ... Through a team of professionals ranging from actuaries to clinicians, technology specialists to ...

Actuarial Analyst

Tampa, FL · On-site

$67K - $136K/yr

... risk management and regulatory compliance, data analytics, and business transformation. Milliman ... Through a team of professionals ranging from actuaries to clinicians, technology specialists to ...

... risk management and regulatory compliance, data analytics and business transformation. Milliman ... What You Will Do As an Actuarial Intern, you will provide support and assistance to our actuarial ...

... risk management and regulatory compliance, data analytics and business transformation. Milliman ... What You Will Do As an Actuarial Intern, you will provide support and assistance to our actuarial ...

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Milliman Jobs Information

What is it like to work at Milliman?

Milliman is a professional services firm that values collaboration, innovation, and expertise, fostering a culture of mutual respect and open communication among its employees. The company's team structure is often organized around client relationships, with employees working in close-knit teams to deliver actuarial, consulting, and other services to clients across various industries. Working at Milliman may appeal to candidates who are passionate about making a meaningful impact in the fields of risk management, healthcare, and finance, and who value the opportunity to work with a global network of experienced professionals.

What makes Milliman an attractive place to work?

Milliman is a leading global actuarial consulting firm, renowned for its expertise in risk management, health, and retirement solutions. The company fosters a collaborative and innovative work environment, offering employees opportunities to work on complex projects, develop new skills, and contribute to the growth of the organization. By joining Milliman, professionals can expect to be part of a dynamic team that values expertise, creativity, and teamwork, with opportunities to make a meaningful impact in the industry and advance their careers.

Do workers at Milliman get paid breaks?

Yes. Most people get paid breaks.
80% of people say they get paid breaks.
Based on data from 5 people who took the Breakroom Quiz between December 2024 and August 2026.

Does Milliman pay people when they’re sick?

Yes. Most people get paid when they’re sick.
67% of people say they would get paid if they were sick but scheduled to work.
Based on data from 6 people who took the Breakroom Quiz between December 2024 and August 2026.

Is the health insurance from Milliman affordable enough for their workers?

Most people say the health insurance costs are okay.
100% of people say the health insurance costs are okay
Based on data from 5 people who took the Breakroom Quiz between March 2025 and August 2026.

How easy is it to get time off at Milliman?

Most people find it easy to get time off.
100% of people report it’s easy to get time off.
Based on data from 5 people who took the Breakroom Quiz between December 2024 and August 2026.

How easy is it to take sick days at Milliman?

Most people find it easy to take sick days.
83% of people report that it’s easy to take time off if they are sick.
Based on data from 6 people who took the Breakroom Quiz between December 2024 and August 2026.

Do people at Milliman feel treated with respect by their managers?

Most people feel treated with respect by their managers.
100% of people say they’re treated with respect by their managers.
Based on data from 5 people who took the Breakroom Quiz between December 2024 and August 2026.

Do people at Milliman get to take their breaks without interruption?

Only some people get breaks without interruption.
67% of people report that their breaks get interrupted.
Based on data from 6 people who took the Breakroom Quiz between December 2024 and August 2026.

Is it stressful to work at Milliman?

Most people feel stressed here.
83% of people say they often feel stressed at work.
Based on data from 6 people who took the Breakroom Quiz between December 2024 and August 2026.

Do people at Milliman enjoy their jobs?

Most people enjoy their job.
80% of people report they enjoy their job.
Based on data from 5 people who took the Breakroom Quiz between December 2024 and August 2026.

Do people at Milliman recommend working with their team?

Only some people recommend working with their team.
43% of people report that they wouldn’t recommend working with their immediate team to a friend.
Based on data from 7 people who took the Breakroom Quiz between December 2024 and August 2026.

Do people get enough training when they start at Milliman?

Some people didn’t get enough training when they started.
67% of people report they didn’t get enough training when they started working here.
Based on data from 6 people who took the Breakroom Quiz between December 2024 and August 2026.

Do people get support to advance at Milliman?

Most people are given support to advance their career here.
In the last year, 67% of people report being given support to advance their career here.
Based on data from 6 people who took the Breakroom Quiz between December 2024 and August 2026.

Do workers feel well informed about how Milliman is doing?

Most people feel well informed about how the company is doing.
83% of people feel that they are kept well informed about how the company is doing as a whole.
Based on data from 6 people who took the Breakroom Quiz between December 2024 and August 2026.

What other companies are hiring for Actuarial Manager jobs?

Infographic showing various Actuarial Manager job openings at Milliman in the United States as of September 2026, with employment types broken down into 98% Full Time, and 2% Part Time. Highlights an 79% Physical, 1% Hybrid, and 20% Remote job distribution.

Actuarial Manager (FSA) - Medicare / Provider VBP (CMH Health)

Chicago, IL • On-site

Milliman
Business Management Consulting • 1 - 5K employees

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 5 days ago


Milliman rating

8.5

Company rating: 8.5 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

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.
Milliman's CMH Health Practice is seeking a credentialed Actuarial Manager with strong Medicare experience who will serve in a client-facing role, manage junior staff, and help us capitalize on major growth opportunities in provider value-based payment (VBP) consulting. This role sits within our rapidly growing Provider VBP Enablement vertical, advising health systems, physician groups, and Accountable Care Organizations (ACOs) on Medicare shared savings, risk adjustment, total cost of care benchmarking, and related financial strategy. Actuarial Managers work in a wide variety of areas within the healthcare industry while working alongside some of the leading experts in the field.
Who We Are
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.
Job Responsibilities
  • Serve as credible client-facing actuary on complex Medicare advisory work, including provider VBP, ACO strategy, and Medicare Advantage engagements
  • Advise health systems, physician groups, and ACOs on Medicare Shared Savings Program (MSSP) performance, total cost of care (TCOC) benchmarking, and risk adjustment
  • Support emerging ACO program opportunities, including the CMS LEAD (Long Term Enhanced ACO Design) model and other CMMI innovation programs
  • Manage and direct professional and senior professional staff on client engagements
  • Lead workstreams independently, freeing senior team members to focus on business development and strategic oversight
  • Provide quality review and mentoring to junior staff
  • Perform data analysis using Excel, SAS, Python, SQL, and proprietary Milliman programs to assist with consulting for various health insurance work areas (Medicare, Commercial / ACA, Medicaid, Long Term Care, Pharmacy, Provider, and more)
  • Support financial modeling for ACO performance evaluation, risk adjustment strategy, and shared savings projections
  • Responsible for reviewing the work of others and assisting with research and product development
  • Responsible for training and coaching professional staff
  • Responsible for several projects simultaneously, providing insight into the technical direction of each project, verifying the initial reasonableness of the solution, and creating client communications for review by Consultants

Minimum requirements
  • Bachelor's or Master's degree in a quantitative field (Bachelor's degree is required)
  • 7+ years of full-time actuarial experience, primarily working with Medicare programs (Medicare experience is required - either Medicare Advantage (MA) or Accountable Care Organization (ACO) work)
  • FSA designation with the Society of Actuaries (SOA)
  • Strong analytical and communication skills with the ability to interact directly with clients
  • Demonstrated ability to manage and mentor junior staff
  • Thorough understanding of Microsoft Excel and actuarial concepts

Competencies and Behaviors that Support Success in this Role
  • Openness and enthusiasm for using AI and large language model (LLM) tools to enhance productivity and consulting workflows
  • Intellectual curiosity and a motivation to learn new domains, methods, and technologies
  • Experience working with Python, SQL, SAS, VBA, or other coding/data analytics languages
  • Experience mentoring staff and managing projects
  • Strong communication skills (both verbal and written)
  • Ability to help identify client issues and resources needed to solve problems
  • Analytical thinking skills to evaluate analyses for communication to clients
  • Ability to help plan and organize work for projects
  • Identify project deliverables, meet deadlines, and ensure compliance with quality procedures
  • Strong time management skills
  • Ability to work independently and within a team
  • Client focused and results oriented
  • Organizational expertise and flexibility
  • Ambition and excitement for professional development within the actuarial field

The Team
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.
Location
It is preferred that candidates work on-site at our Chicago, IL, Milwaukee, WI, or Hartford, CT office. Remote candidates will be considered. The expected application deadline for this job is February 14, 2027.
Compensation
The overall range for this role is $103,500 - $214,820. For candidates residing in:
  • Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the range is $119,025 - $214,820.
  • All other locations the range is $103,500 - $186,800

A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.
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, and employees working less than full-time accrue PTO on a prorated basis.
  • Holidays - A minimum of 10 observed holidays per year.
  • Family Building Benefits - Includes adoption and fertility assistance.
  • Paid Parental Leave - Up to 11 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.

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.
#LI-CS1 | #LI-Hybrid | #LI-REMOTE
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.

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About Milliman

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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.

Industry

Business management consulting and fitness and sports centers

Company size

1,001 - 5,000 Employees

Headquarters location

Seattle, WA, US