Hiring: Actuarial Analyst (CMH Health) Company: Milliman Location: Chicago, IL Job Posted Time: 2026-09-10 11:49:23 Employment Type: Full-time / On-site Target Skills & Keywords : Medicaid, Medicare, Microsoft Excel, Regulatory Compliance, Risk Management About the job Experience: •0-4 years of actuarial or related work experience – it is preferred candidates have prior relevant experience through internships, academic projects, or employment •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, healthcare financing, risk management, regulatory compliance, data analytics, and business transformation. •4 years of actuarial or related work experience – it is preferred candidates have prior relevant experience through internships, academic projects, or employment Required Skills: •Perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting for various healthcare segments (Medicare Advantage and Part D, Commercial / ACA, Medicaid, Long Term Care, Pharmacy, Provider, and more) •Participate in consulting activities to include pricing, reserving, financial projections, model development, forecasting, and mergers and acquisitions •Lead and oversee reviewing the work of peers and assisting with research and product development •Coordinate with Consultants, Managers, Professional Staff, and Interns as a project team to present client reports and deliverables •Lead and oversee the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing and utilizing actuarial models, and implementing software solutions •Demonstrated capacity to work independently and in a team environment •Demonstrates integrity in all functions of work •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. Qualifications: •Bachelor’s or master’s degree in actuarial science, mathematics, economics, finance, accounting, or another major with quantitative course work •At least two actuarial exams passed •Thorough understanding of Microsoft Excel and actuarial concepts •Must be able to work onsite at least three days (60% of the time) per week at one of our three CMH Health office locations (Chicago, Illinois, Milwaukee, Wisconsin, or Hartford, Connecticut) •Actuarial Analysts (Professional Staff) working for CMH Health for less than 18 months are required to work in one of our three office locations at least three days (60% of the time) per week. •Competencies and Behaviors that Support Success in this Role •Ambition and excitement for professional development within the actuarial field •Good academic standing (3.2 grade point average or above is preferred) •Previous internship or relevant work experience •Leadership experience and involvement in extra-curricular activities Compensation: •$60,300 - $136,160 / year •Competitive benefits and rewards package •Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners •2years; and $77,740 - $136,160 for experience greater than 2 years •2 years; and $67,600 - $118,400 for experience greater than 2 years Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!