Hiring: Actuarial Manager (FSA) - Medicare / Provider VBP (CMH Health) Company: Milliman Location: Chicago, IL Job Posted Time: 2026-09-10 11:49:24 Employment Type: Full-time / Remote Target Skills & Keywords : LLM, Large Language Model, Medicaid, Medicare, Microsoft Excel, Python, SOA, SQL About the job Experience: •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) Required Skills: •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 Qualifications: •Bachelor's or Master's degree in a quantitative field (Bachelor's degree is required) •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 •Strong communication skills (both verbal and written) •Demonstrated capacity to help identify client issues and resources needed to solve problems Compensation: •$103,500 - $214,820 / year •Competitive benefits and rewards package •Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners 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!