M
Not Specified Permanent

Lakewood, Colorado · USA job

Healthcare Associate Actuary - Provider & Value-Based Care (ASA)

Milliman

Lakewood, Colorado

Job description

Overview

In this role you will model provider performance and risk under value-based programs for health systems and physician groups. You will translate complex analyses into decision-ready guidance for CFOs and leadership, collaborating with a cross-functional team. You'll work on MSSP, ACO REACH, LEAD, and other risk-sharing arrangements to quantify savings, risk, and network performance. This role offers hands-on training, autonomy, and growth toward client relationships and business development within a mission-driven consulting practice.

Compensation / Benefits
  • Medical, Dental and Vision for employees and dependents
  • 401(k) with matching and profit-sharing
  • Discretionary bonus program
  • Paid Time Off (PTO)
  • Holidays
  • Paid parental leave
Responsibilities
  • Model provider performance under MSSP, ACO REACH, and LEAD, including benchmark projections, attribution, risk score dynamics, and scenario testing across risk tracks
  • Evaluate value-based contracts from the provider side (shared savings, downside risk, global and primary care capitation, episode and bundled payments) and how risk/reward flows downstream
  • Model reimbursement and support rate negotiations with payers
  • Analyze claims, enrollment, and CMS data to address utilization, cost drivers, risk adjustment, and network performance
  • Lead projects with scoping, budgeting, delegation, timelines, and client communication
  • Draft client-facing materials (emails, memos, decks, reports) for CFOs and medical leadership; assist in proposal writing
  • Support other client types and projects within the practice; future path toward client relationships and business development
Key requirements
  • Bachelor's degree in actuarial science, math, statistics, economics, or similar quantitative field
  • ASA designation, working towards FSA
  • Five to eight years in healthcare actuarial work
  • Hands-on knowledge of at least one CMS/CMMI program (MSSP, ACO REACH, Primary Care First, bundled payments)
  • Experience building benchmarks for CMS/CMMI programs and/or other risk-based arrangements
  • Experience with attribution methodologies
  • Familiarity with provider reimbursement (fee schedules, capitation, case rates, episode payments)
  • Excel expertise
  • Experience managing projects (scoping, budgeting, delegation, timelines, client contact)
  • Ability to explain technical work to non-technical audiences
  • Solid understanding of the US healthcare system
  • Experience with detailed healthcare claims data
  • SQL, Python, R, or SAS
  • Proactive
  • Independent work style with ability to anticipate client needs
  • Clear written and verbal communicator
  • Excel
  • SQL
  • Python

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