Senior Actuarial Manager (ASA) - CMH Health

This position is listed on behalf of a partner company, which manages all applications and next steps. Our partner is looking for a Senior Actuarial Manager (ASA) – CMH Health based in the United States. Take the next step in your actuarial career by joining a collaborative healthcare consulting environment focused on solving complex challenges in healthcare financing, risk management, and insurance. In this senior leadership role, you will oversee diverse actuarial projects spanning Medicaid, Medicare, commercial health insurance, long-term care, pharmacy, and provider services. You will combine advanced analytical expertise with strategic consulting to support pricing, financial projections, reserving, and mergers and acquisitions. Working alongside experienced professionals, you will guide technical project delivery, strengthen client relationships, and translate complex data into actionable business insights. You will also mentor and develop actuarial talent while contributing to research, innovation, and the continuous improvement of analytical solutions. This opportunity offers a meaningful balance of technical leadership, client impact, and professional growth within a multidisciplinary team.

Perform complex data analysis using Microsoft Excel, SAS, and specialized actuarial tools to support healthcare consulting engagements across Medicaid, Medicare, commercial and ACA markets, long-term care, pharmacy, provider services, and other related areas. Deliver actuarial consulting services in pricing, reserving, financial projections, and mergers and acquisitions, helping clients make informed financial and strategic decisions. Lead the technical execution of multiple projects simultaneously, establishing analytical direction, assessing the reasonableness of proposed solutions, and ensuring that deliverables meet client expectations. Delegate analytical and technical assignments to actuarial and professional staff, providing guidance, reviewing outputs, and ensuring the accuracy, quality, and consistency of project work. Coordinate project planning and execution, including data collection, progress updates, identification of resource requirements, and preparation of client communications for review by senior consultants. Review actuarial analyses and research findings, contribute to product development initiatives, and identify opportunities to improve methodologies, tools, and consulting solutions. Mentor, train, and develop professional staff by sharing technical knowledge, providing constructive feedback, and supporting their ongoing professional development. Communicate analytical results and technical concepts clearly to clients and internal stakeholders, helping identify business challenges and formulate practical, data-driven solutions. Manage project timelines, deliverables, and competing priorities while maintaining compliance with established quality standards and procedures. Continue progressing toward the Fellow of the Society of Actuaries (FSA) designation through ongoing actuarial examinations and professional development. Requirements: Bachelor's or master's degree in a quantitative discipline, such as actuarial science, mathematics, statistics, economics, or a related field. Associate of the Society of Actuaries (ASA) designation. At least 10 years of full-time actuarial experience, with a strong understanding of actuarial methodologies, healthcare financing, and insurance concepts. Advanced proficiency in Microsoft Excel and the ability to apply actuarial principles to complex datasets, financial analyses, and client-specific business problems. Experience with SAS, VBA, or other programming and analytical languages is an advantage. Demonstrated experience managing projects, coordinating technical work, reviewing analytical deliverables, and guiding the contributions of professional staff. Strong written and verbal communication skills, including the ability to explain complex actuarial findings and recommendations to technical and nontechnical audiences. Excellent analytical and critical-thinking abilities, with sound judgment in evaluating assumptions, validating results, identifying potential issues, and developing appropriate solutions. Strong organizational and time-management skills, with the ability to plan project activities, allocate resources, manage competing deadlines, and maintain high-quality standards. Proven ability to work independently and collaboratively, maintain a client-focused approach, and deliver results in a dynamic consulting environment. A proactive mindset, adaptability, and a strong commitment to continued learning, professional development, and advancement toward the FSA designation. Work authorization: Candidates must be legally authorized to work in the United States without requiring current or future employer-sponsored immigration support. Benefits: Competitive salary: Annual compensation ranges from $100,400 to $208,380, depending on qualifications, experience, and other relevant factors. Location-based compensation: For candidates residing in Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Newark, San Jose, San Francisco, Pennsylvania, Virginia, Washington, or the District of Columbia, the salary range is $115,460 to $208,380. In all other states, the range is $100,400 to $181,200. Comprehensive healthcare coverage: Medical, dental, and vision insurance for employees, eligible dependents, and domestic partners. Retirement benefits: A 401(k) plan with employer matching and profit-sharing contributions. Performance incentives: Discretionary bonus program recognizing employee contributions. Paid time off: PTO accrual begins on the first day of employment. Full-time employees accrue 15 days annually, with prorated accrual for eligible part-time employees. Paid holidays: At least 10 observed holidays per year. Family support: Family-building benefits, including adoption and fertility assistance, along with up to 11 weeks of paid parental leave for eligible employees. Financial protection: Employer-paid life insurance and accidental death and dismemberment (AD&D) coverage, as well as fully employer-paid short-term and long-term disability insurance. Flexible spending accounts: Pre-tax savings options for eligible medical expenses, dependent care, and transportation. Employee well-being: Access to a confidential Employee Assistance Program (EAP) for personal and work-related challenges. Flexible work arrangements: Hybrid work opportunities, with a preference for on-site work in Chicago, Illinois; Milwaukee, Wisconsin; or Hartford, Connecticut. Remote candidates may also be considered. Career development: Opportunities to collaborate with experienced actuarial professionals, mentor colleagues, expand technical expertise, and continue progressing toward the FSA designation.