Consulting Actuary, Medicare Medical Economics
Job Description
Job Description
Consulting Actuary, Medicare Medical Economics (Contract)Pay Rate: 70-78 per hour100% Remote - in listed states6 month contract through Randstad
Position Overview
We are seeking an experienced Consulting Actuary to join our team on a contract basis. In this highly visible role, you will support the Medicare Advantage Medical Economics team, partnering closely with Finance and Health Plan leadership to drive market-level decision-making.
You will be responsible for independently developing medical economics analyses and providing the consultative depth necessary to ensure leadership has a clear, credible understanding of medical cost performance, emerging risks, and future outlooks. This role requires a blend of technical mastery, professional judgment, and the ability to translate complex cost dynamics into actionable strategy.
Hiring Requirements
- Education: Bachelor’s degree required (Advanced degree preferred).
- Credentials: Associate of the Society of Actuaries (ASA) and Member of the American Academy of Actuaries (MAAA) are required. Fellowship (FSA) is preferred.
- Experience: Minimum of 7+ years of relevant actuarial or medical economics experience.
- Industry Knowledge: Significant exposure to Medicare Advantage or closely related lines of business.
- Note: In lieu of ASA, alternate actuarial credentials may be considered for candidates with exceptional experience.
shift: First
work hours: 8 AM - 5 PM
education: Bachelors
Responsibilities
- Analyze & Synthesize: Produce high-level analytic output regarding medical cost, utilization, mix, and unit cost dynamics to identify emerging risks within the Medicare market.
- Strategic Translation: Distill complex data into clear recommendations and decision-relevant insights for executive leadership.
- Trend Mitigation: Proactively identify, size, and frame cost management opportunities using rigorous, transparent, and defensible analytics.
- Narrative Building: Integrate insights across medical economics domains into a cohesive, market-specific narrative to support financial planning.
- Consultative Support: Act as a subject matter expert for Finance and Medical Economics stakeholders, helping shape the interpretation and application of analytic results.
- Assumption Defense: Support the development and defense of market-specific trend and cost assumptions used in pricing and forecasting.
- ASA Credential (1 year of experience is required)
- Actuarial Economics (7 years of experience is required)
- Medicare/Medicaid (2 years of experience is required)
- Years of experience: 7 years
- Experience level: Director
Qualifications
Randstad is a world leader in matching great people with great companies. Our experienced agents will listen carefully to your employment needs and then work diligently to match your skills and qualifications to the right job and company. Whether you're looking for temporary, temporary-to-permanent or permanent opportunities, no one works harder for you than Randstad.
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status. At Randstad, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact [email protected]. Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility). This posting is open for thirty (30) days. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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