Healthcare Data Analyst (CMH Health)

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

Milliman’s CMH Health Practice is looking for Healthcare Data Analysts to join their vibrant, dynamic, and growing practice. Healthcare Data Analysts (referred to as Professional Staff) will have the opportunity to work in a wide variety of areas within the healthcare industry, while working alongside some of the leading experts in the field.

Who We Are

Independent for 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 and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Job Responsibilities

• Perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting for various health insurance work areas
• Participate in consulting activities to include pricing, reserving, financial projections, and mergers and acquisitions
• Provide medical and pharmacy benefit design strategy support for insurance carriers, state health exchanges, and employers
• Responsible for 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 deliver client reports and deliverables
• Responsible for the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing, and utilizing actuarial models, and implementing software solutions

Minimum requirements

• Bachelor’s or master’s degree in a quantitative field
• Past internship or work experience with an actuarial firm doing data analysis is preferred, including with Milliman
• Thorough understanding of Microsoft Excel and analytical 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)

Healthcare Data 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

• Experience working with SAS, VBA, or other coding languages is advantageous
• Experience with Medicare Advantage programs, Medicaid programs, commercial individual/group insurance, employer health benefits, pharmacy, or provider risk-taking programs strongly preferred
• Passion for healthcare and related areas
• Strong communication skills (both verbal and written)
• Analytical thinking skills to evaluate analyses for downstream impact
• Can complete project deliverables, meet deadlines, and ensure compliance with quality procedures
• Strong time management skills
• Ability to work independently and in a team environment
• Client focused and results oriented
• Demonstrates integrity in all functions of work

The Team

Milliman is one of the leading experts in healthcare financing and delivery. We advise clients on a wide range of issues—from assessing the impact of healthcare reform on organizations or populations to streamlining operations while advancing the quality of patient care. Our consulting work is supported by a powerful toolkit of data analytics solutions and informed by the most trusted, comprehensive set of cost guidelines in the industry.

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.

Location

Candidates must be able to work onsite at least 60% of the time at any one of our three CMH Health office locations (Chicago, IL, Milwaukee, WI, or Hartford, CT). The expected application deadline for this job is January 17, 2027.

Compensation

The overall range for this role is $49,900 - $88,895. For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the range is $57,385 - $88,895.
• All other locations the range is $49,900 - $77,300.

A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.

Benefits to working onsite

At CMH Health we value the growth and development of our Analysts. Working on-site during your first 18 months provides you with many benefits, including mentorship from experienced actuaries, hands on training and development, face-to-face collaboration, communication, and engagement with your team and supervisor, along with experiencing our practice culture. These experiences will provide you with a great start in your career with Milliman.

Benefits

We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being. Benefits include:

• Medical, Dental and Vision – Coverage for employees, dependents, and domestic partners.
• Employee Assistance Program (EAP) – Confidential support for personal and work-related challenges.
• 401(k) Plan – Includes a company matching program and profit-sharing contributions.
• Discretionary Bonus Program – Recognizing employee contributions.
• Flexible Spending Accounts (FSA) – Pre-tax savings for dependent care, transportation, and eligible medical expenses.
• Paid Time Off (PTO) – Begins accruing on the first day of work. Full-time employees accrue 15 days per year, and employees working less than full-time accrue PTO on a prorated basis.
• Holidays – A minimum of 10 observed holidays per year.
• Family Building Benefits – Includes adoption and fertility assistance.
• Paid Parental Leave – Up to 11 weeks of paid leave for employees who meet eligibility criteria.
• Life Insurance & AD&D – 100% of premiums covered by Milliman.
• Short-Term and Long-Term Disability – Fully paid by Milliman.

Equal Opportunity

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

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