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Managing Consultant - Actuarial Consulting, Medicaid

Apply Job ID 24222 Date posted 11/11/2024

Job Family:

Finance & Accounting Consulting


Travel Required:

Up to 10%


Clearance Required:

None

What You Will Do:

Managing Consultants are responsible for managing projects from cultivation to completion in a fast-paced environment.  In this role, you will manage the activities of the designated project team and support the day-to-day management of the client relationship.  You are expected to effectively develop and manage project execution and planning, staffing, deadlines and budgets and are expected to manage multiple projects simultaneously.  Work products are expected to be high-quality and client-ready. 

In this visible role, you will lead team meetings and guide, manage, and coach Consultants and Senior Consultants, providing constructive feedback on their project participation and overall career development.  Managing Consultants work closely with Associate Directors, Directors, and Partners to keep them abreast of project progress and important developments as well as to integrate guidance and engagement recommendations.  Managing Consultants take part in sales initiatives and Practice Development.

Over 23% of the US population receive healthcare through Medicaid, and our team supports that important work by focusing on the long-term financial viability of our clients’ programs. Our work helps our clients make informed decisions that directly support the Triple Aim of healthcare, ensuring Medicaid beneficiaries can receive high quality care wherever they live, while minimizing state expenses.

As an actuarial consultant focusing on Medicaid programs, you will ensure quality deliverables are created and validated in the following areas:

  • Capitation rate development,
  • Valuation of Incurred But Not Reported (IBNR) Estimates,
  • Risk adjustment calculations of premium,
  • Analysis of MLR and other financial reports,
  • Development of budget projections,
  • Creating data dashboarding to analyze emerging trends,
  • Providing support to State Medicaid programs with legislative requests, and
  • Other actuarial modeling as needed

Guidehouse encourages career development and hiring for the long term.  Managing Consultants follow a clearly defined career path.  As Managing Consultants excel in their project management skills, ability to manage multiple work streams, professional expertise, and client and business development skills, they progress to the position of Associate Director. 


What You Will Need:

  • Completion of at least four actuarial exams, with intent and ability to progress to ASA or FSA.
  • Bachelor’s degree or higher in Actuarial Science, Economics, Finance, Insurance, Mathematics, Risk Management, Statistics, or similar.
  • At least have 5 years of work experience including the following:
  • Analysis and summarization of data using spreadsheets
  • Knowledge of actuarial and statistical modeling techniques
  • Proven ability to handle multiple projects and tasks
  • Proficiency in Microsoft Office Suite (especially Excel and PowerPoint)
  • Occasional ability to travel.


What Would Be Nice To Have:

  • Problem-solving abilities, critical thinking skills, and the ability to model from a blank sheet of paper rather than models previously developed
  • Strong written and verbal communication skills
  • Knowledge of risk adjustment methodologies
  • Intellectual curiosity and ability to draw complex conclusions from data
  • ASA or FSA designation

The annual salary range for this position is $109,100.00-$163,700.00. Compensation decisions depend on a wide range of factors, including but not limited to skill sets, experience and training, security clearances, licensure and certifications, and other business and organizational needs.


What We Offer:

Guidehouse offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace.

Benefits include:

  • Medical, Rx, Dental & Vision Insurance

  • Personal and Family Sick Time & Company Paid Holidays

  • Position may be eligible for a discretionary variable incentive bonus

  • Parental Leave and Adoption Assistance

  • 401(k) Retirement Plan

  • Basic Life & Supplemental Life

  • Health Savings Account, Dental/Vision & Dependent Care Flexible Spending Accounts

  • Short-Term & Long-Term Disability

  • Student Loan PayDown

  • Tuition Reimbursement, Personal Development & Learning Opportunities

  • Skills Development & Certifications

  • Employee Referral Program

  • Corporate Sponsored Events & Community Outreach

  • Emergency Back-Up Childcare Program

  • Mobility Stipend

About Guidehouse
Guidehouse is an Equal Employment Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, ancestry, citizenship status, military status, protected veteran status, religion, creed, physical or mental disability, medical condition, marital status, sex, sexual orientation, gender, gender identity or expression, age, genetic information, or any other basis protected by law, ordinance, or regulation.


Guidehouse will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable law or ordinance including the Fair Chance Ordinance of Los Angeles and San Francisco.


If you have visited our website for information about employment opportunities, or to apply for a position, and you require an accommodation, please contact Guidehouse Recruiting at 1-571-633-1711 or via email at RecruitingAccommodation@guidehouse.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodation.


Guidehouse does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Guidehouse and Guidehouse will not be obligated to pay a placement fee.

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