Healthcare Data Analyst (Medicaid Finance & Policy)
Milliman Chicago, Illinois, United States · $59K–$109K/yr
Software Development · 201-500 employees
About the role
The analyst will design and develop data models to support Medicaid reimbursement methodology and provider payment transformation. They will also conduct policy research, draft technical documentation, and summarize findings for client reports and presentations.
What they look for
Requirements
Candidates must have a bachelor's degree and at least two years of experience analyzing large healthcare datasets. Proficiency in SAS, SQL, or Python and advanced Excel skills are required for this role.
Benefits
Full description
Milliman’s Medicaid Finance and Policy Practice is seeking individuals to assist in providing analytical support for healthcare-related provider payment transformation engagements. Typical projects will include reimbursement methodology design, rate setting, and program funding strategies for all types of provider services, including hospital, physician and other practitioner, nursing facility, behavioral health, and home and community-based services. Related experience in healthcare is required.
Who We Are
Milliman’s Medicaid Finance and Policy Practice serves state Medicaid agencies and a wide variety of organizations significantly impacted by Medicaid reimbursement and funding, including hospital associations and safety net hospital systems. The practice is affiliated with the broader Milliman Medicaid Consulting Group consisting of 600+ professionals, including actuaries, healthcare consultants, attorneys, and statisticians.
Responsibilities
- Analyzing healthcare data, including:
- Claims datasets including services such as hospital, physician, and other medical services
- Service-related trend data
- Provider cost data
- Other publicly available data from sources such as the Bureau of Labor Statistics (BLS)
- Designing, developing, and using data models.
- Reviewing, evaluating, and summarizing data model output.
- Assisting with Medicaid policy research and analysis.
- Drafting technical documentation of work performed and related client reports and PowerPoint presentations.
- Reviewing the work of others to support Milliman’s quality control processes.
Qualifications
- Bachelor’s Degree or higher.
- Minimum of 2 years of experience analyzing large data sets.
- Experience using database management and statistical programming tools, including SAS, SQL, or Python:
- Ability to write or learn SAS code without point-and-click user interfaces is required
- Experience with Python and Databricks is preferred.
- Interest and aptitude for performing detail-oriented analytical work.
- Ability to effectively communicate technical information and concepts, both verbally and in writing.
- Ability to conduct and summarize research.
- Ability to use advanced Excel skills to perform data analysis is required. (Note that data visualization, such as creating PivotTables, is not a significant part of this role.) This may include the use of formulas or tools such as:
- Sumifs
- Index/match combinations
- Nested if statements
- Macro use and development (up to full VBA coding)
- Experience in a healthcare-related field, specifically analyzing Medicaid claims, is required.
- Experience providing consulting services to state Medicaid or other health and human services agencies, or other types of public or private healthcare-related entities, is a plus.
- Strong problem-solving skills, including the ability to troubleshoot code, identify root causes, and resolve issues independently, is required.
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.
Location
This position is remote, although being located in Seattle or Chicago is a plus. The job posting is anticipated to close on September 14, 2026.
Compensation
The overall salary range for this role is $59,200 - $109,020. For candidates residing in:
- Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is: $68,080 - $109,020.
- All other locations the salary range is $59,200 - $94,800.
A combination of factors will be considered, including but not limited to: education, relevant work experience, qualifications, skills, certifications, etc.
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.
Who We Are
Independent for over 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.
Milliman invests in skills training and career development, and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG’s) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site (https://www.milliman.com/en/social-impact) to learn more about Milliman’s commitments to our people, inclusion, and sustainability.
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.
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.
No recruiters please.
#LI-REMOTE
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