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Deloitte

Audits companies and advises on tax and technology

Medicaid Actuarial Senior Consultant

Full-Time
$137.7k - $229.5k/yr+ Annual incentive
Senior
Bachelor's
Chicago, IL, USA
In PersonTravel up to 20–50% on average may be required.
Consulting
No H1B Sponsorship

About the job

Requirements
  • At least 5 years of health actuarial experience and consulting and/or health plan or insurance company experience.
  • At least 2 years of experience with Medicaid managed care capitation rate development and/or fee-for-service rate development.
  • Exam progress toward Associate of the Society of Actuaries or Fellow of the Society of Actuaries designation.
  • A Bachelor's Degree.
  • Legal authorization to work in the United States without current or future employer sponsorship.
  • Ability to travel up to 20–50% on average, based on client and sector needs.
  • Ability to work independently and collaborate as part of a team.
  • Effective written and verbal communication skills.
  • Meticulous attention to detail and quality of work product.
  • Ability to build and sustain professional relationships.
  • Ability to lead projects or workstreams.
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment.
  • Strong interpersonal skills and professional demeanor.
  • Ability to meet deadlines.
  • Ability to mentor and provide clear guidance to others.
Responsibilities
  • Provide strategic and technical consulting services to public sector clients.
  • Support engagements focused on Medicaid reimbursement, including actuarial rate development across managed care and fee-for-service, Medicaid policy, budget forecasting and fiscal analyses, and risk adjustment.
  • Support business development efforts for federal and state governments, employer groups, and other public entities.
  • Develop innovative actuarial solutions, including artificial-intelligence-driven solutions, frameworks incorporating social drivers of health, and transitions of payment models to value-based payment frameworks.
  • Address complex, ill-defined problems with strong technical and innovative approaches.
  • Apply business-oriented strategies to enhance client outcomes and solutions.
  • Collaborate with cross-functional teams to deliver comprehensive actuarial services.
  • Engage in continuous learning and adaptation to emerging health care trends and technologies.
Desired Qualifications
  • Associate of the Society of Actuaries with progression to Fellow of the Society of Actuaries, Fellow of the Society of Actuaries, or career Associate of the Society of Actuaries designation.
  • Experience providing Medicaid consulting services to government agencies.
  • Experience with Medicaid waivers, including 1115, 1915(b/c), and 1332 waivers.
  • Experience with risk adjustment mechanisms.
  • Experience with provider reimbursement streams, including Disproportionate Share Hospital and Upper Payment Limit programs.
  • Experience with health care reform and working knowledge of individual medical and small group markets.
  • Experience with Medicare products, including Medicare Advantage or Medicare Supplement products for various enrollee types.
  • Experience with reimbursement models, including value-based care and Accountable Care Organization modeling.
  • Knowledge of group insurance products, including disability and long-term care insurance.

About the company

Deloitte audits companies and advises businesses and governments on tax, technology, and risk, and it is one of the Big Four, the world's four largest accounting firms. In 1849 its founder became the first independent auditor of a public company, Britain's Great Western Railway. Its auditors check companies' financial reports for errors and fraud before investors rely on them, while its consultants design strategy, install business software, and defend clients against cyberattacks. Clients pay fees for each audit or project, and each country's Deloitte firm is a separate business owned by its local partners. Deloitte was founded in London in 1845 and is based in New York.

Company Size

10,001+

Company Stage

Late Stage VC

Total Funding

$17.1M

Headquarters

Madrid, Spain

Founded

1845

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Simplify's Take

What believers are saying

  • Growth keeps hiring going: revenue rose 5.7% to $74.5 billion and staff neared 500,000 in the year to May 2026.
  • AI is part of the job: in October 2025, Deloitte opened the Claude assistant to 470,000 people, Anthropic's largest rollout.
  • Making partner pays off: Deloitte UK's 784 equity partners averaged £1.125 million in profit in the year to May 2026.

What critics are saying

  • Tech consulting is lagging: it grew 2.5% in the year to May 2026, the slowest of Deloitte's four businesses.
  • Back-office benefits are shrinking: Deloitte US will halve parental leave to 8 weeks for internal staff in January 2027.
  • Federal work brings scrutiny: Deloitte agreed to pay $21.5 million in August 2026 over claims diversity targets swayed promotions.

What makes Deloitte unique

  • Deloitte is the biggest Big Four accounting firm: fiscal 2025 revenue of $70.5 billion beat PwC's $56.9 billion.
  • Consulting runs deeper here: Deloitte kept its consultants in 2003 after PwC, EY, and KPMG sold or spun off theirs.
  • Deloitte leads cyber consulting: it took 32% of worldwide security consulting revenue in 2025, research firm Gartner says.

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Benefits

Professional Development Budget

Hybrid Work Options

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