Associate Actuary ACAS - Western Region PC

Who We Are

Independent for over 75 years Milliman delivers marketleading services and solutions to clients worldwide. Today we are helping companies take on some of the worlds 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 (ERGs) are employeeled 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 to learn more about Millimans commitments to our people diversity and inclusion social impact and sustainability.

Millimans Western Region Property and Casualty (WRPC) Practice provides a wide variety of actuarial consulting services including reserve projections feasibility studies retention analyses predictive modeling rate development rate indications and state filing support.

What You Will Do

WRPC services a broad array of clients in the property and casualty field focusing primarily on loss reserve and pricing analyses for insurance companies and selfinsured corporations including alternative risk programs such as captive insurance companies. This position provides excellent opportunities for professional development and advancement.

An Associate Actuary will have the opportunity to lead a variety of projects and client work such as pricing filing reserving and predictive modeling. Our ideal hire for this role is someone who enjoys thinking critically to solve a clients business problems; pairs their strong technical skills with creativity; and is adept in independently managing their own workload.

This person will also:

• Contribute to the vision of a given project and design analyses
• Oversee the of projects whether ad hoc or longerterm projects
• Write reports and support client communication
• Interact with clients to acquire and validate data
• Direct train and provide guidance to Actuarial Analysts (e.g. data cleaning checking)
• Check their own and peers work for accuracy in the mechanics as well as the methodology
• Comply with internal quality control risk management and peer review guidelines
• Participate in marketing opportunities including publications and presentations
• Present findings to peers project managers and client relationship managers
• Draft written reports and exhibits and prepare other internal/external correspondence
• Perform or assist with other duties assigned at the direction of Consultants and Principals
  
  

What We Are Looking For

Required Professional Qualifications

• Completed Bachelors degree (at time of application) in economics finance actuarial science or similar major
• Associate of the Casualty Actuarial Society (ACAS) credential attained at time of application
• A minimum of four years of relevant professional experience (which can include internships) in property and casualty pricing as well as reserving
• Demonstrated handson experience in predictive modeling data aggregation and analysis using R Python SQL etc.
• Able to start within 24 weeks of accepted offer

Personal Qualifications

• Quick learner who takes initiative to dive deeper and solve problems
• Able to adjust on the fly to accept new assignments or shift focus and balance multiple concurrent projects
• Big picture thinking to help anticipate client needs
• Superb attention to detail and technical accuracy
• Motivated to work independently and as part of a team
• Proactive in seeking out opportunities to contribute to client work or research projects
• Excellent written and oral communication skills
  
  

Preferred Qualifications

• Experience managing staff and/or projects
• Experience with predictive modeling e.g. generalized linear models claims models underwriting models telematics etc.
• Experience with business intelligence / visualization software e.g. PowerBI Tableau
• Experience writing technical reports that summarize complex topics

Location

This is a remote position. Candidates hired into this role may work onsite in select Milliman office locations if they prefer. Some workrelated travel may be required; such expenses will be reimbursed per Milliman policy. Please note paid relocation assistance is not available for this role.

The expected application deadline for this job is May 15 2025.

Compensation

The salary range is $86000 $203000 depending on a combination of factors including but not limited to education relevant work experience qualifications skills certifications location etc. If overall experience is less than 10 years the range would be $86000 $179000; for experience of greater than 10 years the range would be $97000 $203000.

Benefits

We offer a comprehensive benefits package designed to support employees health financial security and wellbeing. Benefits for fulltime employees include:

• Medical Dental and Vision Coverage for employees dependents and domestic partners.
• Employee Assistance Program (EAP) Confidential support for personal and workrelated challenges.
• 401(k) Plan Includes a company matching program and profitsharing contributions.
• Discretionary Bonus Program Recognizing employee contributions.
• Flexible Spending Accounts (FSA) Pretax savings for dependent care transportation and eligible medical expenses.
• Paid Time Off (PTO) Begins accruing on the first day of work.
  • Fulltime employees accrue 15 days per year.
  • Employees working less than fulltime 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 12 weeks of paid leave for employees who meet eligibility criteria.
• Life Insurance & AD&D 100 of premiums covered by Milliman.
• ShortTerm and LongTerm Disability Fully paid by Milliman.

Equal Opportunity

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

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Required Experience:

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