Senior Actuarial Analyst - Atlantic Region P&C (remote or hybrid)
Senior Actuarial Analyst - Atlantic Region P&C (remote or hybrid)
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$ 67600 - 159240
1 Vacancy
Job Description
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: Atlantic Region Property and Casualty (P&C) practice with locations in Boston MA Burlington VT and Atlanta GA provides actuarial consulting services on a range of projects across the insurance reinsurance insurancelinked securities (ILS) and alternativerisk markets. We work with a diverse set of clients including selfinsured corporations commercial insurance companies governmental agencies risk pools and financial investors. Using a variety of Milliman products and practicebuilt tools we look to establish and develop the cutting edge of actuarial practice in each of our professional niches and provide our clients with trusted partnership and advice to advance the financial wellbeing of people everywhere.
The team is a focused and tightknit group working together across multiple locations. Team members work on a range of client projects of various sizes and we employ a highly integrated project structure that encourages interaction across all members of the team from Analysts to the Principals who serve as client leads. While most of our teams time is spent working with members of the practice we also have assignments that are completed in partnership with other Milliman offices around the world.
We believe that the actuarial skillset has important applications across both our traditional actuarial work and our work in developing market areas and are committed to developing a pipeline of actuarial talent and future leaders of the firm through exam support and interaction with senior colleagues.
What You Will Do
On a daytoday basis the Senior Actuarial Analyst will work autonomously and with project team members to execute key analyses for ongoing projects. They will be expected to produce highquality analytical work and on occasion delegate tasks to junior team members. Much of this persons work will involve complex data manipulation and summarization in Excel but supplemental programming statistical and database skills are highly valued and will open up additional opportunities for impactful client assignments and advancement.
Our ideal Senior Actuarial Analyst demonstrates professionalism and strong communication skills in all internal and external interaction with a strong work ethic and intrinsic motivation especially when working remotely. An upandcoming actuary who enjoys the technical aspect of the field as well as presenting results and recommendations will thrive in this role.
Actuaries in this practice are expected to pursue credentials with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations and are provided time and monetary resources to support this pursuit.
What We Are Looking For
Professional Qualifications
- A minimum of three actuarial exams passed at the time of application and in pursuit of an Associate credential from the Casualty Actuarial Society
- A minimum of two years of professional property and casualty actuarial fulltime work experience in pricing and/or reserving for North American and/or European companies
- Completed Bachelors degree or higher at the time of application including quantitative coursework in actuarial science mathematics statistics etc.
- Substantial expertise with MS Excel and Word
Personal Qualifications
- Strong critical thinking technical and analytical skills
- Close attention to detail
- The ability to work collaboratively and organize various client needs in a fastpaced environment
- The ability and willingness to clearly articulate questions and ideas
- Clearly demonstrated leadership and creative thinking abilities
- Intellectual curiosity about the topics of risk Milliman and the work of our practice
- Enthusiasm for producing highquality professional work with accuracy and integrity
- Inspired to contribute to the success of a project and succeed as a team
- Selfstarter with excellent time management skills including collaboration across time zones
Preferred Qualifications
- Four or more passed actuarial exams
- Expertise with statistical and modeling tools such as R @Risk VBA Python SAS STATA etc.
- Working knowledge of supplemental database and professional working tools such as Access and PowerPoint
Location
This is a remote position based in the United States. Candidates hired into this role may work onsite in the Milliman Boston office (Wakefield MA) or Vermont office (Burlington VT) if they prefer. No housing or relocation assistance provided.
The expected application deadline for this job is May 31 2025.
Compensation
The overall salary range for this role is $67600 $159240. A combination of factors will be considered
including but not limited to education relevant work experience qualifications skills certifications etc.
For candidates residing in:
- Alaska California Connecticut Illinois Maryland Massachusetts New Jersey Pennsylvania Virginia Washington or the District of Columbia:
- $74360 $130240 if overall experience is less than 4 years; and
- $83380 $145970 for experience greater than 4 years.
- New York City Newark San Jose or San Francisco:
- $81120 $142080 if overall experience is less than 4 years; and
- $90960 $159240 for experience greater than 4 years.
- All other states:
- $67600 $118400 if overall experience is less than 4 years; and
- $75800 $132700 for experience greater than 4 years.
Milliman Benefits
We offer a comprehensive benefits package designed to support employees health financial security and wellbeing. Benefits 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 and employees working less than fulltime accrue PTO on a prorated basis.
- Holidays A minimum of 10 paid 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
Milliman is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex race color religion national origin disability protected Veteran Status age or any other characteristic protected by the law.
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Required Experience:
Senior IC
Employment Type
Full-Time
