Actuarial Analyst - Atlantic Region Property and Casualty
Actuarial Analyst - Atlantic Region Property and Casualty
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$ 66330 - 116270
1 Vacancy
Job Description
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 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 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 to learn more about Millimans commitments to our people diversity and inclusion social impact and sustainability: Atlantic Region Property and Casualty (ARPC) practice with locations in Boston MA Burlington VT and Atlanta GA provides actuarial consulting services on a range of projects across the insurance reinsurance insurance-linked securities (ILS) and alternative-risk markets. We work with a diverse set of clients including self-insured corporations commercial insurance companies governmental agencies risk pools and financial investors. Using a variety of Milliman products and practice-built 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 well-being of people everywhere.
The team is a focused and tight-knit 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 day-to-day basis the Actuarial Analyst will work autonomously and with project members to execute key analyses for ongoing projects. They will be expected to produce high-quality analytical work. 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 Actuarial Analyst demonstrates professionalism and strong communication skills in all internal and external interaction with a strong work ethic and intrinsic motivation. An up-and-coming 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.
This opportunity is available immediately. Applicants must be able to start working fulltime within 5 weeks of accepted offer.
What We Are Looking For
Professional Qualifications
A minimum of two actuarial exams passed at the time of application and in pursuit of an Associate credential from the Casualty Actuarial Society
Up to 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.
Proven proficiency with Excel and Word
Expertise with statistical and modeling tools such as R @Risk VBA Python SAS STATA etc.
Personal Qualifications
- Strong critical thinking technical and analytical skills
- and dedication to technical accuracy
- The ability to work collaboratively and organize various client needs simultaneously across multiple concurrent projects
- 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 high-quality professional work with accuracy and integrity
- Inspired to contribute to the success of a project and succeed as a team
- Self-starter with excellent time management skills including collaboration across time
Preferred Qualifications
- Mastery of programming languages such as R
- Working knowledge of supplemental database and professional working tools such as Access and PowerPoint
Location
This role is based out of the Milliman Wakefield MA or Burlington VT office. Candidates hired for this role must be willing to work in-person; however flexible work arrangements will be considered. Applicants must also be willing to travel as needed including nationwide travel for meetings conferences and team events.
The expected application deadline for this job is July 15 2025.
Compensation
The overall salary range for this role is $60300 - $126840.
For candidates residing in:
- Massachusetts: $66330 - $116270
- Vermont: $60300 - $105700
A combination of factors will be considered in determining final compensation including but not limited to education (including passed actuarial exams) relevant work experience qualifications skills and certifications.
Milliman 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 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.
- Short-Term and Long-Term Disability Fully paid by Milliman.
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.
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Required Experience:
IC
Employment Type
Full-Time
