Consulting Actuary
Consulting Actuary
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 55 - 65
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: NY/NJ Life office of Milliman provides consulting services to a broad array of clients in the life insurance and financial services industries. We are looking for a self-motivated actuarial student to work closely with consulting actuaries on a variety of projects such as actuarial due diligence actuarial modeling in MG-ALFA and analysis of life insurance blocks. This position provides excellent opportunities for professional development and on-the-job learning..
What You Will Do
In our practice a Consulting Actuary is responsible for performing various levels of analysis related to client work. Supporting the Project Managers the Consulting Actuary reviews work performed by the Actuarial Analysts (such as reviewing data in preparation for analysis checking data for errors and consistency) conducts complex analysis and produces reports. 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.
Our ideal Consulting Actuary enjoys thinking critically to solve a clients business problems; demonstrates professionalism and strong communication skills in all internal and external interactions; pairs their strong technical skills with creativity; and possesses a strong work ethic and intrinsic motivation.
Typical responsibilities in this role include:
- Oversee the execution of projects whether ad hoc or longer-term
- Work on actuarial assumption review actuarial analysis related product and block profitability and NGE guidance and reviews.
- Write reports and support client communication
- Direct interaction with client and/or clients other vendor partners (e.g. broker captive manager auditor)
- Direct train and provide guidance to Actuarial Analysts (e.g. data cleaning checking)
- Comply with internal quality control risk management and peer review guidelines
- Draft written reports and exhibits and prepare other internal/external correspondence
- Write detailed documentation to keep track of how data is compiled for specific projects
- Implement process improvements to produce better results
- Perform or assist with other duties assigned at the direction of practice Principals
What We Are Looking For
Professional Qualifications
- Fellowship in the Society of Actuaries (FSA) at the time of application
- A minimum of 25 years of professional actuarial fulltime work experience at a life insurance company focusing on product development and pricing inforce management underwriting and NGE.
- Experience in an insurtech firm and understanding of the insurtech market is highly desired.
- 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
Personal Qualifications
- Strong critical thinking technical and analytical skills
- Superb attention to detail and technical accuracy
- Proactive when faced with an inconsistency missing information or an unusual result; inclined to first investigate and then consult with Principals
- The ability to work collaboratively and organize various client needs simultaneously across multiple projects
- Accustomed to working in a fast-paced environment willing to put in extra effort when required by our clients
- 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 zones
Location
This is a remote position. The expected application deadline for this job is July 25 2025.
Compensation
The overall salary range for this role is $55 - 65 an hour. This role is a part time unscheduled temporary position. A combination of factors will be considered including but not limited to education (including actuarial exams and credentials) relevant work experience qualifications skills certifications etc.
Benefits
We offer competitive benefits which include the following based on plan eligibility:
- Employee Assistance Program (EAP) Confidential support for personal and work-related challenges.
- 401(k) Plan When an employee reaches 1000 hours worked within 12 consecutive months they become eligible for a 401(k) plan that includes a company matching program and profit-sharing contributions.
- Paid Time Off (PTO) Begins accruing on the first day of work; Interns Temporary and Seasonal Employees will earn PTO each pay period based on 1 hour for every 30 hours worked.
- Transportation Pre-tax savings for eligible transit and parking expenses.
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.
#LI-LS1
#LI-Remote
Employment Type
Full-Time
