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. Please visit our web site ( to learn more about Millimans commitments to our people inclusion and sustainability.
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.
Through a team of professionals ranging from actuaries to clinicians technology specialists to plan administrators we offer unparalleled expertise in employee benefits investment consulting healthcare life insurance and financial services and property and casualty insurance.
What You Will Do
In this role you will:
- Develop actuarial projections for life insurance and annuity blocks in MG-ALFA
- Review organize and analyze data (e.g. liability in-force data mortality and/or lapse experience data)
- Assist in developing deal models in Microsoft Excel for transaction (i.e. merger acquisition financing) assignments
- Perform static and dynamic model validations
- Assist in preparation of written actuarial reports and opinions
- Assist with research projects
- Work independently to complete tasks
What We Are Looking For
Professional Qualifications
- Bachelors degree in actuarial science mathematics/statistics or finance
- Prior internship experience in an actuarial or financial capacity (including investment experience if it pertains to actuarial science)
- Demonstrated experience/interest in programming or data science including advanced experience with Microsoft Excel and experience with Microsoft Access / AQL VBA or other database languages such as Python SAS or R
- Has at least two actuarial exams passed (either SOA or CAS)
- Desire and ability to interact and communicate effectively (written and oral) with colleagues and clients
- Ability to analyze and apply creative problem solving both independently and within a team
Preferred Qualifications
- Familiarity with life/health/annuity products especially variable annuities indexed annuities or indexed universal life
- Experience working at life/health/annuity insurer actuarial consulting practice or investment firm or investment bank servicing the life insurance industry
- Familiarity with fixed income assets equity derivatives and interest rate derivatives.
- Familiarity with statutory and US GAAP reporting
Location
The expected application deadline for this job is November 7 2025.
Candidates hired into this role will be required to work in-person in the Milliman office in New York City New York from time to time but flexible work arrangements will be considered.
Compensation
The overall salary range for this role is $37.00 - $42.00/ hour based on 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.
Required Experience:
IC
Who We AreIndependent 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 compli...
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. Please visit our web site ( to learn more about Millimans commitments to our people inclusion and sustainability.
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.
Through a team of professionals ranging from actuaries to clinicians technology specialists to plan administrators we offer unparalleled expertise in employee benefits investment consulting healthcare life insurance and financial services and property and casualty insurance.
What You Will Do
In this role you will:
- Develop actuarial projections for life insurance and annuity blocks in MG-ALFA
- Review organize and analyze data (e.g. liability in-force data mortality and/or lapse experience data)
- Assist in developing deal models in Microsoft Excel for transaction (i.e. merger acquisition financing) assignments
- Perform static and dynamic model validations
- Assist in preparation of written actuarial reports and opinions
- Assist with research projects
- Work independently to complete tasks
What We Are Looking For
Professional Qualifications
- Bachelors degree in actuarial science mathematics/statistics or finance
- Prior internship experience in an actuarial or financial capacity (including investment experience if it pertains to actuarial science)
- Demonstrated experience/interest in programming or data science including advanced experience with Microsoft Excel and experience with Microsoft Access / AQL VBA or other database languages such as Python SAS or R
- Has at least two actuarial exams passed (either SOA or CAS)
- Desire and ability to interact and communicate effectively (written and oral) with colleagues and clients
- Ability to analyze and apply creative problem solving both independently and within a team
Preferred Qualifications
- Familiarity with life/health/annuity products especially variable annuities indexed annuities or indexed universal life
- Experience working at life/health/annuity insurer actuarial consulting practice or investment firm or investment bank servicing the life insurance industry
- Familiarity with fixed income assets equity derivatives and interest rate derivatives.
- Familiarity with statutory and US GAAP reporting
Location
The expected application deadline for this job is November 7 2025.
Candidates hired into this role will be required to work in-person in the Milliman office in New York City New York from time to time but flexible work arrangements will be considered.
Compensation
The overall salary range for this role is $37.00 - $42.00/ hour based on 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.
Required Experience:
IC
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