Senior Actuarial Analyst - Atlantic Region P&C (remote or hybrid)

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 world's 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 (ERG's) 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 Milliman's commitments to our people, diversity and inclusion, social impact and sustainability: https://www.milliman.com/en/socialimpact

The 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, 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 team's 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 Senior Actuarial Analyst will work autonomously and with project team members to execute key analyses for ongoing projects. They will be expected to produce high-quality analytical work and on occasion delegate tasks to junior team members. Much of this person's 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 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.

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 Bachelor's 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 fast-paced 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 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

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 $67,600 - $159,240. 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:
  
  
  
  • $74,360 - $130,240 if overall experience is less than 4 years; and
  • $83,380 - $145,970 for experience greater than 4 years.
  
  
  
  
• New York City, Newark, San Jose, or San Francisco:
  
  
  
  • $81,120 - $142,080 if overall experience is less than 4 years; and
  • $90,960 - $159,240 for experience greater than 4 years.
  
  
  
  
• All other states:
  
  
  
  • $67,600 - $118,400 if overall experience is less than 4 years; and
  • $75,800 - $132,700 for experience greater than 4 years.
  
  
  
  

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

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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