Description

The Northeast Employee Benefits Practice has an opening for an Actuarial Analyst in our Albany, New York City, Philadelphia or Little Falls, NJ locations.  The successful candidate should have 0-4 years relevant experience with SOA exam success. Our principal values form the foundation of our truly distinctive student program. The Milliman culture provides motivated students with the necessary means to build a successful actuarial career.

About Milliman

Independent for 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.

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.

Northeast Employee Benefits Practice

The Northeast Employee Benefits Practice has four locations: Albany, New York City, Philadelphia and Little Falls (NJ). The practice provides a wide range of consulting and administrative services for Employee Benefit plans. You will be joining over 100 fellow employees in a challenging, dynamic work environment and a thriving Employee Benefits practice.

Employees are expected to work in the office 2 days per week and may work remotely for the remaining portion of the week.

Role

This entry level position provides support and assistance to actuarial consultants. This includes measuring pension liabilities and annual costs, studying the effects of changes in the design of employee benefit plans, and communicating results.

• Prepare basic actuarial calculations, government form filings, and other client deliverables
• Obtain data from clients and respond to client requests for information, explanations, and answers related questions
• Provide analysis and assistance on projects as assigned.

Job Requirements

• BA or BS in Mathematics or related field
• Actively pursuing EA exams towards Actuarial certification
• Excellent computer and technical skills
• Strong communication skills
• Ability to handle multiple projects at the same time
• Ability to work on detailed spreadsheets
• Ability to work in a team environment

Additional Skills considered:

• Prior actuarial experience

• ProVal experience
• Relevant experience with pension valuation work, benefit calculations and preparation of government forms
• Advanced knowledge of Microsoft Office applications: Excel, Access and Visual Basic
• Experience in administration of employee and/or retirement benefits

• Sharp critical thinking skills, sound judgment and decision-making ability, and both the ability and willingness to clearly articulate your ideas
• An inherent sense of the value of collaboration

Compensation

The salary range for this position is $61,000- $110,000 depending on relevant factors, including but not limited to education, work experience, certifications, location, etc.

Milliman Benefits

We offer competitive benefits which include the following based on plan eligibility:

• Medical, dental and vision coverage for employees and their dependents, including domestic partners
• A 401(k) plan with matching program, and profit sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue
• 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
• A minimum of 8 paid holidays
• Milliman covers 100% of the premiums for life insurance, AD&D, and both short-term and long-term disability coverage
• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

‍