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Milliman

Milliman

Actuarial Analyst

Actuarial Analyst

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Job Details
""
Uploaded On
October 29, 2023
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Location
Denver, United States
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Remote?
No
Salary
$
56
k-$
116
k
Glassdoor Ratings
""
Recommend to a Friend
80%
""
Overall Score
4.1 / 5

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Milliman's Mountain Gulf Health Practice is looking for an entry level actuarial analyst to join our team. This position provides opportunities for professional growth and technical skill development in the healthcare actuarial field. A successful candidate will possess excellent technical, communication, and interpersonal skills and will be self-motivated and driven to achieve. Intellectual curiosity, teamwork, and a strong desire to learn are important drivers of success in our practice.

Who We Are

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.

What You Will Do

Actuarial Analysts perform data analysis using Excel, SAS, and proprietary Milliman programs to assist with consulting for various health insurance work areas, such as Commercial / ACA, Medicare, Behavioral Health, Risk Adjustment, Dental and more.

Within a project team, consultants, project managers, analysts, and interns coordinate their efforts to deliver client reports and deliverables. Consultants are responsible for building relationships with clients, directing projects, and presenting results. Associate Actuaries, who act as project managers, work directly with analysts by reviewing work, answering questions, and developing client correspondence. Analysts are responsible for the majority of the technical work, which may include analyzing data, completing actuarial calculations, developing, and utilizing actuarial models, and implementing software solutions. Analysts work alongside all levels of a project team while learning and expanding upon various actuarial concepts and computer programs, such as Microsoft Excel, VBA, and SAS. Analysts are also called upon to help implement business development efforts.

We feel progression with actuarial exams is important, and as such study time is supported and expected. Study time, materials, and exam fees are paid for by Milliman for actuarial staff.

What We Are Looking For

Professional Qualifications

  • Bachelor's degree in actuarial science, mathematics, statistics, economics, or another major with quantitative course work
  • At least one or more society of Actuaries exams passed
  • Solid understanding of basic actuarial concepts
  • Working knowledge of Microsoft Excel, VBA and
  • Some knowledge of a statistical analysis language (SAS, R, SQL, or Python)
  • Former Milliman interns may be preferred candidates


Personal Qualifications

  • Strong written and verbal communication skills
  • Strong organizational skills and ability to manage multiple projects and deadlines
  • Strong time management skills
  • Entrepreneurial spirit
  • Ability to work independently and within a team
  • Client focused and results oriented


Preferred Qualifications

  • Prior internship(s) or actuarial-related work experience is beneficial


Applicants must be authorized to work in the United States on a full-time basis without sponsorship from Milliman presently or in the future. Milliman's Mountain Gulf Health does not allow for sponsorship to maintain or obtain an employment authorizing status/visa or other form of employment authorization in order to legally work in the United States.

The Team

Milliman's Mountain Gulf Health Practice consists of fifty-three actuarial professionals, healthcare consultants, IT, and administrative professionals.

We have made the decision to hire primarily at the entry level, and we have carefully designed a program to help entry level analysts through their career path. Through our coach program, all staff members are paired with a dedicated coach to help support and celebrate the growth of each staff member along their career path.

Additionally, our exam program includes paid study time and materials. This program provides support and monitors progress on exam preparation. Our employees are high achievers and demonstrate excellent exam success.

Location

The Mountain Gulf Health Practice operates under one management group across five locations - Denver, Houston, Phoenix, Salt Lake City, and San Francisco. Candidates hired into this role may work remotely anywhere in the US or onsite in select locations where we have physical office space if they prefer.

Compensation

The salary range for this role is $56,000 to $116,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.

Benefits

At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual and their family. 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 number of 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 eight 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

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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)
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Working at 

Milliman

Milliman is among the largest actuarial and management consulting firms in the world. The firm employs over 2,800 people, including a professional staff of over 1,400 qualified actuaries and consultants in over 50 offices around the world. We provide actuarial consulting services in the property and casualty, life, health, and pension areas to clients which include insurance companies, insurance purchasers, regulators, self-insurers, and pension plan sponsors. Property and casualty services provided cover such diverse areas as evaluation of loss and expense reserves, pricing and funding requirements, risk retention, insurance management and operations, financial analysis, claims consulting, and reinsurance issues. The services we offer are as diverse as our clientele, but all are custom-tailored to meet the unique requirements of each client. For more detail on Milliman, please visit our website at www.milliman.com.

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