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Milliman

Milliman

Actuarial Analyst (Tri-State)

Actuarial Analyst (Tri-State)

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Job Details
""
Uploaded On
August 3, 2023
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Location
Berwyn, United States
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Remote?
No
Salary
$
61
k-$
100
k
Glassdoor Ratings
""
Recommend to a Friend
80%
""
Overall Score
4.1 / 5

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[ Meet Milliman

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 developing insurance for emerging markets, highly focused on data analytics and business transformation. Through a team of professionals ranging from actuaries to compliance professionals, data scientists to actuarial analysts, we offer unparalleled expertise in the insurance industry.

As the nature of risk has evolved, so has the scope of our work. Today, we are helping clients address some of the world's most profound social and business challenges, including a looming retirement crisis, an evolving healthcare landscape, and the effects of climate change and a global pandemic.

We are empowered by the diversity of our backgrounds, driven by a shared commitment to innovate, and inspired by a common mission: to serve our clients to protect the health and financial well-being of people everywhere.

Opportunity Description

Milliman's Tri-State Region Property and Casualty practice (TRPC) provides a wide variety of actuarial consulting services to insurance carriers, reinsurers, and self-insureds including loss reserving, pricing, predictive modeling, and financial modeling.

An Actuarial Analyst is responsible for performing various levels of analysis related to client work, such as reviewing data in preparation for analysis, checking data for errors and consistency, drafting reports, and maintaining documentation. In addition to tactical responsibilities, Analysts are given opportunities to present their findings to their peers, project managers, and client relationship managers. Work is shared across the practice, giving everyone opportunity to build their skills and showcase their abilities.

Our ideal hire for this role is someone who enjoys thinking critically to solve a client's business problems; pairs their strong technical skills with creativity; is adept in managing their own workload; and is committed to the actuarial exam process (preferably through the Casualty Actuarial Society).

This person will also:

  • Understand, modify, and operate complex spreadsheets and database tools to analyze data and solve problems
  • Receive, organize, and review data in preparation for analysis and checking the data for consistency
  • Present findings to peers, project managers, and client relationship managers
  • Draft written reports and exhibits, and prepare other internal/external correspondence
  • Check their own and peers' work for accuracy
  • Undertake research projects
  • Perform or assist with other duties assigned at the direction of Actuaries and Principals


Required Qualifications

  • Completed bachelor's degree in actuarial science, mathematics, data science, statistics, or other quantitative major
  • One or more actuarial exams passed
  • Up to two years of professional actuarial experience, including one or more completed actuarial internships
  • Proven proficiency with Excel
  • Quick learner who takes initiative to dive deeper and solve problems
  • Able to adjust on the fly, to accept new assignments or shift focus, and balance multiple concurrent projects
  • "Big picture" thinking to help anticipate client needs
  • Superb attention to detail and technical accuracy
  • Motivated to work independently and as part of a team
  • Excellent written and oral communication skills, including the ability to express or explain complicated technical concepts, to a variety of audiences


Wish List

  • Prior P&C reserving and/or pricing experience
  • Proven technical skill in programming with SAS, R, Python and/or SQL
  • Experience with data visualization (e.g. PowerBI, Tableau)
  • Predictive modeling experience or area of keen interest


Location

This is a remote position. Candidates hired into this role may work onsite in select Milliman office locations (New York City or Philadelphia), if they prefer.

Compensation

The salary range for this role is $61,000 to $100,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.

Milliman 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)
  • 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


No recruiters, please.

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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