Actuarial Analyst - Western Region Property and Casualty (remote)

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 (https://www.milliman.com/en/social-impact) to learn more about Milliman's commitments to our people, inclusion, and sustainability.

Milliman's Western Region Property and Casualty (WRPC) Practice provides a wide variety of actuarial consulting services including reserve projections, feasibility studies, retention analyses, predictive modeling, rate development, rate indications, and state filing support.

What You Will Do

WRPC services a broad array of clients in the property and casualty field, focusing primarily on loss reserve and pricing analyses for insurance companies and self-insured corporations, including alternative risk programs such as captive insurance companies. An actuary at the Analyst level contributes independently to a variety of projects and client work, with the support of a collaborative team. Our ideal hire for this role is someone who enjoys thinking critically to solve a client's business problems. This position provides excellent opportunities for professional development and advancement.

Responsibilities will include:

• Create exhibits and perform analyses under supervision of Consultant or Principal
• Conduct data aggregation and manipulation
• Check reports and exhibits for accuracy to comply with internal checking and documentation guidelines
• Interact with clients to acquire and validate data
• Perform or assist with other duties assigned at the direction of Actuaries and Principals

What We Are Looking For

Professional Qualifications

• Completed Bachelor's degree (at time of application) in economics, finance, actuarial science, or similar major
• Two or more actuarial exams passed (at time of application)
• Intention to pursue credentials through the Casualty Actuarial Society
• Up to two years of relevant professional experience (can include internships) including aggregating and analyzing data
• Hands-on experience with Excel

Individual(s) must be legally authorized to work in the United States without the need for immigration support or sponsorship from Milliman now or in the future.

Personal Qualifications

• 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

Preferred Qualifications

• Prior P&C pricing and/or reserving experience
• Proven technical skill in data aggregation and analysis (e.g. SQL, Access, R, Python, SAS)
• Experience with business intelligence / visualization software (e.g. PowerBI, Tableau)
• Experience with Statements of Actuarial Opinions for statutory insurance company Annual Statements

Location

This is a remote position. Candidates hired into this role may work onsite in select Milliman office locations (Pasadena CA, Denver CO, or Richardson TX), if they prefer. Some work-related travel may be required; such expenses will be reimbursed per Milliman policy. The expected application deadline for this job is January 9, 2025.

Compensation

The overall salary range for this role is $60,300 - $121,555.

For candidates residing in:

• Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia the salary range is $69,345 - $121,555.

• All other locations the salary range is $60,300 - $105,700.

A combination of factors will be considered, including, but not limited to, education (including passed actuarial exams), relevant work experience, qualifications, skills, certifications, etc.

Benefits
We offer a comprehensive benefits package designed to support employees' health, financial security, and well-being.

• 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
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.

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