Actuarial Analyst - Western Region P&C (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, diversity and inclusion, social impact 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

The Pasadena CA-based team within 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

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 (Irvine CA, 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.

Compensation

The salary range for this position is $56,000 - $121,000 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 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 10 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.

The expected application deadline for this job is January 31, 2025.

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