Actuarial Analyst - New York 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 (ERGs) 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 New York Property and Casualty practice (NYPC) provides a wide variety of actuarial consulting services to insurance carriers, reinsurers, and self-insureds including loss reserving, pricing, and predictive modeling.

What You Will Do

In this practice, 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. This is a tremendous career opportunity for an early career actuary to take on direct responsibility for client work. 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 independently managing their own workload; and is committed to the actuarial exam process through the Casualty Actuarial Society.

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 the opportunity to build their skills and showcase their abilities, and take on increasing responsibilities over time.

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 Professional Qualifications

• Completed bachelor's degree (at time of application) in actuarial science, mathematics, data science, statistics, or other quantitative major
• Two or more actuarial exams passed (at time of application)
• Between one and three years of professional actuarial experience, which can include internship experience
• Proven proficiency with Excel

Required Skills and Competencies

• 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
• Self-sufficient, motivated to work independently
• Collaborative by nature, willing to help wherever needed
• Excellent written and oral communication skills, including the ability to express or explain complicated technical concepts, to a variety of audiences
• Available to start within 2-4 weeks of offer acceptance (this is an immediate hire)

Additional Skills and Experience Welcome

• Prior P&C reserving and/or pricing experience
• Proven technical skill in programming with SAS, R, Python and/or SQL (R most preferred)
• Predictive modeling experience or an area of keen interest

Location
This position is based out of the Milliman office in New York City, NY, but candidates hired into this role may work remotely. Depending on the availability of office space, the new hire may choose to work onsite more frequently. Please note: paid relocation assistance is not available for this role.

The expected application deadline for this job is May 15, 2025.

Compensation
The salary range is $56,000 - $135,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. If overall experience is less than 2 years the range would be $56,000 - $121,000; for experience of greater than 2 years, the range would be $63,000 - $135,000.

Benefits

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

• 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.
  • 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, gender identity, national origin, disability, or status as a protected veteran.

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