Who We AreIndependent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the worlds 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 to learn more about Millimans commitments to our people, diversity and inclusion, social impact and sustainability: 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 DoIn 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 clients 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 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 problemsReceive, reconcile, manipulate, and analyze data using programming languages such as R and SQLCheck data for consistencyDevelop and use actuarial modelsPresent findings to peers, project managers, and client relationship managersDraft written reports and exhibits, and prepare other internal/external correspondenceCheck their own and peers work for accuracyUndertake research projectsPerform or assist with other duties assigned at the direction of Actuaries and PrincipalsWhat We Are Looking ForProfessional QualificationsCompleted bachelors degree (at time of application) in actuarial science, mathematics, data science, statistics, or other quantitative majorTwo or more actuarial exams passed (at time of application)Between one and four years of professional actuarial experience, which can include internship experienceStrong technical skill in ExcelExperience managing data and automating complex data manipulation tasks in R (preferred), SQL, SAS or other programming languagesIf you have more than 4 years of professional experience, please apply instead to posting #SENIO010167Required Skills and CompetenciesQuick learner who takes initiative to dive deeper and solve problemsAble to adjust on the fly, to accept new assignments or shift focus, and balance multiple concurrent projects"Big picture" thinking to help anticipate client needsSuperb attention to detail and technical accuracySelf-sufficient, motivated to work independentlyEnthusiasm for the work of our practice, and a strong work ethic to meet our clients needsCollaborative by nature, willing to help wherever neededExcellent written and oral communication skills, including the ability to express or explain complicated technical concepts to a variety of audiencesAvailable to start within 2-4 weeks of offer acceptance (this is an immediate hire)Additional Skills and Experience WelcomePrior P&C reserving and/or pricing experienceProven technical skill in programming with SAS, R, Python and/or SQL (R most preferred)Predictive modeling experience or an area of keen interestIndividual(s) must be legally authorized to work in the United States without the need for any immigration support or sponsorship from Milliman now or in the future.LocationThis is a remote position, based in the United States. The expected application deadline for this job is April 30, pensationThe overall salary range for this role is $60,300 - $136,160. A combination of factors will be considered, including, but not limited to: education (including passed actuarial exams), relevant work experience, qualifications, skills, certifications, etc.For candidates residing in:Alaska, California, Connecticut, Illinois, Maryland, Massachusetts, New Jersey, New York City, Pennsylvania, Virginia, Washington, or the District of Columbia:$69,345 - $121,555 if overall experience is less than 2 years; and$77,740 - $136,160 if overall experience is greater than 2 years but less than 4 years.All other states:$60,300 - $105,700 if overall experience is less than 2 years; and$67,600 - $118,400 if overall experience is greater than 2 years but less than 4 years.Employees of this practice are also eligible for an annual bonus program that is dependent on billable hours worked and the success of the practice. Bonuses are calculated and paid based upon a practice-level policy, and are not guaranteed.BenefitsWe 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, 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 OpportunityAll 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.#LI-LS1#LI-Remote
Job Title
Actuarial Analyst - New York Property and Casualty (remote U.S.)