What You Will DoOn a day-to-day basis, an experienced Actuarial Analyst will work autonomously and with project team members to execute key analyses for ongoing projects. Building upon two or more years of professional actuarial experience, this Analyst will be expected to produce high-quality work and on occasion delegate tasks to junior team members. Much of this person's work will involve complex data manipulation and summarization in Excel, but supplemental programming, statistical, and database skills are highly valued and will open up additional opportunities for impactful client assignments and advancement.
Our ideal Actuarial Analyst demonstrates professionalism and strong communication skills in all internal and external interaction, with a strong work ethic and intrinsic motivation, especially when working remotely. An up-and-coming actuary who enjoys the technical aspect of the field as well as presenting results and recommendations will thrive in this role.
Actuaries in this practice are expected to pursue credentials with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations, and are provided time and monetary resources to support this pursuit.
Typical responsibilities in this role include:
- Oversee the execution of projects, whether ad hoc or longer-term
- Write reports and support client communication
- Direct interaction with client and/or client's other vendor partners (e.g., broker, captive manager, auditor)
- Direct, train and provide guidance to Actuarial Analysts (e.g. data cleaning, checking)
- Comply with internal quality control, risk management, and peer review guidelines
- Participate in marketing opportunities including publications and presentations
- 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 in the mechanics as well as the methodology
- Write detailed documentation to keep track of how data is compiled for specific projects
- Implement process improvements to produce better results
- Perform or assist with other duties assigned at the direction of practice Principals
What We Are Looking ForProfessional Qualifications
- A minimum of three actuarial exams passed at the time of application, and in pursuit of an Associate credential from the Casualty Actuarial Society
- Between two and ten years of professional actuarial fulltime work experience in pricing, reserving, predictive modeling, capital modeling, enterprise risk management, and/or reinsurance-related actuarial topics for North American and/or European companies
- Completed Bachelor's degree or higher at the time of application, including quantitative coursework in actuarial science, mathematics, statistics, etc.
- Substantial expertise with MS Excel and Word
If you have already attained your ACAS credential, and have up to 10 years of professional experience, please apply instead to posting #
ASSOC010157.
Individual(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.Personal Qualifications
- Strong critical thinking, technical, and analytical skills
- Superb attention to detail and dedication to technical accuracy
- The ability to work collaboratively and organize various client needs simultaneously across multiple concurrent projects
- Accustomed to working in a fast-paced environment, willing to put in extra effort when required by our clients
- The ability and willingness to clearly articulate questions and ideas
- Clearly demonstrated leadership and creative thinking abilities
- Intellectual curiosity about the topics of risk, Milliman, and the work of our practice
- Enthusiasm for producing high-quality, professional work with accuracy and integrity
- Inspired to contribute to the success of a project and succeed as a team
- Self-starter, with excellent time management skills including collaboration across time zones
Preferred Qualifications
- Four or more passed actuarial exams
- Working knowledge of supplemental database and professional working tools such as Access and PowerPoint
LocationThis is a hybrid position for candidates with under five years of relevant full-time actuarial experience, based out of either the Milliman Boston office (Wakefield, MA) or Vermont office (Burlington, VT).
Candidates with five or more years of relevant full-time actuarial experience who are not local to one of these two locations may apply for remote work. Additional periodic travel may be required nationwide for meetings, conferences, and team events (up to 20%). The expected application deadline for this job is April 30, 2026.
CompensationThe overall salary range for this role is $67,600 - $152,605. A combination of factors will be considered, including, but not limited to: education, 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:
- $77,740 - $136,160 if overall experience is more than two but less than four years; and
- $87,170 - $152,605 if overall experience is more than four but less than seven years.
- $67,600 - $118,400 if overall experience is more than two but less than four years; and
- $75,800 - $132,700 if overall experience is more than four but less than seven years.
A combination of factors will be considered, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, etc.
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.
