Milliman Inc

Actuarial Analyst - IntelliScript (Remote)

Milliman Inc$60K — $136K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in actuarial science, mathematics, or a quantitative field
  • 1+ years of experience in analytics, actuarial science, data science, or product R&D
  • Experience with prescription and medical claims data
  • Understanding of underwriting principles and mortality/morbidity risk drivers
  • Strong analytical thinking skills connecting detailed analysis to business objectives
  • Effective collaboration skills for cross-functional teamwork
  • Proficiency in SQL and Microsoft Excel, experience with data visualization tools

Responsibilities

  • Support the Irix product research pipeline by gathering market feedback
  • Perform hands-on analysis to aid mortality studies and product enhancements
  • Contribute to the development and delivery of mortality study outputs
  • Translate research findings into actionable insights for various teams
  • Collaborate with cross-functional teams on model development and monitoring
  • Evaluate and communicate the value of products through analysis and client deliverables
  • Create clear documentation that emphasizes transparency and quality

Benefits

  • Comprehensive medical, dental, and vision coverage for employees and their families
  • Confidential Employee Assistance Program for personal and work-related challenges
  • 401(k) plan with company matching and profit-sharing contributions
  • Discretionary bonus program recognizing employee contributions
  • Flexible Spending Accounts for tax savings on eligible expenses
  • Paid Time Off accruing from day one, with 15 days yearly for full-time employees
  • Paid parental leave up to 12 weeks for eligible employees
Full Job Description
What this position entails

The Analyst will support research and analytical initiatives that drive enhancements to the Irix product suite. This role partners closely with internal stakeholders and external collaborators-including clients, data providers, and reinsurers-to contribute to the development of insights and product improvements. Responsibilities include assisting in the design and execution of mortality studies, analyzing results, and translating findings into clear, actionable recommendations.

The Analyst will also contribute to the development of foundational analytical assets and support innovation efforts that power Irix. This includes working with industry-leading mortality data, supporting study development and application, and collaborating across teams to inform product strategy and advance analytical capabilities.

What you will be doing

  • Support the Irix product research pipeline by gathering market feedback, contributing to research scoping, and assisting in prioritization efforts
  • Perform hands-on analysis to support mortality studies, product enhancements, and research initiatives
  • Contribute to the development, maintenance, and delivery of mortality study outputs, including reports, dashboards, databases, and tools
  • Translate research findings into clear insights and actionable recommendations in partnership with product, software development, and other technical teams
  • Collaborate with cross-functional teams, including Data Science and product teams, to support model development, feature ideation, and performance monitoring
  • Assist in evaluating and communicating the value of new and existing products through analysis and client-facing deliverables
  • Create clear, high-quality documentation and support standards for transparency, quality, and reproducibility
  • Partner with internal and external stakeholders to deliver insights and materials that meet client needs and highlight product value
  • Support the creation of thought leadership materials, including presentations, webinars, and white papers
  • Contribute to experimentation and prototyping efforts by analyzing results and helping iterate on ideas quickly
  • Assist in developing internal tools and resources to improve product and research efficiency
  • Present findings and insights to stakeholders to support awareness and decision-making
  • Ensure compliance with data governance standards and secure handling of data assets


What we need

  • Bachelor's degree in actuarial science, mathematics, or another quantitative field
  • 1+ years of experience in analytics, actuarial science, data science, or product R&D
  • Experience working with prescription and medical claims data
  • Understanding of underwriting principles and key drivers of mortality and morbidity risk
  • Strong analytical and critical thinking skills, with the ability to connect detailed analysis to broader business objectives
  • Ability to collaborate effectively across cross-functional teams and contribute to shared initiatives
  • Strong written and verbal communication skills, with the ability to convey technical concepts to non-technical audiences
  • Proficiency in SQL and Microsoft Excel; experience with Power BI or similar data visualization tools
  • Familiarity with programming and data tools such as R, Python, Databricks, Jira, and Confluence


What you bring to the table

  • Generate new approaches to problems or innovations to established approaches; think and look outside the box
  • Detail oriented with excellent verbal and written communication skills
  • Proactive and positive approach to solving problems and correcting issues
  • Eager to learn and grow, actively seeks out learning opportunities and feedback to enhance professional development
  • Demonstrate adaptability to new ideas and effectively integrate new knowledge and skills into daily tasks
  • Identify and suggest areas for improvement, assist in implementing changes, and monitor results with minimal supervision
  • Passionate about teaching, mentoring, motivating, and supporting others


Wish list

  • Experience working with clinical data and/or clinical rule engines
  • Familiarity with predictive modeling and machine learning techniques
  • Experience developing data analytics applications or tools
  • Experience in the software-as-a-service (SaaS) or insurance underwriting industry
  • Exposure to product management and/or product R&D environments
  • Experience presenting insights to clients and incorporating feedback into solutions
  • Experience supporting or leading quality assurance (QA) and user acceptance testing (UAT) for software development


Location

The expected application deadline for this job is September 30, 2026. This position is open to remote work. Applicants must be willing to travel to the Milliman office in Brookfield, WI as needed and travel nationwide for meetings, conferences, and team events.

Compensation

The overall salary range for this role is $60,300 - $136,160. 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 for experience greater than 2 years.
  • All other states:
    • $60,300 - $105,700 if overall experience is less than 2 years; and
    • $67,600 - $118,400 for experience greater than 2 years.


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

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, 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


About Milliman Inc

Milliman is a global consulting firm that provides actuarial, risk management, and healthcare consulting services. The company's clients include insurance companies, healthcare providers, and government agencies. Milliman's services are designed to help clients manage risk, improve financial performance, and comply with regulatory requirements. The company was founded in 1947 and is headquartered in Seattle, Washington. Milliman has offices in North America, Europe, Asia, and Australia.
Learn more about Milliman Inc
Size
4,000 employees
Industry
Founded
1947

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