What You Will DoIn our practice, a Consulting Actuary is responsible for high-level peer review and project oversight, building and maintaining client relationships, and mentoring or managing less-experienced actuaries on the team. Our ideal hire for this role is someone who enjoys thinking critically to solve a client's business problems; pairs strong technical skills with creativity; and is adept in independently managing their own workload.
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. Expertise in R is particularly relevant to this position.
Typical responsibilities in this role include:
- 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)
- Lead marketing opportunities including publications and presentations
- Oversee the execution of projects, whether ad hoc or longer-term
- Draft written reports and exhibits, and prepare other internal/external correspondence
- Present findings to peers, project managers, and client relationship managers
- Comply with internal quality control, risk management, and peer review guidelines
- 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
- Fellowship in the Casualty Actuarial Society (FCAS), at the time of application
- Up to 10 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.
- Mastery of R for statistical modeling
- Proven proficiency with Excel and Word
- Working knowledge of supplemental database and professional working tools such as Access and PowerPoint
Personal Qualifications
- Strong critical thinking, technical, and analytical skills
- Superb attention to detail and technical accuracy
- Proactive when faced with an inconsistency, missing information or an unusual result; inclined to first investigate and then consult with Principals
- The ability to work collaboratively and organize various client needs simultaneously across multiple 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
- Published thought leadership and/or experience presenting such as at industry conferences
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
- In pursuit of Fellow of Casualty Actuarial Society credential
- 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). Some financial relocation assistance may be available. 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%).
CompensationThe overall salary range for this role is $103,500 - $214,820. A combination of factors will be considered, including, but not limited to: education (including actuarial exams and credentials), relevant work experience, qualifications, skills, certifications, etc.
Milliman 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 - 11 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.
The expected application deadline for this job is November 30, 2026.
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