Associate Actuary

Job Description

Associate Actuary – Atlantic Region Property and Casualty | Milliman

The Tone:
This is a hybrid or remote role with Milliman, a firm that has delivered market-leading services for over 75 years. Milliman helps clients tackle some of the world’s most critical and complex issues, including retirement funding, healthcare financing, risk management, and regulatory compliance. The Atlantic Region Property and Casualty practice provides actuarial consulting to a diverse set of clients in insurance, reinsurance, insurance-linked securities, and alternative-risk markets. This role drives complex projects, contributing to client business strategy and providing trusted partnership and advice to advance their financial well-being.

The TL;DR
• Role: Full Time
• Type: Full-time
• Location: Remote – Boston, Wakefield, South Burlington, USA
• Pay: $100400–$235520 yearly
• Team: A focused, tight-knit group with an integrated project structure, encouraging interaction from Analysts to Principals across multiple locations.
• Mission: To drive complex projects and establish the cutting edge of actuarial practice, providing trusted partnership and advice to advance clients’ financial well-being.
• Tech Stack: MS Excel, R, @Risk, VBA, Python, SAS, STATA, Access, PowerPoint

What You’ll Actually Do
• Project Leadership: Oversee the execution of projects, whether ad hoc or longer-term, contributing to client business strategy.
• Client Communication: Write comprehensive reports and manage direct communication with clients and their other vendor partners.
• Team Development: Direct, train, and provide guidance to Actuarial Analysts on tasks such as data cleaning and checking.
• Quality Assurance: Comply with internal quality control, risk management, and peer review guidelines, checking your own and peers’ work for accuracy.
• Business Development: Participate in marketing opportunities, including publications, presentations, and presenting findings to peers, project managers, and client relationship managers.

The Must-Haves
• Background: Associate credential from the Casualty Actuarial Society (ACAS) at the time of application, and a completed Bachelor’s degree or higher with quantitative coursework in actuarial science, mathematics, or statistics.
• Experience: At least 10 years of professional actuarial full-time 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.
• Skills: Substantial experience with MS Excel and Word; mastery of R for statistical modeling; strong critical thinking, technical, and analytical skills; superb attention to detail and dedication to technical accuracy; and proven ability to work collaboratively and manage multiple client needs simultaneously across various concurrent projects.
• Bonus: In pursuit of Fellow of Casualty Actuarial Society (FCAS) credential, mastery of statistical and modeling tools such as @Risk, VBA, Python, SAS, STATA, and working knowledge of Access and PowerPoint.