Actuarial Analyst
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Job Description
About Milliman:
Milliman is an independent actuarial and consulting firm with over 75 years of experience. They provide market-leading services and solutions globally, assisting companies with critical issues such as retirement funding, healthcare financing, risk management, regulatory compliance, data analytics, and business transformation. Milliman is committed to employee development, offering skills training, career development opportunities, mentoring, and employee resource groups (ERGs) that influence policy and develop future leaders. They also encourage employee involvement in professional organizations. Their New York Property and Casualty (NYPC) practice focuses on providing actuarial consulting services to insurance carriers, reinsurers, and self-insured entities, encompassing loss reserving, pricing, and predictive modeling.
Job Description: Actuarial Analyst – New York Property and Casualty Practice:
This role involves performing various levels of analysis related to client work within Milliman’s NYPC practice. Responsibilities include:
• Data Analysis: Reviewing, organizing, and checking data for errors and consistency in preparation for analysis. Utilizing complex spreadsheets and database tools to analyze data and solve problems.
• Reporting and Communication: Drafting reports and exhibits, preparing internal/external correspondence, and presenting findings to peers, project managers, and client relationship managers. This includes explaining complex technical concepts clearly to various audiences.
• Quality Assurance: Checking one’s own work and the work of peers for accuracy.
• Problem-Solving: Thinking critically to solve client business problems, utilizing both technical skills and creativity. Independently managing workload and anticipating client needs.
• Research: Undertaking research projects as needed.
• Collaboration: Working collaboratively with colleagues and contributing to a team environment.
Required Qualifications:
• Completed bachelor’s degree in actuarial science, mathematics, data science, statistics, or a related quantitative field.
• Two or more passed actuarial exams (Casualty Actuarial Society).
• One to three years of professional actuarial experience (internship experience included).
• Proven proficiency in Excel.
Required Skills and Competencies:
• A quick learner who is proactive and takes initiative.
• Adaptable and able to manage multiple concurrent projects.
• Strong analytical and problem-solving skills with attention to detail and technical accuracy.
• Self-sufficient and motivated to work independently, yet collaborative and willing to help others.
• Excellent written and oral communication skills.
• Ability to start within 2-4 weeks of offer acceptance.
Additional Skills and Experience (Preferred):
• Prior P&C reserving and/or pricing experience.
• Technical skills in programming languages like SAS, R, Python, and/or SQL (R preferred).
• Predictive modeling experience or interest.
Location: New York City, NY (remote work may be possible). Relocation assistance is not provided. Application deadline: May 15, 2025.
