[ The Actuarial Analyst position is responsible for performing various levels of analysis related to our client projects. The ideal candidate is a critical thinker who possesses strong communication and organizational skills, and is committed to the actuarial exam process. This position also requires strong technical skills to pair with creative problem solving skills to assist on a wide variety of consulting projects. The nature of the projects will vary widely throughout the year. We do traditional actuarial work such as ratemaking, predictive modeling and reserving, plus a variety of special projects.

Detailed Description

Independent for over 70 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world's most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

Who We Are

Our practice focuses on applying advanced actuarial techniques and geospatial technology to develop innovative insurance products for traditional & start-up insurers, as well as the associated state regulatory rate filing support. We are thought leaders in climate change, artificial intelligence, telematics, and other leading-edge research. We work on some of today's most important insurance problems, including modernizing flood insurance and addressing the wildfire crisis in California. We also do traditional actuarial work such as ratemaking, reserving, predictive modeling & competitive analysis, plus a variety of special projects.

Role

On a typical assignment, the actuarial analyst would be responsible for:

• Developing spreadsheets
• Inputting and manipulating data
• Performing predictive modeling using GLM and non-linear methods using mostly SAS and R, that support rate analyses
• Preparing and submitting state regulatory filing support
• Checking work for technical accuracy

The nature of the projects will vary widely throughout the year. We do traditional actuarial work such as ratemaking, predictive modeling and reserving, plus a variety of special projects.

Qualifications

Required:

• A completed or anticipated college degree in actuarial science, mathematics, data science, statistics, or other quantitative major
• At least one actuarial exam passed
• 0-3 years of relevant work experience
• Technically proficient in Excel
• SAS, R, Python or SQL programming experience required

Desired:

The ideal candidate will have the following attributes:

• Service oriented
• Quick learner
• Team player
• Good with detail
• Excellent written and oral communication skills
• Experience in property/casualty actuarial ratemaking and/or state regulatory filing a plus
• Predictive modeling experience is helpful but not required

Milliman Benefits

At Milliman, we focus on creating an environment that recognizes - and meets - the personal and professional needs of the individual. We offer competitive benefits which include the following based on plan eligibility:

• Medical, dental and vision coverage for employees and their families, including eligible domestic partners.
• A 401(k) plan with matching program, and profit sharing contribution
• Employee Assistance Program (EAP)
• A discretionary bonus program
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
• Family building benefits, including adoption and fertility assistance and paid parental leave up to 12 weeks for employees who have worked for Milliman for at least 12 months and have worked at least 1,250 hours in the preceding 12-month period
• A minimum of 8 paid holidays
• Milliman covers 100% of the premiums for life insurance, AD&D, and both short term and long term disability coverage
• Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation and applicable medical needs

Location

This role is based out of the Milliman office in San Francisco, CA, but candidates hired into this role may work remotely anywhere in the U.S.

Compensation

The salary range for this position is $61,000 - $94,000 depending on relevant factors, including but not limited to education, work experience, certifications, location, etc.

All qualified applicants will receive consideration for employment, without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c) ]