Actuarial Analyst - Atlantic Region Property and Casualty - 2026 Hires

Milliman • Wakefield, MA

87d • $60,300 - $126,840

About The Position

Independent for over 75 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. Milliman invests in skills training and career development, and gives all employees access to a variety of learning and mentoring opportunities. Our growing number of Milliman Employee Resource Groups (ERG's) are employee-led communities that influence policy decisions, develop future leaders, and amplify the voices of their constituents. We encourage our employees to give back to their varied professions, including leadership in professional organizations. Please visit our web site to learn more about Milliman's commitments to our people, diversity and inclusion, social impact and sustainability: https://www.milliman.com/en/socialimpact. The Atlantic Region Property and Casualty (ARPC) practice, with locations in Boston MA, Burlington VT, and Atlanta GA, provides actuarial consulting services on a range of projects across the insurance, reinsurance, insurance-linked securities (ILS) and alternative-risk markets. We work with a diverse set of clients including self-insured corporations, commercial insurance companies, governmental agencies, risk pools, and financial investors. Using a variety of Milliman products and practice-built tools, we look to establish and develop the cutting edge of actuarial practice in each of our professional niches, and provide our clients with trusted partnership and advice to advance the financial well-being of people everywhere. The team is a focused and tight-knit group, working together across multiple locations. Team members work on a range of client projects of various sizes, and we employ a highly integrated project structure that encourages interaction across all members of the team, from Analysts to the Principals who serve as client leads. While most of our team's time is spent working with members of the practice, we also have assignments that are completed in partnership with other Milliman offices around the world. We believe that the actuarial skillset has important applications across both our traditional actuarial work and our work in developing market areas, and are committed to developing a pipeline of actuarial talent and future leaders of the firm through exam support and interaction with senior colleagues.

Requirements

• A minimum of two actuarial exams passed at the time of application, and in pursuit of an Associate credential from the Casualty Actuarial Society.
• Up to two years of professional property and casualty actuarial fulltime work experience in pricing and/or reserving for North American and/or European companies.
• Completed Bachelor's degree or higher, including quantitative coursework in actuarial science, mathematics, statistics, etc.
• Proven proficiency with Excel and Word.
• Expertise with statistical and modeling tools such as R, @Risk, VBA, Python, SAS, STATA, etc.

Nice To Haves

• Mastery of programming languages such as R.
• Working knowledge of supplemental database and professional working tools such as Access and PowerPoint.

Responsibilities

• Execute key analyses for ongoing projects autonomously and with project team members.
• Produce high-quality analytical work involving complex data manipulation and summarization in Excel.
• Utilize programming, statistical, and database skills to enhance client assignments and career advancement.

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Professional, Scientific, and Technical Services
• Education Level: Bachelor's degree