Actuarial Analyst (Life & Annuity) Remote

Milliman•Seattle, WA

12h•$75,800 - $152,605•Remote

About The Position

The Actuarial Analyst will support client project work by producing high-quality actuarial analyses and financial modeling deliverables under the direction of a Principal, Consulting Actuary, or Consultant. This role is designed for experienced analysts (4–6 years of relevant experience) who are near attainment of the Associate of the Society of Actuaries (ASA) designation and intend to pursue Fellowship of the Society of Actuaries (FSA) credentials. The Team We are a global actuarial consulting practice working with clients across North America, South America, Asia, and other international markets. Our work spans a broad range of actuarial and financial topics, including: Financial planning and forecasting Mergers and acquisitions Embedded value and economic capital Risk management and stochastic modeling Asset-liability management (ALM) Principles-based valuation Product pricing Statutory, GAAP, and international valuation This role offers variety, technical challenge, international exposure, and strong opportunities for professional growth and advancement. Location This role is based out of the Milliman office in Seattle, WA, but candidates hired into this role may work remotely anywhere in the US

Requirements

Bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related quantitative field.
4–6 years of relevant actuarial experience.
Progress toward ASA designation; intent to pursue FSA.
Hands-on experience with: Cash flow testing (including AG55) Asset modeling Bermuda reporting Life and annuity insurance products Actuarial pricing and projection systems, particularly MG-ALFA® or similar software.
Strong technical and analytical skills with the ability to produce accurate, well-documented work.
Advanced proficiency in Microsoft Excel.
Experience of one or more of the following: Access, SAS, SQL, Python, R, and/or Excel VBA.
Experience with Integrate / MG-ALFA® or similar actuarial systems (required).

Nice To Haves

Experience with international or Bermuda regulatory reporting.
Experience supporting complex financial models in a consulting environment.
Prior exposure to stochastic modeling, ALM, or valuation frameworks.
Team Player: Collaborates effectively with colleagues across project teams.
Detail-Oriented: Demonstrates strong attention to accuracy, documentation, and quality control.
Enthusiastic Learner: Shows curiosity and engagement in solving complex problems.
Growth-Minded: Motivated by opportunities to take on increasing responsibility and advance professionally.
Communication Skills: Strong written and verbal communication skills, with the ability to clearly explain technical concepts.
Willingness to travel occasionally, including domestic and international travel, as business needs arise.
Experience with Tableau and/or Power BI (preferred).

Responsibilities

Perform actuarial analyses and modeling to support client engagements, including asset modeling, cash flow testing, financial projections, and reporting.
Build, enhance, and maintain actuarial and financial models used for valuation, forecasting, pricing, and risk management.
Produce clear, well-documented, and accurate work products that meet internal quality standards and client expectations.
Assist with statutory, GAAP, and international reporting requirements, including Bermuda-specific reporting where applicable.
Communicate analytical results and methodology to project team members and, as appropriate, participate in client meetings or calls under supervision.
Work with senior actuaries to support business development activities, including research, model development, and proposal support.
Balance multiple projects and deadlines in a fast-paced consulting environment.
Occasional domestic and international travel for client work or business development activities.

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.