Spring or Summer 2027 Actuarial Analyst - Atlantic Region Property and Casualty - Hybrid U.S.

Milliman•South Burlington, VT

23h•$60,300 - $121,555•Hybrid

About The Position

Milliman’s Atlantic Region Property and Casualty (P&C) practice 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. The practice 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. On a day-to-day basis, the Actuarial Analyst will work autonomously and with project team members to execute key analyses for ongoing projects. They will be expected to produce high-quality analytical work. Much of this person’s work will involve complex data manipulation and summarization in Excel, but supplemental programming, statistical, and database skills are highly valued and will open up additional opportunities for impactful client assignments and advancement. Our ideal Actuarial Analyst demonstrates professionalism and strong communication skills in all internal and external interaction, with a strong work ethic and intrinsic motivation. An up-and-coming actuary who enjoys the technical aspect of the field as well as presenting results and recommendations will thrive in this role. Actuaries in this practice are expected to pursue credentials with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations, and are provided time and monetary resources to support this pursuit. This fulltime role will begin in spring or summer of 2027.

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 actuarial fulltime 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
Completed Bachelor’s degree or higher (in progress or to be completed in 2027) 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.
Strong critical thinking, technical, and analytical skills
Superb attention to detail and dedication to technical accuracy
The ability to work collaboratively and organize various client needs simultaneously across multiple concurrent projects
Accustomed to working in a fast-paced environment, willing to put in extra effort when required by our clients
The ability and willingness to clearly articulate questions and ideas
Clearly demonstrated leadership and creative thinking abilities
Intellectual curiosity about the topics of risk, Milliman, and the work of our practice
Enthusiasm for producing high-quality, professional work with accuracy and integrity
Inspired to contribute to the success of a project and succeed as a team
Self-starter, with excellent time management skills including collaboration across time zones
Must be legally authorized to work in the United States without the need for any immigration support or sponsorship from Milliman now or in the future.

Nice To Haves

Three or more passed actuarial exams on the CAS credentialing track
Expertise with statistical and modeling tools such as R, Python, @Risk, VBA, SAS, STATA, etc.
Working knowledge of supplemental database and professional working tools such as Access and PowerPoint

Responsibilities

Execute key analyses for ongoing projects.
Produce high-quality analytical work.
Perform complex data manipulation and summarization in Excel.
Pursue credentials with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations.

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 – 11 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.