Actuarial Analyst

Milliman is a leading global consulting firm that delivers market-leading services and solutions to clients worldwide. With over 75 years of independence, we have established a reputation for excellence in employee benefits, investment consulting, healthcare, life insurance, and financial services.

We are seeking an Actuarial Analyst to join our Employee Benefits (EB) Consulting Practice. As a key member of our team, you will provide support and assistance to actuarial consultants working with health and group benefit plans. Your responsibilities will include measuring liabilities and annual costs, projecting health plan costs, setting rates and reserves, studying the effects of changes in the design of employee benefit plans, and communicating results.

• Reconcile claims data, prepare budget projections, calculate claims reserves, price plan design changes, analyze vendor renewals, and prepare experience reports
• Calculate employer/employee contribution rates, retiree rates, COBRA rates, and imputed income rates
• Support postretirement health valuations with the development of claim cost and health cost trend assumptions
• Draft member communications and documents
• Assist senior staff in a wide range of strategic projects

• BA or BS in Actuarial Science, Mathematics, or related field
• Up to 2 years relevant experience (health actuarial) with at least one Society of Actuaries exam success
• Actively pursuing SOA exams towards actuarial certification
• Ability to use and develop spreadsheet solutions to model complex problems
• Excellent quantitative, analytical, and critical thinking skills
• Ability to manage working on multiple projects at the same time
• Excellent technical, organizational, and communication skills
• Ability to work in a collaborative team environment

• A competitive salary range of $72,000 - $117,000 depending on a combination of factors, including education, relevant work experience, qualifications, skills, certifications, location, etc.
• A 401(k) plan with matching program, and profit-sharing contribution
• Employee Assistance Program (EAP)
• Discretionary bonus program
• Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason
• 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
• Commuter Program, which allows you to use pre-tax dollars to pay for your parking or public transit expenses to get to and from work
• 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

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.