San Francisco, California
Ontario, California
confidential, New Jersey
Posted: 15-Sep-25
Location: Wakefield, Massachusetts
Type: Full Time
Internal Number: ACTUA009698
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.
Please note: this position will start in 2026.
What We Are Looking For
Professional Qualifications
- 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 by start date, 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.
Personal Qualifications
- 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
- 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
Preferred Qualifications
- Mastery of programming languages such as R
- Working knowledge of supplemental database and professional working tools such as Access and PowerPoint
Location
This role is based out of the Milliman Wakefield, MA or Burlington, VT office. Candidates hired for this role must be willing to work in-person; however, flexible work arrangements will be considered. Applicants must also be willing to travel as needed, including nationwide travel for meetings, conferences, and team events.
The expected application deadline for this job is November 30, 2025.
Compensation
The overall salary range for this role is $60,300 - $116,270
For candidates residing in:
- Massachusetts: $66,330 - $116,270
- Vermont: $60,300 - $105,700
A combination of factors will be considered in determining final compensation, including but not limited to education (including passed actuarial exams), relevant work experience, qualifications, skills, and certifications.
Milliman Benefits
We offer a comprehensive benefits package designed to support employees’ health, financial security, and well-being. Benefits include:
- 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.
Equal Opportunity
Milliman is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to sex, race, color, religion, national origin, disability, protected Veteran Status, age, or any other characteristic protected by the law.
Massachusetts Required Lie Detector Notice
It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
As part of your application, please provide your current resume, cover letter, and college transcript.