Business Innovation Consultant and Actuary - IntelliScript (Remote)

What We Do

Milliman IntelliScript is a group of a few hundred experts in fields ranging from actuarial science to information technology to clinical practice. Together, we develop and deploy category-defining, data-driven, software-as-a-service (SaaS) products for a broad spectrum of insurance clients. We’re a business unit within Milliman, Inc., a respected consultancy with offices around the world.

Candidates who have their pick of jobs are drawn to IntelliScript’s entrepreneurial and collaborative culture of innovation, excellence, exceptional customer service, balance, and transparency. Every single person has a voice in our company, and we challenge each other to push the outer limits of our full, diverse potential. And, we’ve shown sustained growth that ensures you’ll have room to grow your skillset, responsibilities, and career.

Our team is smart, down-to-earth, and ready to listen to your best ideas. We reward excellence and offer competitive compensation and benefits. Visit our LinkedIn page for a closer look at our company, and learn more about our cultural values here.

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 (ERGs) 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 website to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact, and sustainability.

What this position entails

At IntelliScript, we are never comfortable with the status quo. We have taken several products through the market adoption curve and expect more to follow. We pursue opportunities for new growth, and expand into new processes, businesses and markets. Our product suite combines leading edge data, analytics, reporting engines, predictive models, clinical expertise, and technical expertise – all of which can be used to identify, create and pursue new business development (BD) opportunities.

Working with the Director of Business Development, BD Sales Consultants, BD Analyst and various internal experts, the Business Innovation Consultant and Actuary (BICA) identifies, pursues and develops new products and services across various markets and industries. In this highly visible role, the BICA will be stretched and challenged to continually learn new concepts, adapt to new environments and generate new market opportunities. Building new revenue streams that facilitate diversified growth is central to Milliman IntelliScript’s business strategy, highly valued by management, and rewarding to the individual.

What you’ll be doing

• Play a strategic and vital role in growing business development (BD) efforts
• Represent a successful, well-respected company occupying a unique niche in the market
• Innovation and ideas are always welcome at IntelliScript
• Milliman demonstrates work-life integration through a variety of perks and programs
• Success is highly visible – and rewarded (internal growth, bonus plan, etc.)
• Lead the development of the business plan and go-to-market strategy for new ventures and opportunities in the insurance industry
• Facilitate “blue sky” new product generation and innovation
• Diversify our revenue stream by identifying new opportunities and developing new solutions within the insurance industry
• Listen to clients, prospects and potential partners; probe deeper to understand true business needs (i.e. opportunities); build scalable solutions collaboratively; develop studies that will help them to evaluate our BD products
• Communicate with companies, industry leaders and experts to research the viability of new BD ideas
• Lead product development for ideas that are green-lighted for implementation, taking them from concept to production
• Engage other IntelliScript business units throughout the business development cycle; advise our internal experts on the best way to illustrate value proposition for new clients and opportunities
• Ensure the smooth transition of new products from Business Development to Sales and Product Management
• Prospect, qualify and sell early deals for new ideas with support of the BD Sales Consultant and / or Sales Associates
• Seek knowledge of current and relevant political, legislative, and ma