Associate Actuary (ACAS) - Western Region P&C - Remote

Who We Are

Independent for over 75 years, Milliman delivers market-leading services and solutions to clients worldwide. Today, we are helping companies take on some of the world’s most critical and complex issues, including retirement funding and healthcare financing, risk management and regulatory compliance, data analytics and business transformation.

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 (ERG’s) 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 web site (https://www.milliman.com/en/social-impact) to learn more about Milliman’s commitments to our people, diversity and inclusion, social impact and sustainability.

Milliman’s Western Region Property and Casualty (WRPC) Practice provides a wide variety of actuarial consulting services including reserve projections, feasibility studies, retention analyses, predictive modeling, rate development, rate indications, and state filing support.

 

What You Will Do

WRPC services a broad array of clients in the property and casualty field focusing primarily on loss reserve and pricing analyses for insurance companies and self-insured corporations, including alternative risk programs such as captive insurance companies. This position provides excellent opportunities for professional development and advancement.

An Associate Actuary will have the opportunity to lead a variety of projects and client work, such as pricing, filing, reserving, and predictive modeling. Our ideal hire for this role is someone who enjoys thinking critically to solve a client’s business problems; pairs their strong technical skills with creativity; and is adept in independently managing their own workload.

This person will also:

• Contribute to the vision of a given project and design analyses
• Oversee the execution of projects, whether ad hoc or longer-term projects
• Write reports and support client communication
• Interact with clients to acquire and validate data
• Direct, train and provide guidance to Actuarial Analysts (e.g. data cleaning, checking)
• Check their own and peers’ work for accuracy in the mechanics as well as the methodology
• Comply with internal quality control, risk management, and peer review guidelines
• Participate in marketing opportunities including publications and presentations
• Present findings to peers, project managers, and client relationship managers
• Draft written reports and exhibits, and prepare other internal/external correspondence
• Perform or assist with other duties assigned at the direction of Consultants and Principals
  
  

What We Are Looking For

Required Professional Qualifications

• Completed Bachelor’s degree (at time of application) in economics, finance, actuarial science, or similar major
• Associate of the Casualty Actuarial Society (ACAS) credential attained at time of application
• A minimum of four years of relevant professional experience (which can include internships) in property and casualty pricing, as well as reserving
• Demonstrated hands-on experience in predictive modeling, data aggregation and analysis using R, Python, SQL, etc.
• Able to start within 2-4 weeks of accepted offer

 

Personal Qualifications

• Quick learner who takes initiative to dive deeper and solve problems
• Able to adjust on the fly, to accept new assignments or shift focus, and balance multiple concurrent projects
• “Big picture” thinking to help anticipate client needs
• Superb attention to detail and technical accuracy
• Motivated to work independently and as part of a team
• Proactive in seeking out opportunities to contribute to client work or research projects
• Excellent written and oral communication skills
  
  

Preferred Qualifications

• Experience managing staff and/or projects
• Experience with predictive modeling, e.g. generalized linear models, claims models, underwriting models, telematics, etc.
• Experience with business intelligence / visualization software, e.g. PowerBI, Tableau
• Experience writing technical reports that summarize complex topics

 

Location

This is a remote position. Candidates hired into this role may work onsite in select Milliman office locations, if they prefer. Some work-related travel may be required; such expenses will be reim