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Form of workWho We Are
Independent for 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’s Western Region Property and Casualty (P&C) Practice provides actuarial consulting on projects that feature a wide variety of actuarial techniques, including reserving, predictive modeling, telematics, by-peril and catastrophe rating, rate development, rate indications, and state filing support.
Our San Francisco- and Seattle-based teams work together to provide services to a broad array of clients in the P&C field. The primary focus of this role is on loss reserve and funding analyses for insurance companies and self-insured corporations, including alternative risk programs such as captive insurance companies. Our ideal hire is a credentialed Actuary who understands the mechanics of complex analysis, and gets under the hood to identify the source of issues when a solution isn’t yet obvious. They will be the hub for client communication, and responsible for building strong client relationships.
Successful Actuaries in this practice enjoy thinking strategically while overseeing the day-to-day work of their projects. As part of a collaborative team, the Actuary will perform peer review, train and provide guidance to junior staff, and have excellent opportunities for their own professional development and career advancement.
The Actuary will be empowered to:
- Contribute to the vision of a given project, and design analyses
- Write reports that convey overall project findings and provide recommendations to the client
- Interact directly with the client and/or client's other vendor partners (e.g., broker, captive manager, auditor)
- Delegate project tasks such as data analysis to Actuarial Analysts, and manage overall project execution
- Participate in industry marketing opportunities including publications and presentations
- Comply with internal quality control and peer review guidelines
- Take on additional responsibilities over time
Required Qualifications
- Bachelor’s degree in actuarial science, mathematics or related field
- Credentialed Fellow of the Casualty Actuarial Society (FCAS)
- A minimum of 10 years of professional work experience, including reserving for workers compensation and/or professional liability
- Experience presenting results to stakeholders
- Experience leading multiple projects simultaneously
Preferred Qualifications
- Experience with commercial lines reserving (workers compensation, medical professional liability) and/or large account pricing
- Experience preparing Statements of Actuarial Opinions for statutory insurance company Annual Statements
- Experience using reserving software, e.g. Arius
- Understanding of actuarial consulting workflow
- Experience supervising and/or mentoring staff
Required Skills and Competencies
- Advanced skills in Microsoft Office Word, Excel, and data aggregation (SQL, R, Python, Access, etc.)
- Service oriented, prompt to respond to client or colleague requests
- Excellent project management skills
- Collaborative, with a strong sense of individual responsibility
- Ability to balance work on multiple projects at any given time
- Excellent written and oral communication skills
- Takes initiative to act and learn without explicit direction
- Strong attention to detail and technical accuracy
- Invested in excellent design of work product to aid in explanation to client
Milliman Benefits
At Milliman, we focus on creating an environment that recognizes – and meets – the personal and professional needs of the individual and their family. We offer competitive benefits which include the following based on plan eligibility:
- Medical, dental and vision coverage for employees and their dependents, including domestic partners
- A 401(k) plan with matching program, and profit sharing contribution
- Employee Assistance Program (EAP)
- Paid Time Off (PTO) starts accruing on the first day of work and can be used for any reason; full-time employees will accrue 15 days of PTO per year, and employees working less than a full-time schedule will accrue PTO at a prorated amount based on hours worked
- 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
- 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
Location
This role will be part of the Milliman Western Region Property & Casualty group. but candidates hired into this role may work remotely anywhere in the Pacific or Mountain time zones.
Compensation
The salary range is $110,000 to $261,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. If overall experience is greater than 10 years the range would be $110,000 to $231,000; for experience of greater than 20 years, the range would be $125,000 to $261,000.
No recruiting agencies, please.
Equal Opportunity
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.
