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Actuarial Analyst

Milliman, Inc
life insurance, parental leave, paid time off, paid holidays, 401(k), profit sharing
United States, Florida, Tampa
Nov 19, 2024
Description

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.

Through a team of professionals ranging from actuaries to clinicians, technology specialists to plan administrators, we offer unparalleled expertise in employee benefits, investment consulting, healthcare, life insurance and financial services, and property and casualty insurance.

What You Will Do

In this role, you will: (but not limited to)



  • Assist in the construction, validation, documentation, and delivery of financial forecasting models using Excel and/or proprietary forecasting tools.
  • Contribute on a wide variety of assignments, including pricing, product design, sensitivity analysis, merger & acquisition support, asset and liability analysis, cash flow testing, statutory and tax valuation, and/or ORSA support.
  • Draft client communications.
  • Develop technical expertise and actively participate in multiple consulting projects at the same time.
  • Perform research and provide analysis and assistance on special projects.
  • Design and implement processes improvement with support from fellow staff.



What We Are Looking For

Professional Qualifications



  • Bachelor's degree with strong academic background in actuarial science, finance, statistics, economics, mathematics or other related subject.
  • GPA 3.2+
  • Successful completion of one or more Society of Actuaries exams.
  • 0-1 years of experience.


Personal Qualifications



  • Strong work ethic and ability to work independently.
  • Excellent written and verbal communication skills.


Preferred Qualifications



  • Data science training or aptitude, including creating predictive models
  • Proven ability to handle multiple projects and tasks, prioritizing and meeting deadlines.


The Team

The Milliman, Tampa Individual Life and Health practice, with a focus on Supplemental Products provides professionals with the best possible environment in terms of knowledge base and professional growth opportunities. Our team is made up of a mix of entry level analysts, recently credentialed actuaries, and senior level actuaries. New analysts work with professionals at all levels learning a variety of skills and techniques from day one in order to meet our clients' needs. Our work environment is relaxed and flexible, providing ample opportunity for mentorship and client interaction.

Location

Candidates hired into this role will be required to work in-person in the Milliman office in Tampa, Florida on a weekly basis, but flexible work arrangements can be considered.

Compensation

The salary range is $61,000 - $113,000, depending on a combination of factors, including but not limited to education, relevant work experience, qualifications, skills, certifications, location, etc. If overall experience is less than 2 years the range would be $61,000 - $101,000; for experience of greater than 2 years, the range would be $68,000 - $113,000.

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:



  • A 401(k) plan with matching program, and profit sharing contribution
  • Employee Assistance Program (EAP)
  • A discretionary bonus program
  • 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
  • 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. You may utilize this benefit any time throughout the year and funds will be available the first of the month following your first contribution.
  • 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


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.

#LI-HYBRID

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
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