Actuarial Analyst (Retirement Consulting)

The Employee Benefits practice of Milliman provides consulting services to a broad array of retirement plan sponsors. We are looking for an experienced exam-track actuarial analyst to assist consulting actuaries with all aspects of consulting to our clients, including the development and preparation of actuarial valuations, forecasts, and plan design studies. This position provides excellent opportunities for professional development and advancement, a supportive work environment, and a full study program.

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.

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.

In this role, you will:

• Process and organize data and assist with actuarial valuation of pension and retiree medical plans
• Train junior analysts, including review of their work
• Apply governing legal regulations to complex pension benefit calculations
• Assist with preparation of valuation reports, financial reporting reports and/or governmental filings
• Organize and work with complex actuarial valuation data sets
• Work towards ASA, FSA, and/or EA designations

Professional Qualifications

• Four or more years of experience as an actuarial analyst, including liability programming experience
• Completion of four or more actuarial certification examinations
• Proficiency with Microsoft Excel
• Bachelor’s degree with GPA of 3.0 or higher in Actuarial Science, Mathematics, Statistics, a related field, or demonstration of equivalent aptitude via relevant work experience

Personal Qualifications

• Ability to work both independently and in teams
• Strong time management skills
• Strong quantitative and analytical skills
• Excellent communication skills (written and oral)
• Near ASA designation

Our team is comprised of remote employees, along with hybrid employees in over a dozen offices across the United States. We provide actuarial valuations, experience studies, and plan design studies to public sector, private sector, and union (Taft-Hartley) clients.

This is a remote position. Candidates hired into this role may work onsite in select Milliman office locations if they prefer.

The salary range for this role is $70,000 to $146,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.

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)
• 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
• 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

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.