Boston MA

New York NY

Atlanta GA

Hartford CT

Burlington VT

Intern

Graduate

Part Qualified

Associate

Senior Actuary

Life

Health

Property & Casualty

Risk

Python

Modelling

Coding

Consulting

Excel

DescriptionAs a Health and Benefits Financial/Actuarial Director, you will serve as the financial lead for large, complex client assignments. You’ll leverage your experience as a benefits financial/actuarial expert to make strategic recommendations on funding, plan design, and innovative financial solutions.You will apply your financial management and data analytics expertise to solve complex client problems and to lead the development of new H&amp;B intellectual capital.<ul><li>Communicates and delivers complex concepts and financial/actuarial/analytic results to effectively drive client action and improve plan performance</li><li>Leads Medium to Large clients’ financial/actuarial engagements</li><li>Develops and delivers the financial/actuarial strategy for a portfolio of Medium and/or Large clients</li><li>Drives revenue growth through client sales of additional actuarial, financial, and/or risk solutions</li><li>Provides consulting quality reviews and client delivery for all types of financial/actuarial deliverables</li><li>Guides team (regional and global) on deliverables based on client need; reviews models and presentations for client delivery</li><li>Builds relationships internally and collaborates effectively on cross-functional teams</li></ul>Qualifications<ul><li>10+ years’ experience and demonstrated success in the delivery of complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment</li><li>Proven ability to generate revenue</li><li>Track record of success in managing and growing client relationships</li><li>Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting, and funding concepts</li><li>Proven ability to lead data analytic projects</li><li>Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy and leading the development of new intellectual capital</li><li>Ability to leverage judgment and past experiences to predict which methods will work</li><li>Multiple years of experience across one or multiple client segments</li><li>An executive presence with polished and well-developed written and oral communication skills</li><li>Superior ability to influence and collaborate with senior management and work across all levels of an organization</li><li>Excellent Microsoft Office skills, particularly in Excel and PowerPoint</li><li>State Life and Health license required within 90 days of joining</li><li>Actuarial designation and current continuing education (optional)</li></ul>Compensation and BenefitsBase salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role, and potential for revenue generation.CompensationThe base salary compensation range being offered for this role is $140,000.00 to $200,000.00 USD per year. This role is also eligible for an annual short-term incentive bonus.Company BenefitsWTW provides a competitive benefit package which includes the following (eligibility requirements apply):<ul><li>Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&amp;D, Group Legal, Identity Theft Protection, Wellbeing Program, and Work/Life Resources.</li><li>Leave Benefits: Paid Holidays, Annual Paid Time Off, Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave).</li><li>Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).</li></ul>The position allows for flexible working. At WTW, we trust you to know your work and the people, tools, and environment you need to be successful. The majority of our colleagues work in a “hybrid” style, with a mix of remote, in-person, and in-office interactions dependent on the needs of the team, role, and clients.We understand flexibility is key to supporting an inclusive and diverse workforce and encourage requests for all types of flexible working as well as location-based arrangements.

DescriptionAs a Health and Benefits Financial/Actuarial Director, you will serve as the financial lead for large, complex client assignments. You’ll leverage your experience as a benefits financial/actuarial expert to make strategic recommendations on funding, plan design, and innovative financial solutions.You will apply your financial management and data analytics expertise to solve complex client problems and to lead the development of new H&B intellectual capital.<ul><li>Communicates and delivers complex concepts and financial/actuarial/analytic results to effectively drive client action and improve plan performance</li><li>Leads Medium to Large clients’ financial/actuarial engagements</li><li>Develops and delivers the financial/actuarial strategy for a portfolio of Medium and/or Large clients</li><li>Drives revenue growth through client sales of additional actuarial, financial, and/or risk solutions</li><li>Provides consulting quality reviews and client delivery for all types of financial/actuarial deliverables</li><li>Guides team (regional and global) on deliverables based on client need; reviews models and presentations for client delivery</li><li>Builds relationships internally and collaborates effectively on cross-functional teams</li></ul>Qualifications<ul><li>10+ years’ experience and demonstrated success in the delivery of complex health and welfare financial/actuarial strategies and analysis in a consulting or brokerage environment</li><li>Proven ability to generate revenue</li><li>Track record of success in managing and growing client relationships</li><li>Deep understanding and expert knowledge in all aspects of employee benefit plan design, underwriting, and funding concepts</li><li>Proven ability to lead data analytic projects</li><li>Interest and aptitude in keeping abreast of latest developments in health and welfare plan strategy</li><li>Ability to leverage judgment and past experiences to predict which methods will work</li><li>Multiple years of experience across one or multiple client segments</li><li>An executive presence with polished and well-developed written and oral communication skills</li><li>Superior ability to influence and collaborate with senior management and work across all levels of an organization</li><li>Excellent Microsoft Office skills, particularly in Excel and PowerPoint</li><li>State Life and Health license required within 90 days of joining</li><li>Actuarial designation and current continuing education (optional)</li></ul>Compensation and BenefitsBase salary range and benefits information for this position are included in accordance with requirements of various state/local pay transparency legislation. Salaries may vary for different individuals in the same role based on several factors, including but not limited to location, individual competencies, education/professional certifications, qualifications/experience, performance in the role, and potential for revenue generation.CompensationThe base salary compensation range being offered for this role is $140,000.00 to $200,000.00 USD per year. This role is also eligible for an annual short-term incentive bonus.Company BenefitsWTW provides a competitive benefit package which includes the following (eligibility requirements apply):<ul><li>Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identity Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)</li><li>Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)</li><li>Retirement Benefits: Contributory Pension Plan and Savings Plan (401k).</li></ul>Flexible WorkingAt WTW, we trust you to know your work and the people, tools, and environment you need to be successful. The majority of our colleagues work in a “hybrid” style, with a mix of remote, in-person, and in-office interactions dependent on the needs of the team, role, and clients.We understand flexibility is key to supporting an inclusive and diverse workforce and encourage requests for all types of flexible working as well as location-based arrangements.

Who We AreIndependent since its creation in 1947, 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.The Atlantic Region P&amp;C Milliman practice, with locations in Boston MA, Burlington VT, and Atlanta, GA provides property and casualty actuarial consulting services on a range of projects across the insurance, reinsurance, insurance-linked securities (ILS) and alternative-risk markets. We work with a diverse set of clients including self-insured corporations, commercial insurance companies, governmental agencies, risk pools, financial investors and other risk-bearing entities.Using a variety of Milliman products and office-built tools, we look to establish and develop the cutting edge of actuarial practice in each of our professional niches, and provide our clients with trusted partnership and advice to advance the success of their business.We believe that the actuarial skillset has important applications across both our traditional actuarial work and our work in developing market areas, and are committed to developing a pipeline of actuarial talent and future leaders of the firm through exam support and interaction with senior colleagues.What You Will DoThe Actuarial Analyst role provides the backbone of analytical support for our projects. On a day-to-day basis, the Actuarial Analyst will be expected to work closely with project team members to execute key analyses for ongoing projects.They will be expected to produce high-quality analytical work while also showing professionalism and strong communication skills when interacting with colleagues and, when applicable, client contacts. Much of the Analyst's work will be done in Excel, but supplemental programming, statistical, and database skills are highly valued and will open up additional opportunities for impactful client assignments and advancement.Our team is a focused and tight-knit group, working together across multiple locations. Team members work on a range of client projects of various sizes, and we employ a highly integrated project structure that encourages interaction across all members of the team, from Analysts to the Principals who serve as client leads.While most of our team's time is spent working with members of the practice, we also have the chance to participate on certain assignments that are completed in partnership with other Milliman offices, and work with employees from other Milliman P&amp;C practices around the world.Actuarial Analysts are expected to pursue a credential with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations, and are provided time and monetary resources to support this pursuit.What We Are Looking ForProfessional Qualifications<ul><li>Completed Bachelor's degree or higher, including quantitative coursework in actuarial science, mathematics, statistics, etc.</li><li>A minimum of one passed actuarial exam, and pursuing a credential from the CAS</li><li>A minimum of one completed internship in or related to the fields of actuarial science, statistics, or finance</li><li>Up to four years of professional work experience</li><li>Substantial expertise with MS Excel and Word</li><li>Strong critical thinking, technical, and analytical skills</li><li>Close attention to detail</li></ul>Preferred Qualifications<ul><li>Some experience with computer programming</li><li>Expertise with statistical and modeling tools such as R, @Risk, VBA, Python, SAS, STATA, etc.</li><li>Working knowledge of supplemental database and professional working tools such as Access and PowerPoint</li><li>The ability to work collaboratively and organize various client needs in a fast-paced environment</li><li>Clearly demonstrated leadership and creative thinking abilities</li><li>The ability and willingness to clearly articulate questions and ideas</li><li>Intellectual curiosity about the topics of risk, Milliman, and the work of our practice</li><li>Enthusiasm for producing high-quality, professional work with accuracy and integrity</li><li>Inspired to contribute to the success of a project and succeed as a team</li><li>Self-starter with entrepreneurial spirit, inspired to drive new ventures within the business</li></ul>LocationCandidates hired into this role will be expected to work in the Milliman office in Boston MA, Burlington VT, or Atlanta GA on a regular basis; however, flexible work arrangements will be considered.CompensationThe salary range is $56,000 to $131,000, 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 $56,000 to $117,000; for experience of greater than 2 years, the range would be $63,000 to $131,000.BenefitsAt 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:<ul><li>Medical, dental and vision coverage for employees and their dependents, including domestic partners</li><li>A 401(k) plan with matching program, and profit sharing contribution</li><li>Employee Assistance Program (EAP)</li><li>A discretionary bonus program</li><li>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</li><li>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</li><li>A minimum of 8 paid holidays</li><li>Milliman covers 100% of the premiums for life insurance, AD&amp;D, and both short-term and long-term disability coverage</li><li>Flexible spending accounts allow employees to set aside pre-tax dollars to pay for dependent care, transportation, and applicable medical needs</li></ul>Equal OpportunityAll 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.

This Milliman practice, with locations in Boston MA, Burlington VT, and Atlanta GA, provides property and casualty actuarial consulting services on a range of projects across the insurance, reinsurance, insurance-linked securities (ILS) and alternative-risk markets.We work with a diverse set of clients including self-insured corporations, commercial insurance companies, governmental agencies, risk pools, and financial investors and other participants in the ILS space.Using a variety of Milliman products and office-built tools, we look to establish and develop the cutting edge of actuarial practice in each of our professional niches, and provide our clients with trusted partnership and advice to advance the success of their business.About MillimanIndependent 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.About the teamThe team is a focused and tight-knit group working together across our locations. Team members work on a range of client projects of various sizes, and we employ a highly integrated project structure that encourages interaction across all members of the team, from analysts to the Principals serving as the client leads. While most of our team’s time is spent working on Boston/Burlington/Atlanta projects and with Boston/Burlington/Atlanta employees, team members also have the chance to participate on certain assignments that are completed in partnership with other Milliman offices, and work with employees from other Milliman casualty practices.We believe that the actuarial skillset has important applications across both our traditional actuarial work and our work in developing market areas, and are committed to developing a pipeline of young actuarial talent and future leaders of the firm through exam support and interaction with senior colleagues.About the roleThe Actuarial Intern role provides training and experience to individuals seeking to pursue a career in actuarial science. Interns are expected to be pursuing a credential with the Casualty Actuarial Society (CAS) by taking and passing actuarial examinations, and to be exploring the potential of engaging in a full-time actuarial career.On a day-to-day basis, the Actuarial Intern will be expected to work closely with project team members to execute key analyses for ongoing projects. They will be expected to develop their actuarial skills while displaying professionalism and strong communication skills. Much of the intern’s work will be done in Excel, but supplemental programming, statistical, and database skills are highly valued and will open up additional opportunities during the internship.Although this position may provide the opportunity for some amount of remote work, the applicant must be willing to be based out of the Milliman Boston MA, Burlington, VT, or Atlanta GA office. We are open to part-time interns during the school year, or full-time interns during the summer.Requirements<ul><li>Four-year bachelor’s degree or higher degree (quantitative course work in actuarial science, mathematics, statistics, etc. highly desired), either completed or in progress</li><li>Strong critical thinking, technical, and analytical skills</li><li>Substantial expertise with Excel and Word</li><li>Close attention to detail</li></ul>Desired:<ul><li>Between one and five successfully completed actuarial examinations, and pursuing a credential from the CAS.</li><li>Some experience with computer programming</li><li>Expertise with statistical and modeling tools such as R, @Risk, VBA, Python, SAS, STATA, etc.</li><li>Working knowledge of supplemental database and professional working tools such as Access and PowerPoint</li><li>The ability to work collaboratively and organize various client needs in a fast-paced environment</li><li>Clearly demonstrated leadership and creative thinking abilities</li><li>The ability and willingness to clearly articulate questions and ideas</li><li>Intellectual curiosity about the topics of risk, Milliman, and the work of our specific property/casualty practice</li></ul>The hourly range for this position is $23-35 per hour, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.

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