Albany NY

Atlanta GA

Boise ID

Brookfield WI

Chicago IL

Dallas TX

Houston TX

Irvine CA

Little Falls NJ

Omaha NE

Portland OR

Remote

Seattle WA

St Louis MO

Windsor CT

Graduate

Part Qualified

Associate

Health

Pensions

Reporting

Risk

Modelling

Pricing

Valuation

Consulting

Excel

Description:This individual contributor is primarily responsible for providing support for researching and determining the likelihood of financial risk to the organization. This includes reviewing actuarial documentation for accuracy, supporting product line evaluation and actuarial modeling, and supporting financial risk and opportunity analyses.Essential Responsibilities:<ul><li>Pursues self-development and effective relationships with others by sharing resources, information, and knowledge with coworkers and customers; listening, responding to, and seeking performance feedback; acknowledging strengths and weaknesses; assessing and responding to the needs of others; and adapting to and learning from change, difficulties, and feedback.</li><li>Completes work assignments by applying up-to-date knowledge in subject area to meet deadlines; following procedures and policies and applying data and resources to support projects or initiatives; collaborating with others, often cross-functionally, to solve business problems; supporting the completion of priorities, deadlines, and expectations; communicating progress and information; identifying and recommending ways to address improvement opportunities when possible; and escalating issues or risks as appropriate.</li><li>Supports actuarial documentation by assisting with the preparation and review for accuracy of the actuarial portion of financial reports and tax returns; and responses to insurance regulations.</li><li>Supports product line evaluations by assisting with analysis of product line financials, pricing, reserve, valuation, cash flow analysis; and documenting product line performance, risk, and assumptions used in product development.</li><li>Assists with actuarial research by conducting literature reviews with limited direction on standards, assumptions, competition, and the legal and regulatory environment.</li><li>Analyzes financial risks and opportunities by applying basic actuarial methods; collecting data; and assisting with interpreting actuarial analyses.</li><li>Supports collaborations with peer-level business partners by translating actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.</li><li>Supports actuarial modeling by learning and using actuarial models; assisting with the application of alternative assumptions and forecasts using in-house models or actuarial software; and validating the data.</li></ul>Minimum Qualifications:<ul><li>Bachelor's degree in mathematics or related field AND minimum two (2) years actuarial experience. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.</li><li>Passed at least 4 actuarial exams toward an ASA or ACAS certification.</li></ul>Preferred Qualifications:<ul><li>Three (3) years experience with databases and spreadsheets.</li><li>Bachelor's degree in statistics, actuarial science, mathematics, engineering, or physics.</li></ul>Pay Range: $83,100 - $107,470 / yearTravel: NoRemote: Work location is the remote workplace (from home) within KP authorized states.

The Employee Benefits Consulting PracticeThe Employee Benefits Consulting Practice offers excellent retirement, health, compensation, and investment consulting services to our clients. We are currently seeking an Actuarial Analyst with 0-2 years of relevant experience with at least one SOA exam success. Our principal values form the foundation of our truly distinctive student program. The Milliman culture provides motivated students with the necessary means to build a successful actuarial career.Who We AreIndependent 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.What You Will DoThis entry-level position provides support and assistance to actuarial consultants. This includes measuring pension liabilities and annual costs, studying the effects of changes in the design of employee benefit plans, and communicating results.<ul><li>Prepare basic actuarial calculations, government form filings, and other client deliverables.</li><li>Obtain data from clients and respond to client requests for information, explanations, and answers related questions.</li><li>Reconciling claims data, projecting future costs, claims reserve calculations, pricing plan design changes, and supporting postretirement health valuations.</li><li>Provide analysis and assistance on projects as assigned.</li><li>Supporting more senior staff in a wide range of strategic projects</li></ul>What We Are Looking ForBA or BS in Mathematics or related field<ul><li>0 - 2 years relevant experience with at least one Society of Actuaries exam success (two preferred)</li><li>actively pursuing SOA exams towards Actuarial certification</li><li>excellent computer and technical skills</li><li>strong communication skills</li><li>ability to handle multiple projects at the same time</li><li>ability to work on detailed spreadsheets and other business software programs</li><li>ability to work in a team environment</li></ul>The TeamThe EB Consulting practice provides actuarial and other consulting services for multiple industries, for actives and retirees and for Corporate, Public and Multiemployer Plans. This practice works with several key types of clients organized into the following seven lines of business:<ul><li>Corporate Pension Plans</li><li>Multiemployer Pension Plans</li><li>Public Pension Plans</li><li>Other Postretirement Benefit Plans (Corporate, Multiemployer, and Public combined)</li><li>Health and Group Benefits (Corporate, Multiemployer, and Public combined)</li><li>Compensation and Benefits Surveys</li><li>Investments</li></ul>LocationThis position is based out of one of Milliman’s office locations listed. Candidates hired into this role must be willing to work onsite on a weekly basis, but flexible work arrangements will be considered. Relocation expenses for applicants offered the position will not be paid by Milliman.CompensationThe salary range is $56,000 to $117,000, depending on a combination of factors, including, but not limited to, education, relevant work experience, qualifications, skills, certifications, location, etc.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>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.Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe 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)

Job Summary:This individual contributor is primarily responsible for assisting in researching and determining the likelihood of financial risk to the organization, supporting actuarial documentation, product line evaluation, and actuarial modeling, and assisting in financial risk and opportunity analyses.Essential Responsibilities:<ul><li>Pursues self-development and effective relationships with others by sharing information with coworkers and customers; listening and responding to performance feedback; acknowledging strengths and weaknesses; and adapting to and learning from change, difficulties, and feedback.</li><li>Completes work assignments by following procedures and policies and using data, and resources; collaborating with others to address business problems; adhering to established priorities, deadlines, and expectations; communicating progress and information; occasionally identifying and recommending ways to address improvement opportunities; and escalating issues or risks as appropriate.</li><li>Supports actuarial documentation by assisting with preparation of the actuarial portion of financial reports and tax returns, and responses to insurance regulations.</li><li>Supports product line evaluations by assisting with analysis of product line financials, valuation, cash flow analysis.</li><li>Assists with actuarial research by conducting literature reviews on common standards, assumptions, competition and the legal and regulatory environment.</li><li>Assists with analysis of financial risks and opportunities by applying actuarial methods; collecting data; and assisting with actuarial analyses.</li><li>Supports collaborations with peer-level business partners by translating basic actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.</li><li>Supports actuarial modeling by learning and using actuarial models; and assisting with the application of alternative assumptions and forecasts using in-house models or actuarial software.</li></ul>Minimum Qualifications:<ul><li>Bachelors degree in mathematics or related field. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.</li><li>Passed at least 1 actuarial exam toward an ASA or ACAS certification.</li></ul>Preferred Qualifications:<ul><li>Two (2) years experience with databases and spreadsheets.</li><li>Bachelor's degree in statistics, actuarial science, mathematics , engineering, or physics.</li></ul>Pay Range:$69400 - $89870 / yearAt Kaiser Permanente, equity, inclusion and diversity are inextricably linked to our mission, and we aim to make it a part of everything we do. We know that having a diverse and inclusive workforce makes Kaiser Permanente a better place to receive health care, a more supportive partner in our communities we serve, and a more fulfilling place to work. Working at Kaiser Permanente means that you agree to and abide by our commitment to equity and our expectation that we all work together to create an inclusive work environment focused on a sense of belonging and wellbeing.Kaiser Permanente is an equal opportunity employer committed to a diverse and inclusive workforce. Applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy), age, sexual orientation, national origin, marital status, parental status, ancestry, disability, gender identity, veteran status, genetic information, other distinguishing characteristics of diversity and inclusion, or any other protected status.

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:<ul><li>Process and organize data and assist with actuarial valuation of pension and retiree medical plans</li><li>Train junior analysts, including review of their work</li><li>Apply governing legal regulations to complex pension benefit calculations</li><li>Assist with preparation of valuation reports, financial reporting reports and/or governmental filings</li><li>Organize and work with complex actuarial valuation data sets</li><li>Work towards ASA, FSA, and/or EA designations</li></ul>Professional Qualifications<ul><li>Four or more years of experience as an actuarial analyst, including liability programming experience</li><li>Completion of four or more actuarial certification examinations</li><li>Proficiency with Microsoft Excel</li><li>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</li></ul>Personal Qualifications<ul><li>Ability to work both independently and in teams</li><li>Strong time management skills</li><li>Strong quantitative and analytical skills</li><li>Excellent communication skills (written and oral)</li><li>Near ASA designation</li></ul>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:<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>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.

Country

Sector

Hide closed jobs

Experience Actuarial Analyst Job Vacancies and Opportunities